Common use of Termination of Status of the Manager Clause in Contracts

Termination of Status of the Manager. The status of the Manager shall terminate if the Investment Management Agreement with the Manager terminates and the Master Fund does not enter into a new Investment Management Agreement with the Manager pursuant to the Advisers Act and 1940 Act.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (City National Rochdale High Yield Alternative Strategies Master Fund LLC), Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Fund TEI LLC), Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Fund LLC)

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Termination of Status of the Manager. The status of the Manager shall terminate if the Investment Management Agreement with the Manager terminates and the Master Fund does not enter into a new Investment Management Agreement with the Manager pursuant to the Advisers Act ADVISERS ACT and 1940 Act.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Master Fund LLC)

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