Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser is or becomes a Trustee, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser.
Appears in 84 contracts
Samples: Investment Advisory Agreement (Royce Fund), Investment Advisory Agreement (Royce Fund), Investment Advisory Agreement (Royce Fund)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, partner, member, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund Company and acts as such in any business of the Fund pursuant to this AgreementCompany, then such directormanager, partner, member, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the FundCompany, and not as a directormanager, partner, member, officer or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 49 contracts
Samples: Agreement and Plan of Merger (FS KKR Capital Corp), Agreement and Plan of Merger (Franklin BSP Lending Corp), Investment Advisory And (HMS Income Fund, Inc.)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser.
Appears in 12 contracts
Samples: Investment Advisory Agreement (Royce Global Value Trust, Inc.), Interim Investment Advisory Agreement (Royce Global Value Trust, Inc.), Investment Advisory Agreement (Royce Value Trust Inc)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser Advisor is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser Advisor shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser Advisor or under the control or direction of the AdviserAdvisor, although paid by the AdviserAdvisor.
Appears in 8 contracts
Samples: Investment Advisory Agreement (Upright Investments Trust), Investment Advisory Agreement (Upright Investments Trust), Investment Advisory Agreement (Upright Investments Trust)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, partner, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund Company and acts as such in any business of the Fund pursuant to this AgreementCompany, then such directormanager, partner, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the FundCompany, and not as a directormanager, partner, officer or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Owl Rock Capital Corp II), Investment Advisory Agreement (Owl Rock Capital Corp II), Investment Advisory Agreement (Owl Rock Capital Corp II)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer officer, shareholder or employee of the Adviser Advisor is or becomes a Trusteetrustee, officer officer, shareholder and/or employee of the Fund Company and acts as such in any business of the Fund pursuant to this AgreementCompany, then such director, officer officer, shareholder and/or employee of the Adviser Advisor shall be deemed to be acting in such capacity solely for the FundCompany, and not as a director, officer officer, shareholder or employee of the Adviser Advisor or under the control or direction of the AdviserAdvisor, although even if paid by the AdviserAdvisor.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Guggenheim Credit Income Fund), Investment Advisory Agreement (Carey Credit Income Fund 2015 T), Investment Advisory Agreement (Carey Credit Income Fund - I)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, partner, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this AgreementFund, then such directormanager, partner, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a directormanager, partner, officer or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Credit Suisse Park View BDC, Inc.), Investment Advisory Agreement (Credit Suisse Park View BDC, Inc.)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer officer, equityholder or employee of the Adviser is or becomes a Trusteedirector, officer officer, member/unitholder and/or employee of the Fund and acts as such in any business of the Fund pursuant to this AgreementFund, then such director, officer officer, equityholder and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer officer, equityholder or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Stepstone Private Credit Fund LLC), Investment Advisory Agreement (Stepstone Private Credit Fund LLC)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, partner, member, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this AgreementFund, then such directormanager, partner, member, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a directormanager, partner, member, officer or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 2 contracts
Samples: Administrative Services Agreement (Direct Lending Income Fund), Investment Advisory Agreement (FS Credit Opportunities Corp.)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser is or becomes a Trustee, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser. 8.
Appears in 1 contract
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser. 8.
Appears in 1 contract
Samples: Investment Advisory Agreement (Royce Global Value Trust, Inc.)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a director, officer or employee of the Adviser is or becomes a Trusteedirector, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or and/or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser.
Appears in 1 contract
Samples: Investment Advisory Agreement (All Seasons Global Fund Inc)
Responsibility of Dual Directors, Officers and/or Employees. If any person who is a directormanager, partner, member, officer or employee of the Adviser is or becomes a Trusteetrustee, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this AgreementFund, then such directormanager, partner, member, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a directormanager, partner, member, officer or employee of the Adviser or under the control or direction of the Adviser, although even if paid by the Adviser.
Appears in 1 contract
Samples: Investment Advisory and Administrative Services Agreement (FS Energy & Power Fund)
