AMENDMENT NO. 4 TO AMENDED AND RESTATED FUND ACCOUNTING AND FINANCIAL ADMINISTRATION SERVICES AGREEMENT
EX-99.h.2.iv
AMENDMENT
NO. 4
TO
AMENDED AND RESTATED FUND
ACCOUNTING AND FINANCIAL
ADMINISTRATION SERVICES AGREEMENT
THIS AMENDMENT (“Amendment”) is made as of January 31, 2022 (the “Effective Date”) to that certain Amended and Restated Fund Accounting and Financial Administration Services Agreement dated as of January 1, 2014 (as amended, restated, supplemented or otherwise modified) by and between each investment company listed on Schedule A attached thereto (each an “Existing Fund” and collectively, the “Existing Funds”) and The Bank of New York Mellon (referred to herein as “BNYM”).
BACKGROUND:
| A. | The Existing Funds and BNYM are parties to an Amended and Restated Fund Accounting and Financial Administration Services Agreement dated as of January 1, 2014 (the “Agreement”), as amended by Amendment No. 1 dated July 1, 2017, Amendment No. 2 dated October 11, 2021 and Amendment No. 3 dated December 31, 2021, relating to BNYM’s provision of fund accounting, financial administration and related services described in the Agreement. |
| B. | Each New Fund (defined below, and collectively with the Existing Funds, the “Funds”) is not a registered investment company and desires to retain BNYM to perform the services described in the Agreement as amended hereby. |
| C. | The parties desire to amend the Agreement as set forth herein. |
| D. | This Background section is incorporated by reference into and made part of this Amendment. |
TERMS:
In consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each party, and intending to be legally bound, the parties agree as follows:
1. The Agreement is hereby amended as of the Effective Date by adding each of the following Funds (each a “New Fund”) to Schedule A of the Agreement:
Ivy ASF II, Ltd.
Ivy VIP ASF II, Ltd.
Ivy ASF III, LLC
Ivy VIP ASF III (SBP), LLC
Ivy WGA III (SBP), LLC
Ivy EME, Ltd.
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2. The Agreement is hereby amended as of the Effective Date by inserting the following sections at the end of the Agreement:
“26. Adding Additional Funds to the Agreement. One or more additional investment funds or vehicles which are advised by a Fund’s investment adviser but which are organized as separate legal entities from the Funds may be added as a party to the Agreement from time to time (“Additional Funds”) through the execution of an amendment to the Agreement including, without limitation, an instrument of accession among each Fund party to the Agreement, such Additional Fund and BNYM whereby each such Additional Fund(s) and BNYM will agree to be bound by the terms of this Agreement. The addition of Additional Fund(s) to the Agreement will not affect the rights or obligations of the Funds under the terms of the Agreement. The obligations of the Funds and any Additional Fund(s) to BNYM under the Agreement shall be several and not joint or joint and several.
“27. Applicability of Agreement to Non-Registered Investment Companies. Except as noted in the next sentence, the terms and provisions of this Agreement shall be construed to apply to any investment fund or investment vehicle which is not organized as a registered investment company (“non-RIC”) and which is added as a party to the Agreement as an Additional Fund and its shares. If a term or provision is inapplicable to a non-RIC or its shares because it (i) applies to a regulatory provision not applicable to non-RICs (e.g., the 1940 Act), (ii) applies to a structural feature either not present in a non-RIC or not applicable to a non-RIC’ s shares, or (iii) is unambiguously not applicable to a non-RIC based on its context, then such term or provision shall not apply to such non-RIC or its shares. Subject to this Section 27, the term “Fund” as used throughout this Agreement shall be construed to include any non-RIC that is an Additional Fund, as applicable.”
3. Miscellaneous.
(a) Capitalized terms used in this Amendment not otherwise defined herein shall have the meanings set forth in the Agreement.
(b) As hereby amended and supplemented, the Agreement shall remain in full force and effect. In the event of a conflict between the terms of this Amendment and the terms of the Agreement, the terms of this Amendment shall control with respect to the matters described herein.
