Common use of Responsibility of Dual Trustees, Officers and/or Employees Clause in Contracts

Responsibility of Dual Trustees, Officers and/or Employees. If any person who is a member, manager, partner, officer or employee of the Advisor or any of its affiliates is or becomes a trustee, officer and/or employee of the Company and acts as such in any business of the Company, then such member, manager, partner, officer and/or employee of the Advisor or such affiliate shall be deemed to be acting in such capacity solely for the Company, and not as a member, manager, partner, officer or employee of the Advisor or such affiliate or under the control or direction of the Advisor or the such affiliate, even if paid by the Advisor or such affiliate.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Kennedy Lewis Capital Co), Investment Advisory Agreement (Kennedy Lewis Capital Co), Investment Advisory Agreement (Kennedy Lewis Capital Co)

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Responsibility of Dual Trustees, Officers and/or Employees. If any person who is a member, manager, partner, officer or employee of the Advisor Adviser or any of its affiliates is or becomes a trustee, officer and/or employee of the Company Fund and acts as such in any business of the CompanyFund, then such member, manager, partner, officer and/or employee of the Advisor Adviser or such affiliate its affiliates shall be deemed to be acting in such capacity solely for the CompanyFund, and not as a member, manager, partner, officer or employee of the Advisor Adviser or such affiliate its affiliates or under the control or direction of the Advisor or the such affiliateAdviser, even if paid by the Advisor Adviser or such affiliatean affiliate thereof.

Appears in 1 contract

Samples: Investment Advisory Agreement (Accordant ODCE Index Fund)

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Responsibility of Dual Trustees, Officers and/or Employees. If any person who is a member, manager, partner, officer or employee of the Advisor Adviser or any of its affiliates Affiliates is or becomes a trustee, officer and/or employee of the Company Fund and acts as such in any business of the CompanyFund, then such member, manager, partner, officer and/or employee of the Advisor Adviser or such affiliate Affiliate shall be deemed to be acting in such capacity solely for the CompanyFund, and not as a member, manager, partner, officer or employee of the Advisor Adviser or such affiliate Affiliate or under the control or direction of the Advisor Adviser or the such affiliateAffiliate, even if paid by the Advisor Adviser or such affiliateAffiliate.

Appears in 1 contract

Samples: Investment Advisory Agreement (Silver Point Specialty Lending Fund)

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