Client Consent Request definition

Client Consent Request means a written notice delivered by the Company to a Client or a New Client that describes the transactions contemplated by this Agreement and requests the written consent of that Client or New Client to the transactions contemplated by this Agreement (including any assignment of an Advisory Contract that is deemed to occur under the Advisers Act) with respect to all Client Accounts or New Client Accounts of that Client or New Client and the agreement of that Client or New Client to continue its business relationship with the Company following the Closing on the same terms and to the same extent as it exists on the date of this Agreement. For purposes of this Agreement, a Client Consent Request will be deemed to have been received by a Client or a New Client three business days following the date that the Company sends the Client Consent Request to that Client or New Client.
View Source

Examples of Client Consent Request in a sentence

  • With respect to all other Clients not addressed by the foregoing paragraphs of this Section 8.5(c), as promptly as practicable following the Execution Date, Purchaser and Seller shall jointly request the consent of such Clients pursuant to the Client Consent Request Process.

  • Any Client Consent Request in the form of Exhibit A that is timely delivered to a Client will be a valid Client Consent Request the purposes of this Section 7.5. Prior to the Closing, the Company and the Principals shall use their respective reasonable best efforts to obtain Client Consents from each of the Clients and the New Clients.

  • If a particular Separate Account Client does not respond to the applicable initial Separate Account Client Consent Request Notice within 30 days of the sending of such notice, the Company shall send a second Separate Account Client Consent Request Notice to such Client.