Common use of Regulatory Communications and Notices Clause in Contracts

Regulatory Communications and Notices. The Sub-Adviser shall, as promptly as reasonably practicable, provide notice to the Adviser regarding any inspections, notices or inquiries from any governmental, administrative or self-regulatory agency relating to (i) the Sub-Adviser’s management of the Allocated Portion or that otherwise specifically relate to the Fund or (ii) matters that could reasonably be viewed as material to the Sub-Adviser’s ability to provide services to the Fund, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions. To the extent that such inspections, notices, or inquiries relate to the Fund, the Sub-Adviser shall, as promptly as reasonably practicable, make available to the Adviser an explanation of any material findings in any such documents unless, in the opinion of the Sub-Adviser’s counsel, the Sub-Adviser would be legally prohibited from doing so or doing so would jeopardize its attorney-client privilege.

Regulatory Communications and Notices. The Sub-Adviser shall, as shall promptly as reasonably practicable, provide notice to the Adviser regarding any inspections, notices or inquiries from any governmental, administrative or self-regulatory agency agency, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions relating to (i) the Sub-Adviser’s management of the Allocated Portion or that otherwise specifically relate to the Fund or (ii) that involve matters that could reasonably be viewed as material to the Sub-Adviser’s ability to provide services to the Fund, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions. To the extent that such inspections, notices, or inquiries relate to the Fund, the Sub-Adviser shall, as shall promptly as reasonably practicable, make available such documents to the Adviser an explanation of any material findings in any such documents unless, in the opinion of the Sub-Adviser’s counselcounsel (which may be in-house counsel of the Sub-Adviser), the Sub-Adviser would be legally prohibited restricted by law, rule, regulation, or judicial process from doing so or doing so would jeopardize its attorney-client privilegeso.

Regulatory Communications and Notices. The Sub-Adviser shall, as shall promptly as reasonably practicable, provide notice to the Adviser regarding any inspections, notices or inquiries from any governmental, administrative or self-regulatory agency agency, relating to (i) the Sub-Sub- Adviser’s management of the Allocated Portion or that otherwise specifically relate to the Fund or (ii) that involve matters that could may reasonably be viewed as material expected to materially adversely affect the Sub-Adviser’s ability to provide services to the Fund, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions. To the extent that such inspections, notices, or inquiries relate to the Fund, the Sub-Adviser shall, as shall promptly as reasonably practicable, make available such documents to the Adviser an explanation of any material findings in any such documents unless, in the opinion of the Sub-Adviser’s counsel, the Sub-Adviser would be legally prohibited from doing so or doing so would jeopardize its attorney-client privilegeso.

Regulatory Communications and Notices. The Sub-Adviser shall, as shall promptly as reasonably practicable, provide notice to the Adviser regarding any inspections, notices or inquiries from any governmental, administrative or self-regulatory agency relating agency, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions which could have a material impact on (i) the Fund or the Sub-Adviser’s management of the Allocated Portion or that otherwise specifically relate to the Fund Portion, or (ii) that involve matters that the Sub-Adviser reasonably believes, acting in good faith,could reasonably be viewed as material to the Sub-Adviser’s ability to provide services to the Fund, including without limitation, any deficiency letter, responses to deficiency letters or similar communications or actions. To the extent that such inspections, notices, or inquiries relate to the Fund, the Sub-Adviser shall, as shall promptly as reasonably practicable, make available such documents to the Adviser an explanation of any material findings in any such documents unless, in the opinion of the Sub-Adviser’s counsel, the Sub-Adviser would be legally prohibited from doing so or doing so would jeopardize its attorney-client privilegeso.