TERMINATION OF STATUS OF THE ADVISER Sample Clauses

The 'Termination of Status of the Adviser' clause defines the conditions and procedures under which an adviser's role or relationship with a company or client may be formally ended. Typically, this clause outlines specific events or actions—such as resignation, breach of agreement, or completion of services—that trigger termination, and may detail notice requirements or post-termination obligations. Its core function is to provide a clear framework for ending the adviser's involvement, thereby reducing uncertainty and potential disputes regarding the conclusion of the advisory relationship.
TERMINATION OF STATUS OF THE ADVISER. The status of the Adviser shall terminate if the Investment Advisory Agreement with the Adviser terminates and the Company does not enter into a new Investment Advisory Agreement with the Adviser, effective as of the date of such termination.
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TERMINATION OF STATUS OF THE ADVISER. (a) The Advisor shall cease to be the Advisor of the Fund if the Advisor (i) shall be dissolved or otherwise shall terminate its existence; (ii) shall voluntarily withdraw as Advisor; (iii) shall be removed; (iv) shall transfer its entire Interest as Advisor as permitted under Section 4.3 hereof and such person to which such Interest is transferred is admitted as a substitute Advisor pursuant to Section 2.6(a) hereof; or (v) shall otherwise cease to be the Advisor of the Fund. (b) An Advisor may not withdraw voluntarily as an Advisor until the earliest of (i) one year from the date on which the Advisor shall have given the Directors written notice of its intention to effect such withdrawal (or upon lesser notice if, in the opinion of counsel to the Fund, such withdrawal is not likely to cause the Fund to lose its partnership tax classification) or as otherwise permitted by the 1940 Act; (ii) the date on which the authority of the Advisor to provide Advice and Management is terminated (other than at the election of the Advisor) pursuant to Section 3.4(a) hereof, unless within 30 days after such termination the Directors request the Advisor not to withdraw, in which case 180 days after the date of such termination, unless a successor adviser is earlier approved by the Fund; and (iii) the date on which one or more persons shall have agreed to assume the obligations of the Advisor hereunder with the approval of the Directors and such other approvals as may be required by the 1940 Act.
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TERMINATION OF STATUS OF THE ADVISER. The status of the Investment Manager shall terminate if the Investment Management Agreement with the Investment Manager terminates and the Fund does not enter into a new Investment Management Agreement with the Investment Manager, effective as of the date of such termination.
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TERMINATION OF STATUS OF THE ADVISER. 15 SECTION 4.2. TERMINATION OF STATUS OF A DIRECTOR..............................15 SECTION 4.3. REMOVAL OF A DIRECTOR............................................15 SECTION 4.4. TRANSFER OF SHARES...............................................16 SECTION 4.5.
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Related to TERMINATION OF STATUS OF THE ADVISER

  • Confirmation of Status The parties confirm that the Asset Representations Reviewer is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement, or (b) determining whether noncompliance with the representations or warranties constitutes a breach of the Transaction Documents.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Status of the Agreement This Agreement shall supersede any rules, regulations, policies, resolutions or practices of the District, which shall be contrary to or inconsistent with its terms.