Sub-Manager definition

Sub-Manager. As defined in the Property Management Agreement.
Sub-Manager has the meaning set forth in Section 2.10.

Examples of Sub-Manager in a sentence

  • The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCA.

  • The Sub-Manager has in operation a written procedure in accordance with FCA rules for the effective consideration and proper handling of complaints from customers.

  • The Sub-Manager will determine what investments shall be purchased, held, sold or exchanged by any Allocated Sleeve and what portion, if any, of the assets of the Allocated Sleeve shall be held uninvested and shall, on behalf of the Fund, make changes in the Fund’s investments held in such Allocated Sleeve.

  • In the absence of willful misfeasance, bad faith or gross negligence on the part of the Sub-Manager, or reckless disregard of its obligations and duties hereunder, the Sub-Manager shall not be subject to any liability to the Manager, any Fund or to any shareholder of any Fund, for any act or omission in the course of, or connected with, rendering services hereunder.

  • It is also understood that the Sub-Manager and any person controlled by or under common control with the Sub-Manager have and may have advisory, management, service or other contracts with other organizations and persons, and may have other interests and business.


More Definitions of Sub-Manager

Sub-Manager means any sub-manager appointed pursuant to the terms of the Management Agreement to provide Services thereunder, so long as the Manager remains primarily and directly liable for the performance of its obligations under the Management Agreement notwithstanding any such sub-managing arrangement.
Sub-Manager has the meaning set forth in Section 2(c) hereof.
Sub-Manager has the meaning set forth in the Preamble to this Agreement.
Sub-Manager shall have the meaning set forth in the Mortgage Loan Agreement.
Sub-Manager shall have the meaning set forth in the Preamble.
Sub-Manager means Fubon Asset Management Company Limited or such other person or persons for the time being to which the investment management function of all or part of the assets of a Sub-Fund of the Company has been delegated from the Manager.