Representations, Warranties and Covenants of the Adviser. (a) The Adviser agrees with Destra that it shall promptly notify Destra (i) in the event that the SEC or any other regulatory authority has censured in writing the Adviser’s activities, functions or operations, suspended or revoked any registration, license or approval, or has commenced proceedings that may result in any of these actions, (ii) in the event that there is a change of control of the Adviser or (iii) of any change to the Adviser that materially and adversely affects the Adviser’s ability to perform its obligations under this Agreement.
Appears in 4 contracts
Samples: Form of Distribution Assistance Agreement (Tekla Healthcare Opportunities Fund), Distribution Agreement (Ares Multi-Strategy Credit Fund, Inc.), Distribution Agreement (Flaherty & Crumrine Dynamic Preferred & Income Fund Inc)
Representations, Warranties and Covenants of the Adviser. (a) The Adviser agrees with Destra that it shall promptly notify Destra (i) in the event that the SEC or any other regulatory authority has censured in writing the Adviser’s activities, functions or operations, suspended or revoked any registration, license or approval, or has commenced proceedings that may result in any of these actionsactions and which would materially affect the Fund or the Offering, (ii) in the event that there is a change of control of the Adviser or (iii) of any change to the Adviser that materially and adversely affects the Adviser’s ability to perform its obligations under this Agreement.
Appears in 3 contracts
Samples: Distribution Assistance Agreement (Angel Oak Dynamic Financial Strategies Income Term Trust), Distribution Assistance Agreement (Angel Oak Financial Strategies Income Term Trust), Distribution Assistance Agreement (Tekla World Healthcare Fund)
