Provision of Certain Information by the Adviser. The Adviser will promptly notify the Subsidiary in writing of the occurrence of any of the following events: a. the Adviser fails to be registered as an investment adviser under the Advisers Act or under the laws of any jurisdiction in which the Adviser is required to be registered as an investment adviser in order to perform its obligations under this Agreement; b. the Adviser is served or otherwise receives notice of any action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, public board or body, involving the affairs of the Subsidiary; or c. the chief executive officer of the Adviser or the portfolio manager of Subsidiary changes.
Appears in 2 contracts
Sources: Portfolio Investment Advisory and Management Agreement (Global X Funds), Portfolio Investment Advisory and Management Agreement (Global X Funds)
Provision of Certain Information by the Adviser. The Adviser will promptly notify the Subsidiary in writing of the occurrence of any of the following events: :
a. the Adviser fails to be registered as an investment adviser under the Advisers Act or under the laws of any jurisdiction in which the Adviser is required to be registered as an investment adviser in order to perform its obligations under this Agreement; ;
b. the Adviser is served or otherwise receives notice of any action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any court, public board or body, involving the affairs of the Subsidiary; or or
c. the chief executive officer of the Adviser or the portfolio manager of Subsidiary changes.
Appears in 1 contract
Sources: Investment Advisory and Management Agreement (Global X Funds)