REPRESENTATIONS WITH RESPECT TO PORTFOLIOS. The Trust represents and warrants that (a) it has all necessary power and authority to perform the obligations hereunder of each Portfolio, (b) the execution and delivery by it of this Agreement, and the performance by it of the obligations hereunder of each Portfolio, have been duly authorized by all necessary action and will not violate any law, regulation, charter, by-law, or other instrument, restriction or provision applicable to it or such Portfolio or by which it or such Portfolio, or their respective assets, may be bound, and (c) this Agreement constitutes a legal, valid and binding obligation of each Portfolio, enforceable against it in accordance with its terms.
Appears in 8 contracts
Samples: Custody Agreement (Aip Alternative Strategies Funds), Custody Agreement (Arbitrage Funds), Custody Agreement (Alternative Investment Funds)
REPRESENTATIONS WITH RESPECT TO PORTFOLIOS. The Trust represents and warrants that (a) it has all necessary power and authority to perform the obligations hereunder of each Portfolio, (b) the execution and delivery by it of this Agreement, and the performance by it of the obligations hereunder of each Portfolio, have been duly authorized by all necessary action and will not violate any law, regulation, charter, by-law, or other instrument, restriction or provision applicable to it or such Portfolio or by which it or such Portfolio, or their respective assets, may be bound, and (c) this Agreement constitutes a legal, valid and binding obligation of each Portfoliothe Trust, enforceable against it the Portfolios in accordance with its terms.
Appears in 5 contracts
Samples: Custody Agreement (Barr Rosenberg Series Trust), Custody Agreement (Barr Rosenberg Variable Insurance Trust), Custody Agreement (Barr Rosenberg Series Trust)
REPRESENTATIONS WITH RESPECT TO PORTFOLIOS. The Trust represents and ------------------------------------------ warrants that (a) it has all necessary power and authority to perform the obligations hereunder of each Portfolio, (b) the execution and delivery by it of this Agreement, and the performance by it of the obligations hereunder of each Portfolio, have been duly authorized by all necessary action and will not violate any law, regulation, charter, by-law, or other instrument, restriction or provision applicable to it or such Portfolio or by which it or such Portfolio, or their respective assets, may be bound, and (c) this Agreement constitutes a legal, valid and binding obligation of each Portfolio, enforceable against it in accordance with its terms.
Appears in 1 contract
REPRESENTATIONS WITH RESPECT TO PORTFOLIOS. The Trust represents and warrants that (a) it has all necessary power and authority to perform the obligations hereunder of each Portfolio, (b) the execution and delivery by it of this Agreement, and the performance by it of the obligations hereunder of each Portfolio, have been duly authorized by all necessary action and will not violate any law, regulation, charter, by-law, or other instrument, restriction or provision applicable to it or such Portfolio or by which it or such Portfolio, or their respective assets, may be bound, and (c) this Agreement constitutes a legal, valid and binding obligation of the Trust of behalf of each Portfolio, enforceable against it in accordance with its terms.
Appears in 1 contract
Samples: Custody Agreement (Third Avenue Variable Series Trust)
REPRESENTATIONS WITH RESPECT TO PORTFOLIOS. The Trust represents and warrants that (a) it has all necessary power and authority to perform the obligations hereunder of each the Portfolio, (b) the execution and delivery by it of this Agreement, and the performance by it of the obligations hereunder of each the Portfolio, have been duly authorized by all necessary action and will not violate any law, regulation, charter, by-law, or other instrument, restriction or provision applicable to it or such the Portfolio or by which it or such the Portfolio, or their respective assets, may be bound, and (c) this Agreement constitutes a legal, valid and binding obligation of each the Portfolio, enforceable against it in accordance with its terms.
Appears in 1 contract
Samples: Custody Agreement (Coventry Group)