Adviser Responsibilities Sample Clauses
Adviser Responsibilities. (a) Adviser has provided to Sub-adviser the information and documents listed on the attached Exhibit C. Throughout the term of this Agreement, Adviser shall continue to provide such information and documents to Sub-adviser, including any amendments, updates or supplements to such information or documents, promptly after the amendments, updates or supplements become effective, however, Sub-adviser shall bear no responsibility for compliance for such amendments, updates or supplements until received in writing from Adviser. Adviser shall timely furnish Sub-adviser with such additional information as may be reasonably necessary for or requested by Sub-adviser to perform its responsibilities pursuant to this Agreement.
(b) As permitted under the Shareholder Communications Act of 1985, as amended, Adviser has elected Objecting Beneficial Owner status (restricting custodian from disclosing Portfolio holdings to third parties) with respect to its relationship with the custodian identified pursuant to Exhibit C. Throughout the term of this Agreement, the Adviser shall maintain Objecting Beneficial Owner status and, upon written request of Sub-adviser, shall provide written confirmation of such status.
Adviser Responsibilities. Notwithstanding the foregoing, the Custodian acknowledges that the investment adviser to a Fund may be contractually responsible under the terms of the investment advisory agreement related to the Fund for the payment of certain of the Fund’s expenses, including the compensation payable to the Custodian under this Agreement. To the extent the investment adviser to a Fund is contractually responsible under the terms of the investment advisory agreement related to the Fund for paying the fees and expenses to be incurred by the Trust, on behalf of the Fund, under this Agreement, the Custodian agrees that the investment adviser, as opposed to the Trust or the Fund, is responsible for the compensation payable to the Custodian under this Agreement and will not pursue the Trust for any amounts owed to the Custodian under this Agreement.
Adviser Responsibilities