Common use of Appointment of Investment Managers Clause in Contracts

Appointment of Investment Managers. (a) In its sole and absolute discretion, the Board may, from time to time, by notice to the Custodian, appoint one or more Investment Managers to manage and invest (including the power to acquire and dispose of) all or a portion of the assets of the Trust Fund.

Appears in 2 contracts

Samples: Agreement and Declaration, Agreement and Declaration

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Appointment of Investment Managers. (a) In its sole and absolute discretion, the Board may, from time to time, by notice to the Custodian, appoint one or more Investment Managers to manage and invest (including the power to acquire and dispose of) all or a portion of the assets of the Trust Fund. Such appointments shall generally be made in consultation with the Investment Committee.

Appears in 2 contracts

Samples: The Agreement and Declaration of Trust Establishing the American, Agreement and Declaration

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