Common use of Representations and Warranties of Advisor Clause in Contracts

Representations and Warranties of Advisor. The Advisor hereby represents and warrants that as of the date of this Investment Advisory Agreement: (a) The Advisor hereby acknowledges that it is registered as an investment adviser under the Investment Advisers Act. (b) This Investment Advisory Agreement has been duly authorized, executed and delivered by the Advisor and constitutes its valid and binding obligation, enforceable against the Advisor in accordance with its terms; and (c) No governmental authorizations, approvals, consents or filings are required in connection with the execution, delivery or performance of this Investment Advisory Agreement by the Advisor; the execution, delivery and performance of this Investment Advisory Agreement by the Advisor will not violate or result in any default under the Advisor's certificate of incorporation or bylaws (or equivalent constituent documents), any contract or other agreement to which the Advisor is a party or by which it may be bound or any statute or any rule, regulation or order of any government agency or body.