Responsibilities of Adviser. Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement:
Responsibilities of Adviser. In carrying out its obligations under this Agreement, the Adviser agrees that it will:
Responsibilities of Adviser. Without limiting the generality of the foregoing, Flat Rock Global shall, during the term and subject to the provisions of this Agreement:
Responsibilities of Adviser. If, and only if, Client provides to Management a completed financial planning questionnaire in the form then approved by Management and Management acknowledges receipt of such questionnaire by providing written financial planning documents to Client, then Management will provide to Client the financial planning consulting services agreed to by Client and Management, from time to time, regarding Client’s assets that Client discloses to management on such appropriate questionnaire (the “Client Assets”). For clarity, if Client does not provide such completed questionnaire or Management does not respond to the receipt of such questionnaire by providing financial planning documents to Client, Management shall not have any obligation hereunder to provide any financial planning services. Management provides no services and has no financial planning responsibilities related to any of Client’s assets other than the Client Assets.
Responsibilities of Adviser. Without limiting the generality of the foregoing, the Adviser shall or, as described herein, oversee a Sub-Adviser within its authority as described herein to, during the term and subject to the provisions of this Agreement:
Responsibilities of Adviser. The Adviser will manage the Allocated Assets in accordance with the advisory services it provides through its Institutional Cash Advisory Program. The Fund, in consultation with the Adviser, will set forth –in the Fund’s registration statement and/or in separate written documentation provided to the Adviser – the investment objective and principal investment strategies of the Allocated Assets, including any investment limitations or investment restrictions (the “Investment Strategy”). The Adviser shall convert the Investment Strategy into a rule matrix for internal use by the Adviser. Should any assets held in the Allocated Assets fall outside the Investment Strategy, the Adviser may liquidate such assets in an orderly manner within a commercially reasonable amount of time. The Fund may provide the Adviser with a written waiver of adherence to the Investment Strategy at the discretion of the Board. The Fund will promptly notify the Adviser of any changes to the Investment Strategy and will not make any material changes to the Investment Strategy without prior consultation with the Adviser. Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the Investment Strategy, the other provisions of this Agreement and the supervision of the Board:
Responsibilities of Adviser. The Adviser acknowledges that the Fund will seek to achieve its investment objective(s) (the "Fund Objective(s)") by investing and reinvesting its assets primarily in a portfolio of equity interests issued by limited partnerships, limited liability companies, business trusts and similar business vehicles whose primary business is investing in securities and other financial instruments but that are not currently registered or currently required to register as investment companies under the 1940 Act by virtue of the exclusion from the definition of "investment company" provided by Section 3(c)(1) or Section 3(c)(7) of the 1940 Act ("Portfolio Funds"). From time to time assets may be invested in registered investment companies (limited to money market funds) as allowable under the 1940 Act and provided that appropriate fee adjustments are made as required under the 1940 Act. Accordingly, in providing services to the Fund hereunder, the Adviser shall (subject to any delegation made pursuant to Section 1(b) of this Agreement) perform the following duties ("Portfolio Management Services"), in each case based upon its professional skill, experience and judgment and the Adviser may consult with any of its affiliates in its performance of such Portfolio Management Services:
Responsibilities of Adviser. Without limiting the generality of the foregoing, the Adviser shall, during the term and subject to the provisions of this Agreement: (i) determine the composition and allocation of the portfolio of the Fund, the nature and timing of the changes therein and the manner of implementing such changes; (ii) identify, evaluate and negotiate the structure of the investments made by the Fund; (iii) execute, monitor and service the Fund's investments; (iv) determine the securities and other assets that the Fund shall purchase, retain, or sell; (v) perform due diligence on prospective portfolio companies; and (vi) provide the Fund with such other investment advisory, research and related services as the Fund may, from time to time, reasonably request or require for the investment of its funds. (c)
