Common use of Representations and Warranties of the Administrator Clause in Contracts

Representations and Warranties of the Administrator. The Administrator represents and warrants to the Fund that: a. It is a Massachusetts trust company, duly organized and existing under the laws of The Commonwealth of Massachusetts; b. It has the organizational power and authority to carry on its business in The Commonwealth of Massachusetts; c. All requisite organizational proceedings have been taken to authorize it to enter into and perform this Agreement; d. No legal or administrative proceedings have been instituted or threatened which would impair the Administrator’s ability to perform its duties and obligations under this Agreement; and e. Its entrance into this Agreement shall not cause a material breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable to it. The Administrator further represents and warrants that it will promptly notify the Fund if any of the above ceases to be true or if it is unable to perform any of its obligations under this Agreement for any reason.

Appears in 4 contracts

Samples: Administration Agreement (Dfa Investment Trust Co), Administration Agreement (Dimensional Investment Group Inc), Administration Agreement (Dimensional Emerging Markets Value Fund)

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Representations and Warranties of the Administrator. The Administrator represents and warrants to the Fund Trust that: a. It is a Massachusetts trust companycorporation, duly organized and existing under the laws of The Commonwealth of Massachusetts; b. It has the organizational corporate power and authority to carry on its business in The Commonwealth of Massachusetts; c. All requisite organizational corporate proceedings have been taken to authorize it to enter into and perform this Agreement; d. No legal or administrative proceedings have been instituted or threatened which would materially impair the Administrator’s ability to perform its duties and obligations under this Agreement; and e. Its entrance into this Agreement shall not cause a material breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable to it. . f. The Administrator further represents has duly adopted written policies and warrants procedures that it will promptly notify the Fund if any are reasonably designed to prevent violation of the above ceases Federal Securities Laws (as defined in Rule 38a-1 under the 0000 Xxx) with respect to be true or if it is unable the services provided hereunder to perform any of its obligations under this Agreement for any reasonthe Trust and the Funds.

Appears in 4 contracts

Samples: Administration Agreement (Select Sector SPDR Trust), Administration Agreement (SPDR INDEX SHARES FUNDS (Formerly streetTRACKS Index Shares Funds)), Administration Agreement (SSGA Master Trust)

Representations and Warranties of the Administrator. The Administrator represents and warrants to the Fund each Trust that: a. It is a Massachusetts trust companycorporation, duly organized and existing under the laws of The Commonwealth of Massachusetts; b. It has the organizational corporate power and authority to carry on its business in The Commonwealth of Massachusetts; c. All requisite organizational corporate proceedings have been taken to authorize it to enter into and perform this Agreement; d. No legal or administrative proceedings have been instituted or threatened which would materially impair the Administrator’s ability to perform its duties and obligations under this Agreement; and e. Its entrance into this Agreement shall not cause a material breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable to it. . f. The Administrator further represents has duly adopted written policies and warrants procedures that it will promptly notify the Fund if any are reasonably designed to prevent violation of the above ceases Federal Securities Laws (as defined in Rule 38a-1 under the 0000 Xxx) with respect to be true or if it is unable the services provided hereunder to perform any of its obligations under this Agreement for any reasonthe Trust and the Funds.

Appears in 3 contracts

Samples: Administration Agreement (State Street Institutional Investment Trust), Administration Agreement (State Street Master Funds), Administration Agreement (Ssga Funds)

Representations and Warranties of the Administrator. The Administrator represents and warrants to the Fund Trust that: a. It is a Massachusetts trust company, duly organized and existing under the laws of The Commonwealth of Massachusetts; b. It has the organizational power and authority to carry on its business in The Commonwealth of Massachusetts; c. All requisite organizational corporate proceedings have been taken to authorize it to enter into and perform this Agreement; d. No legal or administrative proceedings have been instituted or threatened which would impair the Administrator’s ability to perform its duties and obligations under this Agreement; and; e. Its entrance into this Agreement shall not cause a material breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable to it. The Administrator further represents ; and f. It maintains mutual fund industry standard back-up systems and warrants other procedures that it will promptly notify are reasonably designed to prevent disruption or delay in the Fund if any of the above ceases to be true or if it is unable to perform any performance of its obligations or duties under this Agreement for any reasonAgreement.

Appears in 2 contracts

Samples: Administration Agreement (Tekla World Healthcare Fund), Administration Agreement (Tekla Healthcare Opportunities Fund)

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Representations and Warranties of the Administrator. The Administrator represents and warrants to the Fund each Trust that: a. It is a Massachusetts trust company, duly organized and existing under the laws of The Commonwealth of Massachusetts; b. It has the organizational power and authority to carry on its business in The Commonwealth of Massachusetts; c. All requisite organizational corporate proceedings have been taken to authorize it to enter into and perform this Agreement; d. No legal or administrative proceedings have been instituted or threatened which would impair the Administrator’s ability to perform its duties and obligations under this Agreement; and; e. Its entrance into this Agreement shall not cause a material breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable to it. The Administrator further represents ; and f. It maintains mutual fund industry standard back-up systems and warrants other procedures that it will promptly notify are reasonably designed to prevent disruption or delay in the Fund if any of the above ceases to be true or if it is unable to perform any performance of its obligations or duties under this Agreement for any reasonAgreement.

Appears in 2 contracts

Samples: Administration Agreement (H&q Healthcare Investors), Administration Agreement (H&q Life Sciences Investors)

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