Examples of NB LLC in a sentence
NB LLC may be deemed to beneficially own the ordinary shares directly held by the Funds and NB Inc.
NB Management desires to effect a novation of the Distribution Agreements so that NB LLC is substituted for NB Management as a party to such agreement and NB Management is released from its obligations under the Distribution Agreements, NB LLC desires to accept the novation thereof: and the Trust, on behalf of each Series, desires to consent to such novation.
The parties agree that all references in the Distribution Agreements to NB Management shalt hereby be changed to NB LLC.
NBMI and the Trust hereby consent to this assumption by N&B LLC of the interest, rights and responsibilities of N&B L.P. under the Sub-Advisory Agreement and agree, subject to the terms and conditions of said Agreement, to look solely to N&B LLC for the performance of the Sub-Adviser's duties and obligations under said Agreement after the effective date described above.
Effective as of the date first written above, N&B LLC hereby assumes all of the interest, rights and responsibilities of N&B L.P. under the Sub-Advisory Agreement.
The 3,980,325 shares reported as beneficially owned by NB LLC include 1,180,332 ordinary shares, 1,799,995 Series A Preferred Shares, and 999,999 warrants to purchase ordinary shares which are exercisable within 60 days.
Neuberger Berman, Inc., a Delaware corporation (“NB Inc.”), serves as the sole owner and managing member of NB LLC.
Access Persons and employees of NB Management or NB, LLC or LBAM, LLC are prohibited from revealing information relating to current or anticipated investment intentions, portfolio transactions or activities of Funds except to persons whose responsibilities require knowledge of the information.
Nothing in this Substitution Agreement shall make N&B LLC responsible for any claim or demand arising under the Sub-Advisory Agreement from services rendered prior to the effective date of this Substitution Agreement unless otherwise agreed by N&B LLC; and nothing in this Substitution Agreement shall make N&B L.P. responsible for any claim or demand arising under the Sub-Advisory Agreement from services rendered after the effective date of this Substitution Agreement unless otherwise agreed by N&B L.P.
N&B LLC hereby assumes and agrees to perform all of N&B L.P.'s duties and obligations under the Sub-Advisory Agreement and be subject to all of the terms and conditions of said Agreement as if they applied to N&B LLC.