Common use of Advisory and Management Arrangements Clause in Contracts

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish such advisory, administrative and management services with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its their sole discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their sole discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may may, to the extent permitted by the 1940 Act, authorize any advisoradviser, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets Trust Property on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisoradviser, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the Trust's assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject Subject, for so long as the Trust shall remain registered as an investment company under the 1940 Act, to the requirements of applicable law as in effect from time to timethe 1940 Act, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish such advisory, administrative and management services with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts, without regard as to whether the Trust is a party to such contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the ------------------------------------ requirements of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the ------------------------------------ requirements of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-sub- administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-sub- administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish such advisory, administrative and management services with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or administration, sub-management contracts, and information agency services contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative administrative, management and management services information agency services, as appropriate, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may may, to the extent permitted by the 1940 Act, authorize any advisor, adviser or administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, adviser or administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements ------------------------------------ of applicable law as in effect from time to time, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services services, with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust Trustees to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject Subject, for so long as the Trust shall remain registered as an investment company under the 1940 Act, to the requirements of applicable law as in effect from time to timethe 1940 Act, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-sub- advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish such advisory, administrative and management services with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.

Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to timetime and the By-Laws, the Board of Trustees may in its their discretion from time to time authorize the Trust to enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish such advisory, administrative and management services with respect to the Trust as the Board of Trustees shall from time to time consider desirable and all upon such terms and conditions as the Board of Trustees may in its their discretion determine. .. Notwithstanding any provisions of this Declaration, the Board of Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to exercise any of the powers of the Board of Trustees, including to effect investment transactions with respect to the assets on behalf of the Trust to the full extent of the power of the Board of Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the entire Board of Trustees.