Common use of Notice of Material Actions / Change in Control Clause in Contracts

Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments of which the Sub-Adviser has knowledge that would materially adversely affect the Fund. The Sub-Adviser will as soon as reasonably practicable notify the Adviser in writing of the occurrence of any of the following events: (i) it is served or otherwise receives written notice of any material action, suit, proceeding or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially adversely affect the investment management business of the Sub-Adviser; and (ii) there is any change in the partners (or equivalent persons) of the Sub-Adviser or in the actual control or management of the Sub-Adviser or in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.

Appears in 5 contracts

Samples: Investment Sub Advisory Agreement (FS Series Trust), Investment Sub Advisory Agreement (FS Series Trust), Investment Sub Advisory Agreement (FS Series Trust)

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Notice of Material Actions / Change in Control. The SubCo-Adviser will keep the Trust and the Adviser informed of developments of which the SubCo-Adviser has knowledge that would materially adversely affect the Fund. The SubCo-Adviser will as soon as reasonably practicable notify the Adviser in writing of the occurrence of any of the following events: (i) it is served or otherwise receives written notice of any material action, suit, proceeding or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially adversely affect the investment management business of the SubCo-Adviser; and (ii) there is any change in the partners (or equivalent persons) of the SubCo-Adviser or in the actual control or management of the SubCo-Adviser or in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.

Appears in 2 contracts

Samples: Investment Co Advisory Agreement (Advisors' Inner Circle Fund III), Investment Co Advisory Agreement (Advisors' Inner Circle Fund III)

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Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments of which the Sub-Adviser has has, or should have, knowledge that would materially adversely affect the Fund. The Sub-Adviser will as soon as reasonably practicable promptly notify the Adviser in writing of the occurrence of any of the following events: events (i) it is served or otherwise receives written notice of any material action, suit, proceeding proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency agency, or public board or body, (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially adversely affect the investment management business of the Sub-Adviser; Adviser and (ii) there is any change in the partners (or equivalent persons) of the Sub-Adviser or in the actual control or management of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)

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