Common use of Lists of Affiliated Persons Clause in Contracts

Lists of Affiliated Persons. The Adviser shall provide the Sub-Adviser with a list of each entity that is both (i) an “affiliated person,” as such term is defined in the 1940 Act, of the Adviser and (ii) a broker, dealer, or entity that is engaged in the business of underwriting, or a registered investment adviser. The Sub-Adviser shall provide the Adviser with a list of each person who is an “affiliated person” (and any affiliated person of such an affiliated person), as such term is defined in the 1940 Act or as otherwise agreed in writing by the Sub-Adviser and the Adviser, of the Sub-Adviser. Each of the Adviser and the Sub-Adviser agrees to provide such list to the other party prior to the Sub-Adviser commencing actual management of the assets of the Fund with respect to the Allocated Portion and to promptly update such list whenever the Adviser or the Sub-Adviser becomes aware of any changes that should be added to or deleted from such list of affiliated persons.