Common use of Use of Subsidiaries and Affiliates Clause in Contracts

Use of Subsidiaries and Affiliates. The Sub-Adviser may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such Sub-Adviser shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that Fund’s outstanding voting securities.

Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s outstanding voting securities.

Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “"interested persons” " (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“"Independent Trustees”"), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s 's outstanding voting securities.

Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “"interested persons” " (as defined in the 0000 Xxx1940 Act) of a party to this Contract, other than as Board members membexx (“Independent "Xxxependent Trustees”"), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s 's outstanding voting securities.

Use of Subsidiaries and Affiliates. The Sub-Adviser may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s outstanding voting securities.