Common use of No Material Pending Actions Clause in Contracts

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s condition (financial or business otherwise), business, or prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement Adviser’s investment management agreement with the TrustFund.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, proceedings or investigations before or by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, affiliates is a party or to which it or its affiliates or any of its affiliates or its affiliates’ assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, inquiry or dispute by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, exchange or arbitration panel regarding any of its or their respective activities which might reasonably be expected to result in a material adverse change in effect on the Adviser’s financial or business prospects Fund or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To There are no material pending or, to the best of its the Fund’s knowledge, there are no material pending, threatened, threatened or contemplated actions, suits, proceedings, proceedings or investigations before or by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, affiliates is a party or to which it or its affiliates or any of its affiliates or its affiliates’ assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, investigation or dispute by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, exchange or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in effect on the Adviser’s financial or business prospects Fund or which might reasonably be expected to materially impair the AdviserFund’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the TrustAgreement.

No Material Pending Actions. To There are no material pending, or to the best of its knowledge, there are no material pendingthreatened or contemplated, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the TrustFund.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might could reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might could reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the TrustFund.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatenedthreatened in writing, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best knowledge of its knowledgethe Sub-Adviser, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, affiliates is a party or to which it or any of its affiliates affiliates’ or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might could reasonably be expected to result in a material adverse effect on the Fund, a material adverse change in the Sub-Adviser’s financial or business prospects prospects, or which might could reasonably be expected to materially impair the Sub-Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the TrustAgreement.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects prospects, or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in (i) a material adverse effect on the Fund or (ii) a material adverse change in the Adviser’s condition (financial or otherwise) or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To There are no material pending or, to the best of its the Adviser’s knowledge, there are no material pending, threatened, threatened or contemplated actions, suits, proceedings, proceedings or investigations before or by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, affiliates is a party or to which it or its affiliates or any of its affiliates or its affiliates’ assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, investigation or dispute by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, exchange or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in effect on the Adviser’s financial or business prospects Fund or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, pending or contemplated threatened actions, suits, proceedings, or investigations before or by any court, governmental, administrative, administrative or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, affiliates is a party or to which it or its affiliates or any of its affiliates or its affiliates’ assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, investigation or dispute inquiry by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of its or their respective activities which might reasonably be expected to result in a material adverse effect on the Fund, a material adverse change in the Adviser’s financial or business prospects prospects, or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the AdviserSubadviser’s condition (financial or business otherwise), business, or prospects or which might reasonably be expected to materially impair the AdviserSubadviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the TrustAgreement.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it its or any of its affiliates or affiliates’ assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.

No Material Pending Actions. To the best of its knowledge, there are no material pending, threatened, or contemplated actions, suits, proceedings, or investigations before or by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel to which it or any of its affiliates, is a party or to which it or any of its affiliates or assets are subject, nor has it or any of its affiliates received any notice of an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of their respective activities which might reasonably be expected to result in a material adverse change in the Adviser’s financial or business prospects or which might reasonably be expected to materially impair the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.