Regulatory Communications and Notices. Each party shall promptly provide notice to the other party regarding any material inspections, notices or inquiries from any governmental, administrative or self-regulatory agency (including without limitation, any deficiency letter or similar communication) relating to (i) the Allocated Portion or (ii) matters that would have a material adverse effect on the notifying party’s ability to provide services to the Fund. To the extent that such inspections, notices, or inquiries relate to the Sub-Adviser’s management of the Allocated Portion, the notifying party shall promptly make notices of such events available to the other party unless, in the opinion of the notifying party’s counsel, the notifying party would be legally prohibited from doing so.
Appears in 4 contracts
Samples: Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds), Investment Sub Advisory Agreement (Blackstone Alternative Investment Funds)
