Common use of UNDERTAKINGS OF PORTFOLIO MANAGEMENT AGENT Clause in Contracts

UNDERTAKINGS OF PORTFOLIO MANAGEMENT AGENT. The Portfolio Management Agent will: (a) Furnish to the Subadviser promptly a copy of the Trust's Declaration of Trust and By-Laws, each amendment to the registration statement of the Trust under the 1940 Act and the 1933 Act, of each Prospectus and Statement of Additional Information relating to the Fund and any supplement thereto, all governing documents of the Fund and all Board-adopted procedures of the Fund; (b) Inform the principal custodian of the Fund (the "Custodian") (currently PNC Bank, N.A.) of the appointment of the Subadviser as investment subadviser in the provision of custodial services to the Fund; (c) Instruct the Custodian to cooperate with the Subadviser in the provision of custodial services to the Fund; and (d) Provide the Subadviser with all information that the Subadviser may reasonably require insofar as it relates to the custodial arrangements in connection with this Agreement.