Termination of Status of the Manager. The status of the Manager shall terminate if the Investment Advisory Agreement with the Adviser terminates and the Portfolio does not enter into a new Investment Advisory Agreement with the Manager, effective as of the date of such termination.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Growth Capital TEI Portfolio, LLC), Limited Liability Company Agreement (Growth Capital Master Portfolio, LLC), Limited Liability Company Agreement (Growth Capital Portfolio, LLC)