1505 Capital definition
Examples of 1505 Capital in a sentence
Since January 1, 2021, 1505 Capital has not settled any claim or proceeding of the SEC or any other Governmental Entity in connection with any applicable law governing the operation of investment advisers.
Except as set forth in Section 4(u) of the Disclosure Schedule and except for the ALSC common shares and the Class A units of 1505 Capital owned by the Company, neither the Company nor any Subsidiary thereof owns, directly or indirectly, any capital stock or other equity securities of any Person and does not have any direct or indirect equity or ownership interest in any Person.
Since January 1, 2021, 1505 Capital (i) has satisfied its duty of “best execution” (as such term is understood under the Investment Advisers Act) for each Advisory Client for which it exercises trading discretion, and (ii) has not received any “soft dollar” brokerage or research services.
The entire authorized capitalization of each Company Subsidiary (other than ALSC and 1505 Capital) is as set forth in Section 4(c)(iv) of the Disclosure Schedule.
There is no investigation, proceeding or disciplinary action pending or, to the Company’s Knowledge, threatened that would reasonably be expected to result in the occurrence of any of the circumstances set forth in the immediately preceding sentence, 1505 Capital having its authorization to conduct business as an investment adviser denied, suspended, revoked or restricted, or any “associated person” to be disqualified from serving in such capacities.
For the avoidance of doubt, under no circumstances shall the Company nor 1505 Capital be required to make any payment or provide any other benefit to any Advisory Client to obtain such Advisory Client’s consent.
Delaware DE File #: 3462332 ▇▇▇▇ ▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ 1505 Capital LLC Schedule 4 Locations of Collateral Grantor Collateral Location Address Midwest Holding Inc.