Common use of Advisers Duties Regarding Fund Transactions Clause in Contracts

Advisers Duties Regarding Fund Transactions. (a) Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectus, subject to provisions (b) and (c) of this Section 5.

Advisers Duties Regarding Fund Transactions. (a) Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s 's agent to give instructions to the Fund’s 's custodian as to deliveries of securities or other investments and payments of cash for the Fund’s 's account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s 's current Prospectus, subject to provisions (b), (c) and (cd) of this Section 5.

Advisers Duties Regarding Fund Transactions. (a) Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the FundPortfolios, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund Portfolios with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fundeach Portfolio’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the FundPortfolio’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s Portfolios’ current ProspectusDisclosure Documents, subject to provisions (b) and (c) of this Section 5.

Advisers Duties Regarding Fund Transactions. (a) Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectus, subject to provisions (b), (c) and (cd) of this Section 5.