Examples of Portfolio Advisory Agreement in a sentence
The Adviser shall continue to have responsibility for all services to be provided to the Portfolio pursuant to the Portfolio Advisory Agreement and shall oversee and review the Sub-Adviser’s performance of its duties under this Agreement; provided, however, that in connection with its management of the assets, nothing herein shall be construed to relieve the Sub-Adviser of responsibility for compliance with Subsection 1(b) of this Agreement.
With the exception of meetings at which an Investment Management Agreement, Portfolio Advisory Agreement or any Distribution Plan adopted pursuant to Rule 12b-1 is approved by the Board, any meeting, regular or special, may be held by conference telephone or similar communication equipment, so long as all Trustees participating in the meeting can hear one another and all such Trustees shall be deemed to be present in person at the meeting.
With the exception of the approval of an Investment Management Agreement or Portfolio Advisory Agreement, any action required or permitted to be taken by the Board may be taken without a meeting if a majority of the members of the Board shall individually or collectively consent in writing to that action.
Further details in respect of the Portfolio Advisory Agreement are set out in the section titled "Summary of the Material Documents".
In accordance with the Portfolio Advisory Agreement, the Portfolio Adviser (and any Sub-Portfolio Adviser) is responsible for providing certain advice and assistance to NP ELM.