Common use of Absence of Violation or Default Clause in Contracts

Absence of Violation or Default. Such Advisor is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such Advisor to perform its obligations under the Investment Management Agreement, the Sub-Advisory Agreement or the Fee Agreements to which it is a party.

Appears in 2 contracts

Samples: Underwriting Agreement (BlackRock ESG Capital Allocation Trust), Underwriting Agreement (Guggenheim Active Allocation Fund)

AutoNDA by SimpleDocs

Absence of Violation or Default. Such Advisor Adviser is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such Advisor Adviser to perform its obligations under either of the Investment Management Advisory Agreement, the Investment Sub-Advisory Agreement or the Fee Agreements to which it is a party.

Appears in 2 contracts

Samples: Underwriting Agreement (Clearbridge American Energy MLP Fund Inc.), Guggenheim Energy & Income Fund

Absence of Violation or Default. Such Advisor Adviser is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect Material Adverse Effect on the ability of such Advisor Adviser to perform its obligations under either of the Investment Management Advisory Agreement, the Investment Sub-Advisory Agreement or Agreement, the Fee Agreements or the Administrative Services Agreement to which it is a party.

Appears in 1 contract

Samples: Underwriting Agreement (Brookfield Global Listed Infrastructure Income Fund Inc.)

Absence of Violation or Default. Such Advisor is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such Advisor to perform its obligations under either of the Investment Management Agreement, the Sub-Advisory Agreement or the Fee Agreements to which it is a party.

Appears in 1 contract

Samples: Underwriting Agreement (BlackRock Multi-Sector Income Trust)

Absence of Violation or Default. Such Advisor Adviser is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such Advisor Adviser to perform its obligations under either of the Investment Management Agreement, Advisory Agreement or the Investment Sub-Advisory Agreement or the Fee Agreements to which it is a party.

Appears in 1 contract

Samples: Purchase Agreement (ING Global Advantage & Premium Opportunity Fund)

AutoNDA by SimpleDocs

Absence of Violation or Default. Such The Advisor is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such the Advisor to perform its obligations under the Investment Management Agreement, the Sub-Advisory Agreement or the Fee Agreements to which it is a partyAgreements.

Appears in 1 contract

Samples: Underwriting Agreement (BlackRock Capital Allocation Trust)

Absence of Violation or Default. Such Advisor Adviser is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect on the ability of such Advisor Adviser to perform its obligations under either of the Investment Management Agreement, the Sub-Advisory Agreement or the Fee Investment Sub-Advisory Agreements to which it is a party.

Appears in 1 contract

Samples: ING International High Dividend Equity Income Fund

Absence of Violation or Default. Such Advisor Adviser is not in violation of its organizational documents or in default under any agreement, indenture or instrument, where such violation or default would reasonably be expected to have a material adverse effect Material Adverse Effect on the ability of such Advisor Adviser to perform its obligations under either of the Investment Management Advisory Agreement, the Investment Sub-Advisory Agreement or the Fee Agreements to which it is a party.

Appears in 1 contract

Samples: Underwriting Agreement (Legg Mason BW Global Income Opportunities Fund Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.