NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 100 contracts
Samples: Investment Advisory Agreement (Hotchkis & Wiley Funds /De/), Investment Advisory Agreement (Hotchkis & Wiley Funds /De/), Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 74 contracts
Samples: Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Azzad Funds), Investment Advisory Agreement (Azzad Funds)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 54 contracts
Samples: Interim Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Advisors Series Trust), Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the any Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the any Fund or pledge or use the any Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the any Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 37 contracts
Samples: Investment Advisory Agreement (Advisor Managed Portfolios), Investment Advisory Agreement (Advisor Managed Portfolios), Investment Advisory Agreement (Advisor Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company 1940 Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 24 contracts
Samples: Managed Portfolio Series (Managed Portfolio Series), Managed Portfolio Series (Managed Portfolio Series), Managed Portfolio Series (Managed Portfolio Series)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days days’ shall constitute a borrowing.
Appears in 13 contracts
Samples: Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Trust for Professional Managers)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 10 contracts
Samples: Investment Advisory Agreement (Rochdale Investment Trust), Investment Advisory Agreement (Masters Concentrated Select Trust), Investment Advisory Agreement (U S Global Leaders Variable Insurance Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 9 contracts
Samples: Investment Advisory Agreement (FundX Investment Trust), Investment Advisory Agreement (FundX Investment Trust), Investment Advisory Agreement (FundX Investment Trust)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the any Fund or pledge or use the any Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the any Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 7 contracts
Samples: Investment Advisory Agreement (Advisor Managed Portfolios), Investment Advisory Agreement (Advisor Managed Portfolios), Investment Advisory Agreement (Advisor Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days days’ shall constitute a borrowing.
Appears in 7 contracts
Samples: Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Trust for Professional Managers)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the any Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Angel Oak Funds Trust), Investment Advisory Agreement (Angel Oak Funds Trust), Investment Advisory Agreement (Angel Oak Funds Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds' assets in connection with any borrowing not directly for the Fund’s Funds' benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Advisors Series Trust), Advisors Series Trust (Advisors Series Trust), Advisors Series Trust (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s such Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 4 contracts
Samples: Investment Advisory Agreement (City National Rochdale High Yield Alternative Strategies Fund TEI LLC), Investment Advisory Agreement (City National Rochdale High Yield Alternative Strategies Master Fund LLC), Investment Advisory Agreement (City National Rochdale High Yield Alternative Strategies Fund LLC)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) 30 days shall constitute a borrowing.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Professionally Managed Portfolios), Interim Investment Advisory Agreement (Professionally Managed Portfolios), Interim Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s assets in connection with any borrowing not directly for the a Fund’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 3 contracts
Samples: Final Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds' assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the any Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the any Fund or pledge or use the any Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the any Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Satuit Capital Management Trust), Investment Advisory Agreement (Satuit Capital Management Trust), Investment Advisory Agreement (North Country Funds)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, ; at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Advisors Series Trust), Investment Advisory Agreement (Advisors Series Trust), Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days days’ shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Trust for Professional Managers), Investment Advisory Agreement (Trust for Professional Managers)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Advisors Series Trust), Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the such Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Rochdale High Yield Advances Fund LLC), Rochdale Structured Claims Income Fund (Rochdale Structured Claims Fixed Income Fund LLC)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company 1940 Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Matrix Advisors Funds Trust), Investment Advisory Agreement (Loeb King Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Rochdale International Trade Fixed Income Fund), Investment Advisory Agreement (Rochdale International Trade Fixed Income Fund)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the such Fund’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Rochdale Investment Trust), Investment Advisory Agreement (Rochdale Investment Trust)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the any Fund or pledge or use the any Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the any Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Trust for Advised Portfolios), Investment Advisory Agreement (Trust for Advised Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Rochdale Investment Trust (Rochdale Investment Trust), Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s assets in connection with any borrowing not directly for the such Fund’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Professionally Managed Portfolios), Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Rochdale Alternative Total Return Fund LLC), Investment Advisory Agreement (South Point Floating Rate Income Fund)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds' assets in connection with any borrowing not directly for the Fund’s Funds' benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Professionally Managed Portfolios
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the such Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Structured Claims Fixed Income Fund (City National Rochdale Structured Claims Fixed Income Fund LLC)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, ; at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, . profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or sor pledge or use the Fund’s Funds’ assets in connection with any borrowing not directly for the Fund’s Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the FundFunds. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s 's assets in connection with any borrowing not directly for the a Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
Appears in 1 contract
Samples: Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, thereof at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
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Samples: Investment Advisory Agreement (Professionally Managed Portfolios)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers officer or employees shall borrow from the a Fund or pledge or use the secure a Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the a Fund for the a period of more than thirty (30) days shall constitute a borrowing.
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Samples: Investment Advisory Agreement (Trust for Investment Managers)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-profit- sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
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NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of 5 its officers or employees shall borrow from the Fund or pledge or use the Fund’s 's assets in connection with any borrowing not directly for the Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.
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Samples: Investment Advisory Agreement (Kinetics Mutual Funds Inc)
NO SHORTING; NO BORROWING. The Advisor Adviser agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor Adviser or any trust, pension, profit-profit sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
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Samples: Investment Advisory Agreement (Advisors Series Trust)
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the each Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the each Fund or pledge or use the each Fund’s 's assets in connection with any borrowing not directly for the each Fund’s 's benefit. For this purpose, failure to pay any amount due and payable to the each Fund for a period of more than thirty (30) days shall constitute a borrowing.
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Samples: Professionally Managed Portfolios
NO SHORTING; NO BORROWING. The Advisor agrees that neither it nor any of its officers or employees shall take any short position in the shares of the a Fund. This prohibition shall not prevent the purchase of such shares by any of the officers or employees of the Advisor or any trust, pension, profit-profit- sharing or other benefit plan for such persons or affiliates thereof, at a price not less than the net asset value thereof at the time of purchase, as allowed pursuant to rules promulgated under the Investment Company Act. The Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund’s assets in connection with any borrowing not directly for the Fund’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.
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