Examples of Prior Advisory Agreement in a sentence
The fee to be received by the Adviser under this Agreement will be no greater than the fee received by the Adviser under the Prior Advisory Agreement.
The Prior Advisory Agreement is hereby terminated effective as of the date hereof by the Advisor, and the Parties agree that such termination does not give rise to any payments under Sections 8.1.6 or 8.3.5 under the Prior Advisory Agreement nor any reimbursement of Organization and Offering Expenses related to the Public Offering covered by the Company’s registration statement on Form S-11 (file no.
This Agreement contains the entire agreement and understanding among the parties hereto with respect to the subject matter hereof, and supersedes all prior and contemporaneous agreements, understandings, inducements and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter hereof, including, without limitation, the Prior Advisory Agreement.
This Agreement contains the entire agreement and understanding among the parties hereto with respect to the subject matter of this Agreement, and supersedes all prior and contemporaneous agreements (including the Prior Advisory Agreement), understandings, inducements and conditions, express or implied, oral or written, of any nature whatsoever with respect to the subject matter of this Agreement.
The terms of the Advisory Agreement and the Prior Advisory Agreement are substantially similar.
The fee for the period from the ------------------- * Note that the bracketed text is omitted from both the New Advisory Agreement and the Prior Advisory Agreement for the Large Cap Fund.
In the “Background” or “The Advisory Agreements” sections of the Proxy Statement, please disclose the date the Prior Advisory Agreement was submitted to shareholder vote and include the purpose of the vote.
Response: Material differences between the agreements are disclosed on page 3 of the Revised Information Statement, and that paragraph reads as follows:Differences between the Advisory Agreement and the Prior Advisory Agreement.
This Agreement, unless sooner terminated as provided herein, shall become effective when the Adviser commences provision of advisory services on the date the Prior Advisory Agreement terminates (on about March 1, 2017 (the "Effective Date")) with respect of the Fund and shall continue in effect until the earlier of (1) for 150 days from the effective date; or (2) the date a definitive investment advisory agreement is approved by shareholders of such Fund.
The differences are as follows: (1) the Advisory Agreement is with Pulteney Street, whereas the Prior Advisory Agreement was with CEM; (2) the Advisory Agreement explicitly contemplates that Pulteney Street may engage investment sub-advisers on behalf of the Fund; and (3) the Advisory Agreement has an annualized management fee that is initially set at 1.0%, but provides for an increase to 2.25% upon the implementation of the New Strategy.