Advisor Obligations Sample Clauses

Advisor Obligations a) Advisor does not warrant any rate of return on all or any segment of the Account. Advisor will try to select the most favorable prices and timing of asset purchases and sales. Advisor will select brokers and dealers on a basis which is favorable to Client, taking into account research services provided, ability to execute orders promptly and correctly, fees charged, and any other factors which Advisor deems relevant. Advisor will pass along to Client the cost of any and all brokers' fees, commissions, taxes, and other custodial charges related to management of the Account. b) It is understood and agreed that Advisor does not provide its services exclusively for Client. Advisor shall remain free to provide services to other clients or for its own account, pursuant to objectives which may or may not be similar to the strategy adopted for Client. c) Advisor shall make reports to Client as requested, including, but not limited to: i) delivery on the sixth working day of each month of all investment accounting data for the previous month, in an electronic format suitable for use in updating Client's computerized accounting records; ii) delivery by January 30 of each year of all investment-related exhibits and schedules for Client's statutory annual statement, in a printed format suitable for inclusion in Client's statutory annual statement without modification;