Common use of ADVISORY DUTIES Clause in Contracts

ADVISORY DUTIES. Subject to the supervision of the Board of Directors of the Fund, the Adviser shall manage the investment operations of the Fund and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, in accordance with the Fund's investment objective and policies as stated in the Registration Statement (as defined in paragraph 3(d) of this Agreement) and subject to the following understandings:

ADVISORY DUTIES. Subject to the supervision of the Fund's Board of Directors of the FundDirectors, the Adviser shall manage the investment operations of the Fund and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, Portfolio in accordance with the Fund's investment objective and policies as stated in the Fund's Registration Statement (as defined in paragraph 3(d) of this Agreement) ), and subject to the following understandings:

ADVISORY DUTIES. Subject to the supervision of the Board of Directors Trustees of the Fund, . the Adviser shall manage the investment operations of the Fund and the composition of the Fund's portfolioPortfolio, including the purchase, retention and disposition thereof, in accordance with the Fund's investment objective and policies as stated in the Registration Statement (as defined in paragraph 3(d) of this Agreement) and subject to the following understandings:

ADVISORY DUTIES. Subject to the supervision of the Board of Directors of the Fund, the Adviser shall manage the investment operations of the Fund Fund's Capital Opportunity Portfolio and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, in accordance with the Fund's investment objective and policies as stated in the Registration Statement (as defined in paragraph 3(d) of this Agreement) and subject to the following understandings:

ADVISORY DUTIES. Subject to any written limitations imposed by the supervision of officers or the Board of Directors of the Fund, the Adviser shall manage supervise and direct the investment operations of the Fund and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, in accordance with the Fund's investment objective and policies as stated in the Registration Statement Prospectus (as defined in paragraph 3(d3(f) of this Agreement) dated November 1, 1996 (with such amendments or supplements to such objective and policies as are mutually agreed to by the Adviser and the Fund) and subject to the following understandings:

ADVISORY DUTIES. Subject to the supervision of the Fund's Board of Directors of the FundTrustees, the Adviser shall manage the investment operations of the Fund and the composition of the Fund's portfolio, including the purchase, retention and disposition thereof, Portfolio in accordance with the Fund's investment objective and policies as stated in the Fund's Registration Statement (as defined in paragraph 3(d) of this Agreement) ), and subject to the following understandings: