Subadvisers. Subject to the prior approval of a majority of the members of the Board of Directors, including a majority of the Board of Directors who are not “interested persons” and, to the extent required by applicable law, by the stockholders of the Company, the Adviser may, through a subadvisory agreement or other arrangement, delegate to a subadviser any of the duties enumerated in this Agreement, including the management of all or a portion of the assets being managed hereby. Subject to the prior approval of a majority of the members of the Board of Directors, including a majority of the members of the Board of Directors who are not “interested persons” and, to the extent required by applicable law, by the stockholders of the Company, the Adviser may adjust such duties, the portion of assets being managed, and the fees to be paid by the Adviser; provided that, in each case, the Adviser shall continue to oversee the services provided by such company or employees and any such delegation shall not relieve the Adviser of any of its obligations hereunder.
Appears in 11 contracts
Samples: Investment Advisory Agreement (Pearl Diver Credit Co Inc.), Investment Advisory Agreement (Sound Point Meridian Capital, Inc.), Investment Advisory Agreement (Sound Point Meridian Capital, Inc.)
Subadvisers. Subject to the prior approval of a majority of the members of the Board of DirectorsTrustees, including a majority of the Board of Directors Trustees who are not “interested persons” and, to the extent required by applicable law, by the stockholders shareholders of the CompanyFund, the Adviser may, through a subadvisory agreement or other arrangement, delegate to a subadviser any of the duties enumerated in this Agreement, including the management of all or a portion of the assets being managed hereby. Subject to the prior approval of a majority of the members of the Board of DirectorsTrustees, including a majority of the members of the Board of Directors Trustees who are not “interested persons” and, to the extent required by applicable law, by the stockholders shareholders of the CompanyFund, the Adviser may adjust such duties, the portion of assets being managed, and the fees to be paid by the Adviser; provided that, in each case, the Adviser shall continue to oversee the services provided by such company or employees and any such delegation shall not relieve the Adviser of any of its obligations hereunder.
Appears in 5 contracts
Samples: Investment Advisory Agreement (CAZ Strategic Opportunities Fund), Investment Advisory Agreement (Eagle Point Enhanced Income Trust), Investment Advisory Agreement (CAZ Strategic Opportunities Fund)
