Common use of Advertising Material Clause in Contracts

Advertising Material. The Fund will not approve or authorize the use or distribution, in connection with the offering of its shares for sale, of any literature or advertisements in any form or through any medium, written or oral, unless not less than ten (10) days prior to the giving of such approval or authorization by the Fund, the Fund shall have submitted such literature or advertising to the Investment Adviser and the Investment Adviser, within ten (10) days, shall either have specifically approved or shall have failed to disapprove such literature or advertising.