Transactions Among Sub Clause Samples
The "Transactions Among Sub" clause governs the rules and procedures for transactions conducted between subsidiary entities within a corporate group. Typically, this clause outlines the requirements for approval, documentation, and reporting of such intercompany transactions, ensuring they are conducted at arm's length and in accordance with applicable laws and internal policies. By establishing clear guidelines, the clause helps prevent conflicts of interest, ensures regulatory compliance, and maintains transparency in financial dealings among subsidiaries.
Transactions Among Sub. Advisors of the Fund. In any case in which there are two or more sub-advisors responsible for providing investment advice to the Fund, the Sub-Advisor may enter into a transaction on behalf of the Fund with another sub-advisor of the Fund (or an affiliated person of such sub-advisor) in reliance on Rule 10f-3, Rule 17a-10 or Rule 12d3-1 under the Investment Company Act, only if (i) the Sub-Advisor, under the terms of this Agreement, is responsible for providing investment advice with respect to its Allocated Portion, and (ii) the other sub-advisor is responsible for providing investment advice with respect to a separate portion of the portfolio of the Fund.