Portfolio Holdings that become a. “Fail”. In the event that the Advisor notifies the Subadvisor that a security already in the Fund’s portfolio no longer passes the Fund’s sustainable and socially responsible investment criteria, the Advisor shall instruct the Subadvisor whether the Subadvisor should dispose of the security immediately or at such time as the Subadvisor believes would be least detrimental to the Fund. To the extent instructed by the Advisor, the Subadvisor shall have no liability for the disposition of any securities under this sub-paragraph. With respect to this sub-paragraph, the form of notification shall be mutually agreed upon by the parties.
Appears in 2 contracts
Samples: Investment Subadvisory Agreement (Calvert World Values Fund Inc), Investment Subadvisory Agreement (Calvert World Values Fund Inc)
Portfolio Holdings that become a. “Fail”. In the event that the Advisor notifies the Subadvisor that a security already in the Fund’s portfolio is deemed to no longer passes pass the Fund’s sustainable and socially responsible social investment criteria, the Advisor shall instruct the Subadvisor whether the Subadvisor should dispose of the security immediately or at such time as the Subadvisor believes would be least detrimental to the Fund. To the extent instructed by the Advisor, the Subadvisor shall have no liability for the disposition of any securities under this sub-paragraph. With respect to this sub-paragraph, the form of notification shall be mutually agreed upon by the parties.
Appears in 1 contract
Samples: Investment Subadvisory Agreement (Calvert Impact Fund Inc)
Portfolio Holdings that become a. “Fail”". In the event that the Advisor notifies the Subadvisor that a security already in the Fund’s 's portfolio no longer passes the Fund’s sustainable and socially responsible investment criteria's social screen, the Advisor shall instruct the Subadvisor whether the Subadvisor should dispose of the security immediately or at such time as the Subadvisor believes would be least detrimental to the Fund. To the extent instructed by the Advisor, the Subadvisor shall have no liability for the disposition of any securities under this sub-paragraph. With respect to this sub-paragraph, the form of notification shall be mutually agreed upon by the parties.
Appears in 1 contract
Samples: Investment Subadvisory Agreement (Calvert Variable Series Inc)