Common use of REPRESENTATIONS AND COVENANTS OF SUBADVISER Clause in Contracts

REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 Xxx.

Appears in 2 contracts

Samples: Investment Subadvisory Agreement (Market Street Fund Inc), Investment Subadvisory Agreement (Market Street Fund Inc)

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REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 XxxAct.

Appears in 1 contract

Samples: Interim Investment Subadvisory Agreement (Market Street Fund Inc)

REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts Delaware law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business businesses is now being conducted; , (b) has the authority to enter into and perform the services contemplated by this Agreement; , (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; , (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and , (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser Adviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 XxxAct, and (f) will notify the Adviser of any change in the membership of the general partners of Alliance within a reasonable time after this change.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts Florida law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 Xxx.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts California law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 Xxx.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

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REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts Pennsylvania law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 Xxx.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

REPRESENTATIONS AND COVENANTS OF SUBADVISER. (a) The Subadviser: (a) is duly organized and validly existing under Massachusetts Delaware law with the power to own and possess the Subadviser's assets and carry on the Subadviser's business as this business is now being conducted; (b) has the authority to enter into and perform the services contemplated by this Agreement; (c) is not prohibited by the Investment Company Act of 1940, as amended (the "1940 Act"), or the Advisers Act from performing the services contemplated by this Agreement; (d) has met, and shall continue to seek to meet for the duration of this Agreement, any other applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement; and (e) shall promptly notify the Adviser of the occurrence of any event that would disqualify the Subadviser from serving as an investment adviser to an investment company pursuant to Section 9(a) of the 1940 Xxx.1940

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Market Street Fund Inc)

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