Responsibility of Dual Directors Officers and/or Employees Clause Example from Business Contracts
This example Responsibility of Dual Directors Officers and/or Employees clause appears in 2 contracts from 2 companies
Responsibility of Dual Directors Officers and/or Employees. If any person who is a manager, partner, officer or employee of the Advisor or the Administrator is or becomes a director, officer and/or employee of the Company and acts as such in any business of the Company, then such manager, partner, officer and/or employee of the Advisor or the Administrator shall be deemed to be acting in such capacity solely for the Company and not as a manager, partner, officer and/or employee of the Advisor or the Administrator or under the control or direction of the ...
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Crescent Capital BDC, Inc. contract