Common use of Representations, Warranties and Covenants of the Investment Manager Clause in Contracts

Representations, Warranties and Covenants of the Investment Manager. 4.1 The Investment Manager represents and warrants to SURS that either (a) it is registered as an investment adviser under the Investment Advisers Act of 1940 or (b) it is a “bank” as defined in the Investment Advisers Act of 1940.

Representations, Warranties and Covenants of the Investment Manager. 4.1 A. The Investment Manager represents and warrants to SURS the Board of Trustees that either (a) it is registered as an investment adviser under the Investment Advisers Act of 1940 or (b) or, if applicable, that it is a “bank” bank and that it is exempt from the obligation to register as defined an investment adviser. The Investment Manager shall promptly advise the Fund if at any time during the term of this Investment Management Agreement there is a change in the Investment Advisers Act of 1940such status.

Representations, Warranties and Covenants of the Investment Manager. 4.1 A. The Investment Manager represents and warrants to SURS the Board of Trustees that either (a) it is registered as an investment adviser under the Investment Advisers Act of 1940 or (b) or, if applicable, that it is a “bank” bank and that it is exempt from the obligation to register as defined an investment adviser. The Investment Manager shall promptly advise the Fund if at any time during the term of this Agreement there is a change in the Investment Advisers Act of 1940such status.

Representations, Warranties and Covenants of the Investment Manager. 4.1 4.1. The Investment Manager represents and warrants to SURS that either (a) it is [registered as an investment adviser under the Investment Advisers Act of 1940 or (b) it is a 1940][a “bank” as defined in the Investment Advisers Act of 1940.1940 and that it is authorized to conduct a trust business in Illinois]. [Select the provision applicable to the Investment Manager]

Representations, Warranties and Covenants of the Investment Manager. 4.1 A. The Investment Manager represents and warrants to SURS the Board of Trustees that either (a) it is registered and shall remain registered as an investment adviser under the Investment Advisers Act of 1940 or (b) that it is a “bank” , as defined in the Investment Advisers Act of 1940.