Common use of Material Agreements Clause in Contracts

Material Agreements. This Agreement and the Fund Agreements have each been duly authorized by all requisite action on the part of the Fund, executed and delivered by the Fund, as of the dates noted therein, and each complies with all applicable provisions of the 1940 Act, the 1933 Act, the Rules and Regulations, the Advisers Act and the Advisers Act Rules and Regulations and the Investment Management Agreement has been approved in accordance with Section 15 of the 1940 Act. Assuming due authorization, execution and delivery by the other parties thereto, each such Agreement constitutes a valid and binding agreement of the Fund, enforceable in accordance with its terms, except as affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws, whether statutory or decisional, relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing and except as rights to indemnification or contribution thereunder may be limited by federal or state securities laws or principles of public policy.

Material Agreements. This Agreement, the Advisory Agreement, the Custody Agreement and the Fund Agreements Auction Agent Agreement have each been duly authorized by all requisite action on the part of the Fund, Fund and executed and delivered by the Fund, as of the dates noted therein, and each complies with all applicable provisions of the 1940 Act, the 1933 Act, the Rules and Regulations, the Advisers Investment Company Act and the Advisers Act Rules and Regulations and the Investment Management Agreement has been approved in accordance with Section 15 of the 1940 Actall material respects. Assuming due authorization, execution and delivery by the other parties theretothereto with respect to the Advisory Agreement, the Custody Agreement and the Auction Agent Agreement, each such of the Advisory Agreement, the Custody Agreement and the Auction Agent Agreement constitutes a valid and binding agreement of the Fund, enforceable in accordance with its terms, except as affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws, whether statutory or decisional, laws relating to or affecting creditors’ ' rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing and except as rights to indemnification or contribution thereunder may be limited by federal or state securities laws or principles of public policylaws.

Material Agreements. This Agreement, the Advisory Agreement, the Custody Agreement and the Fund Agreements Transfer Agency Agreement have each been duly authorized by all requisite action on the part of the Fund, Fund and executed and delivered by the Fund, as of the dates noted therein, and each complies with all applicable provisions of the 1940 Act, the 1933 Act, the Rules and Regulations, the Advisers Investment Company Act and the Advisers Act Rules and Regulations and the Investment Management Agreement has been approved in accordance with Section 15 of the 1940 Actall material respects. Assuming due authorization, execution and delivery by the other parties theretothereto with respect to the Advisory Agreement, the Custody Agreement and the Transfer Agency Agreement, each such of the Advisory Agreement, the Custody Agreement and the Transfer Agency Agreement constitutes a valid and binding agreement of the Fund, enforceable in accordance with its terms, except as affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws, whether statutory or decisional, laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing and except as rights to indemnification or contribution thereunder may be limited by federal or state securities laws or principles of public policylaws.

Material Agreements. This Agreement, the Advisory Agreement, the Custody Agreement and the Fund Agreements Transfer Agency and Service Agreement have each been duly authorized by all requisite action on the part of the Fund, Fund and executed and delivered by the Fund, as of the dates noted therein, and each complies with all applicable provisions of the 1940 Act, the 1933 Act, the Rules and Regulations, the Advisers Investment Company Act and the Advisers Act Rules and Regulations and the Investment Management Agreement has been approved in accordance with Section 15 of the 1940 Actall material respects. Assuming due authorization, execution and delivery by the other parties theretothereto with respect to the Advisory Agreement, the Custody Agreement and the Transfer Agency and Service Agreement, each such of the Advisory Agreement, the Custody Agreement and the Transfer Agency and Service Agreement constitutes a valid and binding agreement of the Fund, enforceable in accordance with its terms, except as affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws, whether statutory or decisional, laws relating to or affecting creditors’ ' rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing and except as rights to indemnification or contribution thereunder may be limited by federal or state securities laws or principles of public policylaws.

Material Agreements. This Agreement, the Investment Management Agreement, the Subadvisory Agreement, the Custodian Agreement, the Transfer Agency Agreement and the Fund Agreements Subscription Agreement have each been duly authorized by all requisite action on the part of the Fund, executed and delivered by the Fund, as appropriate, as of the dates noted therein, therein and each of this Agreement, the Investment Management Agreement, the Subadvisory Agreement and the Custodian Agreement complies with all applicable provisions of the 1940 Act, the 1933 Act, the Rules and Regulations, the Advisers Act and the Advisers Act Rules and Regulations and the Investment Management Agreement has been approved in accordance with Section 15 of the 1940 Actall material respects. Assuming due authorization, execution and delivery by the other parties thereto, each such Agreement constitutes a valid and binding agreement of the Fund, enforceable in accordance with its terms, except as affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws, whether statutory or decisional, laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing and except as rights to indemnification or contribution thereunder may be limited by federal or state securities laws or principles of public policylaws.