Appointment and Duties of Manager. (a) The Trust hereby employs the Manager to act as manager of the Funds and to perform the services set forth in this Agreement, subject to the supervision of the Board of Trustees of the Trust, for the period and on the terms set forth in this Agreement. The Manager hereby accepts such employment, and undertakes to pay the salaries and expense of all personnel of the Manager who perform services relating to the services it performs hereunder. The Manager shall for all purposes herein be deemed to be an independent contractor and shall, except as otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed an agent of the Trust.
Appointment and Duties of Manager. (a) Subject to the terms and conditions set forth herein, the Fund hereby appoints the Manager, subject to the review and supervision of the Board of Trustees of the Fund (the “Board”), to act as the investment adviser for and to manage the investment and reinvestment of the assets of the Fund in accordance with the Fund’s investment objectives and policies and limitations, and to manage the day-to-day business and affairs of the Fund (except with respect to matters in the charge of the Fund’s chief compliance officer or other service providers retained by the Fund), for the period and on the terms set forth in this Agreement. The investment of funds shall be subject to all restrictions of applicable law and the Amended and Restated Declaration of Trust and By-Laws of the Fund, and resolutions of the Board as may from time to time be in force and delivered in writing to the Manager.
Appointment and Duties of Manager. The Client hereby appoints the Manager as investment manager of such portion of the Client's investment portfolio as is designated from time to time by the Client to the Manager in writing (the "Portfolio") and to furnish, or arrange for affiliates to furnish, the investment advisory service describe below, on the terms and conditions set forth in this Agreement. The Manager hereby accepts such appointment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. Except as limited below and in the Statement of Investment Policy and Guidelines attached hereto, the Manager shall have full discretion, as the Client's agent and attorney-in-fact to make purchases and sales of investments on the Client's behalf and otherwise to act at the Manager's discretion in the management of the Portfolio. The Manager shall provide (or arrange for affiliates to provide) the Client with such investment research, advice and supervision and written reports as the latter may from time to time (but no less frequently than monthly) consider necessary for the proper supervision of the assets of the Client, shall furnish continuously an investment program for the Client and shall have full discretion as the Client's agent and attorney-in-fact, to determine from time to time which securities shall be purchased, sold, modified or exchanged and what portion of the assets of the Client shall be held in (i) the various securities in which the Client invests, (ii) options, (iii) futures, (iv) options on futures or (v) cash, subject only to the restrictions of applicable law and the Client's investment objectives, investment policies and investment restrictions as the same are in each case advised in writing by the Client to the Manager. Without limiting the foregoing, the Manager shall have authority to approve the restructuring of investments held in the Portfolio, either through changes in the terms of the security (including changes in voting rights, dividend rights, interest rates, maturity, conversion rights or other rights or preferences relating to the security) or through the substitution of new securities, having such terms and provisions as may be deemed appropriate by the Manager in light of the prevailing circumstances, for securities held in the Portfolio. The Manager shall make decisions for the Client as to foreign currency matters and...
Appointment and Duties of Manager. (a) The Fund, on behalf of the Series, hereby employs the Manager to perform the services set forth in this Agreement, subject to the supervision of the Board of Directors of the Fund, for the period and on the terms set forth in this Agreement. The Manager hereby accepts such employment and undertakes to pay the salaries and expense of all personnel of the Manager who perform services relating to the services it performs hereunder. The Manager shall for all purposes herein be deemed to be an independent contractor and shall, except as otherwise expressly provided or authorized, have no authority to act for or represent the Fund in any way or otherwise be deemed an agent of the Fund.
Appointment and Duties of Manager. The Client hereby appoints the Manager as investment manager of such portion of the Client's investment portfolio as is designated from time to time by the Client to the Manager in writing (the "Portfolio") and to furnish, or arrange for affiliates to furnish, the investment advisory services described below, on the terms and conditions set forth in this Agreement. The Manager hereby accepts such appointment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. Except as limited below and in the Statement of Investment Policy and Guidelines attached hereto, the Manager shall have full discretion, as the Client's agent and attorney-in-fact, to make purchases and sales of investments on the Client's behalf and otherwise to act at the Manager's discretion in the management of the Portfolio. The Manager shall provide (or arrange for affiliates to provide) the Client with such investment research, advice and supervision and written reports as the latter may from time to time (but no less frequently than monthly) consider necessary for the proper supervision of the assets of the Client, shall furnish continuously an investment program for the Client and shall have full discretion as the Client's agent and attorney-in-fact, to determine from time to time which securities shall be purchased, sold, modified or exchanged and what portion of the assets of the
Appointment and Duties of Manager. (a) Front Yard and FYR LP hereby appoint Manager, as their agent, to manage the investments and day-to-day business and affairs of Front Yard, FYR LP and each of the other Subsidiaries, subject at all times to the further terms and conditions set forth in this Agreement and to the supervision of the Board. In performing its duties hereunder, Manager shall act in good faith with due diligence and skill, and shall use its commercially reasonable best efforts to perform each of the duties set forth herein. The appointment of Manager shall be exclusive to Manager, except to the extent that Manager elects, subject to the terms of this Agreement, to cause the duties of Manager as set forth herein to be provided or performed by third parties and/or any Affiliates of Manager and, except as provided in Section 11(a), with the consent of Front Yard.
Appointment and Duties of Manager. (a) Subject to the terms and conditions set forth herein, the Trust hereby appoints the Manager and the Manager hereby undertakes, subject to the review and supervision of the Board of Trustees of the Trust (the “Board”), to act as the investment adviser for and to manage the investment and reinvestment of the assets of the Trust and each Fund in accordance with each Fund’s investment objectives and policies and limitations, and to manage the day-to-day business and affairs of the Trust and each Fund (except with respect to matters in the charge of the Trust and each Fund’s chief compliance officer or other service providers retained by the Trust and each Fund), for the period and on the terms set forth in this Agreement. The investment of funds shall be subject to all restrictions of applicable law and the [Amended and Restated] Agreement and Declaration of Trust and By-Laws of the Trust, and resolutions of the Board as may from time to time be in force and delivered in writing to the Manager.
Appointment and Duties of Manager. The Client hereby appoints the Manager as investment manager of such portion of the Client's investment portfolio as is designated from time to time by the Client to the Manager in writing (the "Portfolio") and to furnish, or arrange for affiliates to furnish, the investment advisory services described below, on the terms and conditions set forth in this Agreement. The Manager hereby accepts such appointment and agrees during such period, at its own expense, to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation provided for herein. Except as limited below and in the Statement of Investment Policy and Guidelines attached hereto, the Manager shall have full discretion, as the Client's agent and attorney-in-fact, to make purchases and sales of investments on the Client's behalf and otherwise to act at the Manager's discretion in the management of the Portfolio.
Appointment and Duties of Manager. The Manager shall be appointed, from time to time, on terms and conditions to be agreed between the Shareholders of the Company. The specific duties of the Manager include:- the co-ordination, superintendence and supervision of the carrying out of the Development; advising on Development Project Expenditure (DPE) and the funding and monitoring of costs and exercising cost control; the maintenance and management of the Property until completion of disposal of the Property. In carrying out his duties the Manager will:- keep the Shareholders informed of the progress of the Development; keep the Shareholders informed of the progress of the disposal of the Property.
Appointment and Duties of Manager