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(c) The parties expressly agree that this Amendment may be executed in one or more counterparts and expressly agree that such execution may occur by manual signature on a physically delivered copy of this Amendment, by a manual signature on a copy of this Amendment transmitted by facsimile transmission, by a manual signature on a copy of this Amendment transmitted as an imaged document attached to an email, or by “Electronic Signature”, which is hereby defined to mean inserting an image, representation or symbol of a signature into an electronic copy of this Amendment by electronic, digital or other technological methods. Each counterpart executed in accordance with the foregoing shall be deemed an original, with all such counterparts together constituting one and the same instrument. The exchange of executed counterparts of this Amendment or of executed signature pages to counterparts of this Amendment, in either case by facsimile transmission or as an imaged document attached to an email transmission, shall constitute effective execution and delivery of this Amendment and may be used for all purposes in lieu of a manually executed and physically delivered copy of this Amendment.
(d) If any provision or provisions of this Amendment shall be held to be invalid, unlawful or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired.
[Remainder
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[Signature pages follow]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers designated below on the date and year first above written. An authorized representative, if executing this Amendment by Electronic Signature, affirms authorization to execute this Amendment by Electronic Signature and that the Electronic Signature represents an intent to enter into this Amendment and an agreement with its terms.
THE BANK OF NEW YORK MELLON
| By: | /s/ Xxxxx Xxxxx |
| Name: | Xxxxxxxxxxx Xxxxx |
| Title: | Managing Director |
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IVY ASF II, LTD. By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy ASF II, Ltd. has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President IVY VIP ASF II, LTD. By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy VIP ASF II, Ltd. has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President |
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XXX ASF III (SBP), LLC By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy ASF III (SBP), LLC has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President IVY VIP ASF III (SBP), LLC By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy VIP ASF III (SBP), LLC has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President |
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IVY WGA III (SBP), LLC By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy WGA III (SBP), LLC has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President IVY EME, LTD. By: Macquarie Alternative Strategies, a series of Macquarie Investment Management Business Trust, solely in its capacity as investment adviser By signing below Macquarie Alternative Strategies in its individual capacity covenants to BNYM that Ivy EME, Ltd. has the power to authorize and direct, and has duly authorized and directed, Macquarie Alternative Strategies to bind it to the terms of this Amendment By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X Xxxxxxx Title: Senior Vice President DELAWARE GROUP ADVISER FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement |
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DELAWARE GROUP CASH RESERVE, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP EQUITY FUNDS I, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP EQUITY FUNDS II, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP EQUITY FUNDS IV, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP EQUITY FUNDS V, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP FOUNDATION FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP INCOME FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP STATE TAX-FREE INCOME TRUST, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP TAX-FREE FUND, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement |
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VOYAGEUR INSURED FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement VOYAGEUR INTERMEDIATE TAX FREE FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement VOYAGEUR MUTUAL FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement VOYAGEUR MUTUAL FUNDS II, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP GOVERNMENT FUND, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE GROUP LIMITED-TERM GOVERNMENT FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE POOLED TRUST, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement VOYAGEUR MUTUAL FUNDS III, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement VOYAGEUR TAX FREE FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE VIP TRUST, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement |
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IVY FUNDS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement IVY VARIABLE INSURANCE PORTFOLIOS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement INVESTED PORTFOLIOS, on behalf of its Portfolios identified on Schedule A to Amendment No. 3 to the Agreement DELAWARE INVESTMENTS COLORADO MUNICIPAL INCOME FUND, INC. DELAWARE INVESTMENTS NATIONAL MUNICIPAL INCOME FUND DELAWARE INVESTMENTS MINNESOTA MUNICIPAL INCOME FUND II, INC. DELAWARE INVESTMENTS DIVIDEND AND INCOME FUND, INC. DELAWARE IVY HIGH INCOME OPPORTUNITIES FUND DELAWARE ENHANCED GLOBAL DIVIDEND AND INCOME FUND |
| By: | /s/ Xxxxxx X. Xxxxxxx |
| Name: | Xxxxxx X Xxxxxxx |
| Title: | Senior Vice President |
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