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 broker-dealer 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” as such term is defined in the 1940 Act, of the Sub-Adviser. Each of the Adviser and the Sub-Adviser agrees, as promptly as reasonably practicable, to update such party’s respective list whenever the Adviser or the Sub-Adviser, as applicable, becomes aware of any changes that should be added to or deleted from its respective list of affiliated persons.

Appears in 4 contracts

Samples: Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund), Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund), Investment Sub Advisory Agreement (FS Multi-Alternative Income Fund)

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