Common use of Representations of Advisor Clause in Contracts

Representations of Advisor. Advisor hereby represents that it: a) is registered as an investment adviser under the Advisers Act and will continue to be so registered for so long as this Agreement remains in effect; b) is not prohibited by the 1940 Act or the Advisers Act from performing investment advisory services to the Fund; c) has met, and will continue to meet for so long as this Agreement remains in effect, any applicable federal or state requirements, or the applicable requirements of any regulatory or industry self regulatory agency, or the applicable licensing requirements for the use of any trademarks necessary to be met in order to perform investment advisory services for the Fund; and d) will immediately notify Sub-Advisor of the occurrence of any event that would disqualify Advisor from serving as an investment adviser of an investment company pursuant to Section 9(a) of the 1940 Act or otherwise.

Appears in 3 contracts

Sources: Investment Sub Advisory Agreement (Rydex Variable Trust), Investment Sub Advisory Agreement (Rydex Variable Trust), Investment Sub Advisory Agreement (Rydex Series Funds)