Supervision; Adviser Retains Certain Authority. In furnishing the services hereunder, the Sub-Adviser will be subject to the supervision of the Adviser and the Board. Subject to notice to the Sub-Adviser, the Adviser retains complete authority to immediately assume direct responsibility for any function delegated to the Sub-Adviser under this Agreement.
Supervision; Adviser Retains Certain Authority. In furnishing the services hereunder, the Sub-Adviser will be subject to the supervision of the Adviser and the Board. Subject to approval of the Board and advance written notice that is reasonable under the circumstances to the Sub-Adviser, the Adviser retains complete authority to assume direct responsibility for any function delegated to the Sub-Adviser under this Agreement; provided, however, that (i) the treatment of the Sub-Adviser’s Portfolio Information shall only be available to Cleared Personnel (as defined below) and shall in any event be treated in accordance with Section 15 hereof and (ii) the Adviser shall not assume direct investment responsibility for the securities invested by the Sub-Adviser for the Allocated Portion during the term of this Agreement.
Supervision; Adviser Retains Certain Authority. In furnishing the services under this Agreement, the Co-Adviser will be subject to the supervision of the Adviser and the Board. Subject to written notice to the Co-Adviser, the Adviser retains complete authority to immediately assume direct responsibility for any function delegated to the Co-Adviser under this Agreement.
Supervision; Adviser Retains Certain Authority. In furnishing the services hereunder, the Sub-Adviser will be subject to the supervision of the Adviser and the Board. Upon three (3) business days’ prior written notice to the Sub-Adviser, the Adviser may assume direct responsibility for any function delegated to the Sub-Adviser under this Agreement. In the event the Advisor assumes such function, the Sub-Advisor shall have no further obligation or responsibility with respect to such function, provided that the Sub-Adviser shall be entitled to compensation until termination of this Agreement pursuant to Section 14.
Supervision; Adviser Retains Certain Authority. In furnishing the services hereunder, the Sub-Adviser will be subject to the supervision of the Adviser and the Board. Subject to notice to the Sub-Adviser, the Adviser retains complete authority, to the extent prudent to comply with applicable law or a request by any regulator or self-regulatory authority, or where the continued appointment of the Sub-Adviser would have a material adverse effect on the Fund or the Adviser, to immediately assume direct responsibility for any function delegated to the Sub-Adviser under this Agreement; provided that the Adviser may only immediately assume direct responsibility after providing reasonable advance notice to the Sub-Adviser. The Adviser endeavors to provide the Sub-Adviser with four Business Days’ notice prior to effecting the foregoing assumption of the Sub-Adviser’s responsibilities
