Authority of the Investment Advisor. The Investment Advisor shall have full discretion and authority, without obtaining the Fund's prior approval, to manage the investment and reinvestment of the assets of the Fund in such manner as the Investment Advisor considers appropriate consistent with the Memorandum. In furtherance of the foregoing, the Fund hereby designates and appoints the Investment Advisor as its agent and attorney-in-fact, with full power and authority and without the need for further approval of the Fund (except as may be required by law), to carry out the following with respect to the assets of the Fund:
Appears in 5 contracts
Samples: Investment Advisory Agreement (Network Fund Iii LTD), Investment Advisory Agreement (Network Fund Iii LTD), Investment Advisory Agreement (Network Fund Iii LTD)
