Common use of Certain Representations and Warranties of the Sub-Adviser Clause in Contracts

Certain Representations and Warranties of the Sub-Adviser. (a) The Sub-Adviser represents and warrants that it is a duly registered investment adviser under the Advisers Act, is a duly registered investment adviser in any and all states of the United States in which the Sub-Adviser is required to be so registered and has obtained all necessary licenses and approvals in order to perform the services provided in this Agreement. The Sub-Adviser further represents and warrants that it is duly licensed as a Renminbi Qualified Foreign Institutional Investor (“RQFII”), has all necessary permits to engage in securities investment-related activities in Hong Kong and the People’s Republic of China (“PRC”), and is in good standing with the China Securities Regulatory Commission (“CSRC”), China’s State Administration of Foreign Exchange (“SAFE”), and the People’s Bank of China (“PBOC”). The Sub-Adviser covenants to maintain all necessary registrations, licenses and approvals in effect during the term of this Agreement.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (DBX ETF Trust), Investment Sub Advisory Agreement (DBX ETF Trust), Investment Sub Advisory Agreement (DBX ETF Trust)

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Certain Representations and Warranties of the Sub-Adviser. (a) The Sub-Adviser represents and warrants that it is a duly registered investment adviser under the Advisers Act, is a duly registered investment adviser in any and all states of the United States in which the Sub-Adviser is required to be so registered and has obtained all necessary licenses and approvals in order to perform the services provided in this Agreement. The Sub-Adviser further represents and warrants that it is duly licensed as a Renminbi Qualified Foreign Institutional Investor ("RQFII"), has all necessary permits to engage in securities investment-related activities in Hong Kong and the People’s Republic of China ("PRC"), and is in good standing with the China Securities Regulatory Commission ("CSRC"), China’s State Administration of Foreign Exchange ("SAFE"), and the People’s Bank of China ("PBOC"). The Sub-Adviser covenants to maintain all necessary registrations, licenses and approvals in effect during the term of this Agreement.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (DBX ETF Trust)

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