APPOINTMENT AND FUNCTIONS OF ENCAP. 3.1 The Company HEREBY APPOINTS EnCap, subject to and in accordance with the directions of the Directors, and in accordance with the Investment Policy and Investment Restrictions, as advisors and managers in respect of the investment and re-investment of the Investments on the terms contained herein and EnCap hereby accepts such appointment and agrees to assume the obligations set forth herein.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Encap Equity 1996 Limited Partnership), Investment Advisory Agreement (Encap Investments LLC), Investment Advisory Agreement (Encap Investments LLC)
