Common use of ROUTINE COMPLIANCE Clause in Contracts

ROUTINE COMPLIANCE. Xxxxxx will provide assistance to the Fund and its investment adviser with respect to compliance with federal tax and securities laws. Responsibility for such compliance services is subject to the development of a more precise allocation of duties and responsibilities between X.X. Xxxxxx, the adviser and other relevant service providers. In addition, X.X. Xxxxxx'x provision of compliance services is designed to assist the Fund and its adviser but is not intended as an assumption by X.X. Xxxxxx of the adviser's fiduciary duties and legal responsibilities to the Fund.

ROUTINE COMPLIANCE. X. Xxxxxx will provide assistance to the Fund and its investment adviser Adviser with respect to compliance with federal tax and securities laws. Responsibility for such compliance services is are subject to the development of a more precise allocation of duties and responsibilities between X.X. Xxxxxx, the adviser Adviser and other relevant service providers. In addition, X.X. Xxxxxx'x provision of compliance services is designed to assist the Fund and its adviser Adviser but is not intended as an assumption by X.X. Xxxxxx of the adviserAdviser's fiduciary duties and legal responsibilities to the Fund.

ROUTINE COMPLIANCE. X. Xxxxxx will provide assistance to the Fund and its investment adviser with respect to compliance with federal tax and securities laws. Responsibility for such compliance services is are subject to the development of a more precise allocation of duties and responsibilities between X.X. Xxxxxx, the adviser and other relevant service providers. In addition, X.X. Xxxxxx'x provision of compliance services is designed to assist the Fund and its adviser but is not intended as an assumption by X.X. Xxxxxx of the adviser's fiduciary duties and legal responsibilities to the Fund.