Approval of Investment Management Agreement Clause Samples
The Approval of Investment Management Agreement clause establishes that the parties must formally agree to the terms of the investment management agreement before it becomes effective. Typically, this involves obtaining written consent or a resolution from the relevant parties, such as a board of directors or investors, confirming their acceptance of the agreement's terms. This clause ensures that all stakeholders are aware of and have explicitly approved the management arrangement, thereby preventing unauthorized or disputed investment management relationships.
Approval of Investment Management Agreement. The Fund’s Board of Trustees and the Fund’s sole shareholder have approved the Investment Management Agreement in accordance with Section 15 of the 1940 Act.
Approval of Investment Management Agreement. Sub-Advisory Agreement and Sub-Sub-Advisory Agreement. The Fund's Board of Trustees and the Fund's sole shareholder have approved the Investment Management Agreement, the Sub-Advisory Agreement and the Sub-Sub-Advisory Agreement in accordance with Section 15 of the 1940 Act.