Common use of Good Standing of the Investment Adviser Clause in Contracts

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the state of Delaware with full power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have a material adverse effect.

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the state State of Delaware Delaware, with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where to the extent that failure to be so qualify qualified and in good standing would not reasonably be expected to have a material adverse effectMaterial Adverse Effect on the Investment Adviser's ability to provide services to the Trust.

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the state State of Delaware with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have result in a material adverse effecteffect of the Investment Adviser.

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation under the laws of the state of Delaware Delaware, with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and it is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have a material adverse effect.

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation limited partnership under the laws of the state State of Delaware Delaware, with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where to the extent that failure to be so qualify qualified and in good standing would not reasonably be expected to have a material adverse effectMaterial Adverse Effect on the Investment Adviser's ability to provide services to the Trust.

Good Standing of the Investment Adviser. The Investment Adviser has been duly organized and is validly existing and in good standing as a corporation limited liability company under the laws of the state State of Delaware Delaware, with full limited liability company power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation limited liability company to transact business and is in good standing in each other jurisdiction in which such qualification is required, except where the failure to so qualify would not have a material adverse effect.

Good Standing of the Investment Adviser. The Investment Adviser has been is a limited liability company duly organized and is validly existing and in good standing as a corporation under the laws of the state State of Delaware Delaware, with full corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Prospectus and the General Disclosure Package, and is duly registered and qualified as a foreign corporation to transact conduct its business and is in good standing in each other jurisdiction in which such qualification is required, except or place where the failure to so qualify would not have a material adverse effectnature of its properties or the conduct of its business requires such registration or qualification.

Good Standing of the Investment Adviser. The Investment Adviser has been is duly organized and is validly existing and in good standing as a corporation under the laws of the state State of Delaware Delaware, with full power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus Registration Statement and the Prospectus, and is duly registered and qualified as a foreign corporation to transact conduct its business and is in good standing in each other jurisdiction in which or place where the nature of its properties or the conduct of its business requires such qualification is requiredregistration or qualification, except where the failure to so qualify or be in good standing would not have reasonably be expected to result in a material adverse effectMaterial Adverse Effect.