Common use of Good Standing of the Sub-Adviser Clause in Contracts

Good Standing of the Sub-Adviser. The Sub-Adviser has been duly organized and is validly existing and in good standing as a limited liability company under the laws of the State of 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 the Sub-Adviser is duly qualified 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 or to be in good standing would not have a material adverse effect on the ability of the Sub-Adviser to function as an investment adviser or perform its obligations under the Sub-Advisory Agreement to which it is a party.

Good Standing of the Sub-Adviser. The Sub-Adviser has been duly organized and is validly existing and in good standing as a limited liability company corporation under the laws of the State of Delaware, with full limited liability company corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and the Sub-Adviser is duly qualified 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 or to be in good standing would not have a material adverse effect on the ability of the Sub-Adviser to function as an investment adviser or perform its obligations hereunder and under the Sub-Advisory Agreement to which it is a partyAgreement.

Good Standing of the Sub-Adviser. The Sub-Adviser has been duly organized and is validly existing and in good standing as a limited liability company corporation under the laws of the State of Delaware, with full limited liability company corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and the Sub-Adviser is duly qualified 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 or to be in good standing would not have a material adverse effect on the ability of the Sub-Adviser to function as an investment adviser or to perform its obligations under the Sub-Advisory Agreement to which it is a partyAgreement.

Good Standing of the Sub-Adviser. The Sub-Adviser has been duly organized and is validly existing and in good standing as a limited liability company corporation under the laws of the State of Delaware, with full limited liability company corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Prospectus and the Sub-Adviser is duly qualified 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 or to be in good standing would not have a material adverse effect on the ability of the Sub-Adviser to function as an investment adviser or to perform its obligations under the Sub-Advisory Agreement to which it is a party.