Examples of Portfolio Advisory Agreement in a sentence
Further details in respect of the Portfolio Advisory Agreement are set out in the section titled "Summary of the Material Documents".
The Portfolio Adviser is entitled to resign its role under the Portfolio Advisory Agreement upon 90 days' written notice to NP ELM.
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.
Whether assets are held directly by NP ELM or via CLO Investments, it is NP ELM’s intention that, in each case, the portfolios will be actively managed (by NP ELM or the relevant Collateral Manager, as the case may be) to minimise default risk and potential loss through comprehensive credit analysis performed by NP ELM (including via the advice provided to it under the Portfolio Advisory Agreement) or the relevant Collateral Manager (as applicable).
Under the Portfolio Advisory Agreement, NP ELM (except in certain limited circumstances) has no recourse to the Portfolio Adviser and such liabilities would be for the account of NP ELM.