Common use of CONTROL BY BOARD Clause in Contracts

CONTROL BY BOARD. Any activities undertaken by the Sub-Adviser on behalf of the Fund pursuant to this Agreement shall at all times be subject to any applicable directives of the Board.

Appears in 6 contracts

Sources: Sub Advisory Agreement (Endowment Master Fund L P), Sub Advisory Agreement (Endowment Registered Fund L P), Sub Advisory Agreement (Endowment Registered Fund L P)