Common use of USE OF SUB-ADVISER’S NAME Clause in Contracts

USE OF SUB-ADVISER’S NAME. If the Adviser seeks to use the Sub-Adviser’s name in the marketing of the Fund, it shall furnish the Sub-Adviser at its principal office drafts of all materials (including but not limited to prospectuses, proxy statements and reports to shareholders) prepared for distribution to shareholders of the Fund or the public which refer to the Sub-Adviser in any way for approval prior to distribution. All such materials shall be subject to the review and consent (such consent to not be unreasonably withheld) of the Sub-Adviser at least five business days prior to use. If Adviser does not receive a response from the Sub-Adviser with respect to such materials within five business days, such materials shall be deemed accepted by the Sub-Adviser.

Appears in 6 contracts

Samples: Sub Advisory Agreement (Afba 5star Funds), Sub Advisory Agreement (Afba 5star Fund Inc), Sub Advisory Agreement (Afba 5star Funds)

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USE OF SUB-ADVISER’S NAME. If the Adviser seeks to use the Sub-Adviser’s 's name in the marketing of the Fund, it shall furnish the Sub-Adviser at its principal office drafts of all materials (including but not limited to prospectuses, proxy statements and reports to shareholders) prepared for distribution to shareholders of the Fund or the public which refer to the Sub-Adviser in any way for approval prior to distribution. All such materials shall be subject to the review and consent (such consent to not be unreasonably withheld) of the Sub-Adviser at least five business days prior to use. If Adviser does not receive a response from the Sub-Adviser with respect to such materials within five business days, such materials shall be deemed accepted by the Sub-Adviser.

Appears in 1 contract

Samples: Sub Advisory Agreement (Afba 5star Fund Inc)

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