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 directors, officers, or employees is a party or to which it or any of its or its affiliates assets are subject, nor has it or any of its affiliates received any notice of a material investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of its or their respective activities; in each case that might reasonably be expected to result in a material adverse change in the Adviser’s condition (financial or otherwise), or that 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 directorsaffiliates, officers, or employees is a party or to which it or its affiliates or any of its or its affiliates affiliates’ assets are subject, nor has it or any of its affiliates received any notice of a material an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of its or their respective activities; in each case that activities which might reasonably be expected to result in a material adverse change in the Adviser’s condition (financial or otherwise), business, or that 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, 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 directorsaffiliates, officers, or employees is a party or to which it or any of its affiliates is a party or to which it or its affiliates or its affiliates’ assets are subject, nor has it or any of its affiliates received any notice of a material an investigation, inquiry, or dispute by any court, governmental, administrative, or self-regulatory body, board of trade, exchange, or arbitration panel regarding any of its or their respective activities; in each case that activities which might reasonably be expected to result in a material adverse change in the Adviser’s condition (financial or otherwise), business prospects or that which might reasonably be expected to materially impair have a material adverse effect on the Adviser’s ability to discharge its obligations under this Agreement or the Advisory Agreement with the Trust.