Common use of Investor Services (Core Services Clause in Contracts

Investor Services (Core Services. Notwithstanding anything to the contrary in this Agreement (including for the avoidance of doubt, Exhibit A hereto), HedgeServ shall not (1) process any transfer of interests in the Fund, or (2) direct the payment of proceeds from the redemption or tender of Fund interests to any person other than the registered owner of such Fund interests or an account in the name of such owner, in either case without first obtaining the written authorization of the registered owner of such Fund interests in connection with any such transfer, or the payment of proceeds of a redemption or tender, as the case may be (which authorization may not be provided by the Fund’s investment adviser pursuant to a power-of-attorney or similar authority).

Appears in 6 contracts

Samples: Administrative Services Agreement (Aetos Multi-Strategy Arbitrage Fund LLC), Administrative Services Agreement (Aetos Long/Short Strategies Fund LLC), Administrative Services Agreement (Aetos Distressed Investment Strategies Fund LLC)

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