Common use of Responsibility of Dual Directors, Officers and/or Employees Clause in Contracts

Responsibility of Dual Directors, Officers and/or Employees. If any person who is a manager, partner, member, officer or employee of Flat Rock Global is or becomes a director, officer and/or employee of the Fund and acts as such in any business of the Fund, then such manager, partner, member, officer and/or employee of Flat Rock Global shall be deemed to be acting in such capacity solely for the Fund, and not as a manager, partner, member, officer or employee of Flat Rock Global or under the control or direction of Flat Rock Global, even if paid by Flat Rock Global.

Appears in 6 contracts

Samples: Investment Advisory Agreement (Flat Rock Opportunity Fund), Investment Advisory Agreement (Flat Rock Opportunity Fund), Investment Advisory Agreement (Flat Rock Opportunity Fund)

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Responsibility of Dual Directors, Officers and/or Employees. If any person who is a manager, partner, member, officer or employee of Flat Rock Global is or becomes a director, officer and/or employee of the Fund Company and acts as such in any business of the FundCompany, then such manager, partner, member, officer and/or employee of Flat Rock Global shall be deemed to be acting in such capacity solely for the FundCompany, and not as a manager, partner, member, officer or employee of Flat Rock Global or under the control or direction of Flat Rock Global, even if paid by Flat Rock Global.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Flat Rock Capital Corp.), Investment Advisory Agreement (Flat Rock Capital Corp.), Investment Advisory Agreement (Flat Rock Capital Corp.)

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Responsibility of Dual Directors, Officers and/or Employees. If any person who is a manager, partner, member, officer or employee of Flat Rock Global is or becomes a directortrustee, officer and/or employee of the Fund and acts as such in any business of the Fund, then such manager, partner, member, officer and/or employee of Flat Rock Global shall be deemed to be acting in such capacity solely for the Fund, and not as a manager, partner, member, officer or employee of Flat Rock Global or under the control or direction of Flat Rock Global, even if paid by Flat Rock Global.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Flat Rock Core Income Fund), Investment Advisory Agreement (Flat Rock Core Income Fund)

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