Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments relating to its duties as subadviser of which the Sub-Adviser has, or should have, knowledge that would materially affect the Fund. The Sub-Adviser will promptly notify the Adviser in writing of the occurrence of any of the following events (i) it is served or otherwise receives notice of, or is threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body, involving the affairs of the Fund and (ii) any change in the partners of the Sub-Adviser or in the actual control or management of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.
Notice of Material Actions / Change in Control. Each party will promptly notify the other party in writing of the occurrence of any of the following events: it is served or otherwise receives notice of any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body, involving the Allocated Portion. The Sub-Adviser will promptly notify the Adviser of any change in the actual control of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments of which the Sub-Adviser has, or should have, knowledge that would materially affect the Fund. The Sub-Adviser will promptly notify the Adviser in writing of the occurrence of any of the following events (i) it is served or otherwise receives notice of, or is threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body, (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially affect the investment management business of the Sub-Adviser and (ii) any change in the partners of the Sub-Adviser or in the actual control or management of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion, including, but not limited to, Xxxxx X. Xxxxxxx.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments of which the Sub-Adviser has knowledge that would materially adversely affect the Fund. The Sub-Adviser will as soon as reasonably practicable notify the Adviser in writing of the occurrence of any of the following events: (i) it is served or otherwise receives written notice of any material action, suit, proceeding or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially adversely affect the investment management business of the Sub-Adviser; and (ii) there is any change in the partners (or equivalent persons) of the Sub-Adviser or in the actual control or management of the Sub-Adviser or in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.
Notice of Material Actions / Change in Control. The Sub-Adviser will promptly notify the Adviser in writing of developments relating to its duties as sub-adviser of which the Sub-Adviser has, or should have, knowledge that would materially affect the Fund, including, but not limited to, any of the following events (i) any change in the executive officers, partners, or key personnel of the Sub-Adviser, including, without limitation, if either Xxxxxx Xxxxxx or Xxxxxx Xxxxx shall cease to be employed by the Sub-Adviser or oversee the implementation by the Sub-Adviser of the Strategy; (ii) any actual or expected change in control or management of the Sub-Adviser; (iii) any change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion; and (iv) the commencement of any proceedings relating to, conviction of, final regulatory determination with respect to, settlement involving, or guilty or “no contest” plea by the Sub-Adviser or any of its executive officers (including, without limitation, Xxxxxx Xxxxxx or Xxxxxx Xxxxx) to a securities-related criminal offense or upon the final determination by a regulatory authority that any of the foregoing persons has committed a material securities-related regulatory violation. The Adviser will promptly notify the Sub-Adviser in writing of developments relating to the Fund of which the Adviser has, or should have, knowledge that would materially affect the Allocated Portion, including, but not limited to, any of the following events (i) any actual or expected change in control of the Adviser; and (ii) the commencement of any proceedings relating to, conviction of, final regulatory determination with respect to, settlement involving, or guilty or “no contest” plea by the Adviser or any of its executive officers to a securities-related criminal offense or upon the determination by a regulatory authority that any of the foregoing persons has committed a material securities-related regulatory violation.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments of which the Sub-Adviser has, or should have, knowledge that would materially affect the Fund. The Sub-Adviser will promptly notify the Adviser in writing of the occurrence of any of the following events: (i) it is served or otherwise receives notice of, or is threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body, (A) involving the affairs of the Fund or (B) that may reasonably be expected to materially affect the investment management business of the Sub-Adviser and (ii) any change in the partners of the Sub-Adviser or in the actual control or management of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion, including, but not limited to Lars Ericsson, Xxxxx Xxxxxxxxx, Xxxxxx Xxxxxx, Xxxxxxx Xxxxxxxxx and Xxxxxx Xxxxxx (the “Key Persons” and each, a “Key Person”).
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Company and the Adviser informed of matters affecting the Sub-Adviser of which the Sub-Adviser has knowledge that would materially affect the Sub-Adviser’s ability to manage the Allocated Portfolio. The Sub-Adviser will promptly notify the Adviser in writing of the occurrence of any of the following events (i) it is served or otherwise receives notice of, or is threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before any court, governmental, administrative or self-regulatory agency, or public board or body, involving the affairs of the Fund that would (in the Sub-Adviser’s reasonable opinion) materially affect the Sub-Adviser’s ability to manage the Allocated Portfolio and (ii) any material change in the actual control or management of the Sub-Adviser or change in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Fund and the Adviser informed of developments relating to its duties as a sub-adviser of which the Sub-Adviser has knowledge that would materially, in the judgment of the Sub-Adviser, affect the Fund. The Sub-Adviser will, as promptly as reasonably practicable, notify the Adviser in writing of the occurrence of any of the following events: (i) it is served or otherwise receives notice of, or is threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body (A) involving the affairs of the Fund or (B) that could reasonably be viewed as material, in the judgment of the Sub-Adviser, to the Sub-Adviser’s ability to provide services to the Fund; and (ii) there is any change in the actual control or management of the Sub-Adviser or in the portfolio manager(s) primarily responsible for the day-to-day management of the Allocated Portion, provided, however, that the Sub-Adviser shall use its commercially reasonable efforts to notify the Adviser, as promptly as reasonably practicable, following the execution of an agreement that, if consummated, would result in a change in control of the Sub-Adviser.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Trust and the Adviser informed of developments relating to its duties as sub-adviser of which the Sub-Adviser has, or should have, knowledge that would materially affect the Allocated Portion. The Sub-Adviser will notify the Adviser promptly in writing (i) of any changes in its partners or key personnel, including, without limitation, any change in key members of the investment committee; (ii) if Xxxxx Xxxxxx and Xxxx Xxxxxx cease to be employed by Nephila Advisers, LLC and actively involved in the strategic management of the Sub-Adviser; or (iii) there is any actual or reasonably expected change in the control of the Sub-Adviser.
Notice of Material Actions / Change in Control. The Sub-Adviser will keep the Fund and the Adviser reasonably informed of developments of which the Sub-Adviser has knowledge that would materially affect the Fund. The Sub-Adviser will promptly notify the Adviser in writing if it is served or otherwise receives notice of, or is, to its knowledge, threatened with, any material action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, governmental, administrative or self-regulatory agency, or public board or body, (A) involving the affairs of the Fund or (B) that would reasonably be expected to materially affect the investment management business of the Sub-Adviser. The Sub-Adviser shall make all reasonable efforts to notify the Adviser prior to the occurrence of a change in control of the Sub-Adviser.
