Common use of Authorization Matters Clause in Contracts

Authorization Matters. (1) Party A shall, within the term hereof, authorize Party B to invest and manage the Entrusted Assets within Fund Account and Securities Account in accordance with this Agreement and Investment Guidelines. Under this Agreement and Investment Guidelines, Party B shall be authorized to manage, invest, reinvest, settle and deliver the Entrusted Assets on behalf of Party A without prior notice to Party A. Party A shall not directly manage the investment of the Entrusted Assets other than sending Funds Transfer-out Instruction, formulating and/or amending and delivering Investment Guidelines to Party B in accordance with this Agreement.

Appears in 4 contracts

Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)

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Authorization Matters. (1) Party A shall, within the term hereof, authorize Party B to invest and manage the Entrusted Assets within in Fund Account and Securities Account in accordance with this Agreement and Investment Guidelines. Under this Agreement and Investment Guidelines, Party B shall be authorized to manage, invest, reinvest, settle and deliver the Entrusted Assets on behalf of Party A without prior notice to Party A. Party A shall not directly manage the conduct direct investment and management of the Entrusted Assets other than sending Funds Transfer-out Instruction, formulating formulation and/or amending amendment to and delivering delivery of Investment Guidelines to Party B in accordance with this Agreement.

Appears in 2 contracts

Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)

Authorization Matters. (1) Party A shall, within the term hereof, authorize Party B to invest and manage the Entrusted Assets within Fund Account and Securities Account in accordance with this Agreement and Investment Guidelines. Under Subject to any and all provisions of this Agreement and Investment Guidelines, Party B shall be authorized to manage, invest, reinvest, settle and deliver the Entrusted Assets on behalf of Party A without prior notice to Party A. Party A shall not directly manage the investment of the Entrusted Assets other than sending Funds Transfer-out Instruction, formulating and/or amending and amending, delivering Investment Guidelines to Party B in accordance with this AgreementAgreement and carry out operations permitted by relevant national laws, regulations, and regulatory regulations.

Appears in 1 contract

Samples: Asset Management Agreement (China Life Insurance Co LTD)

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Authorization Matters. (1) Party A shall, within the term hereof, authorize Party B to invest and manage the Entrusted Assets within in Fund Account and Securities Account in accordance with this Agreement and Investment Guidelines. Under this Agreement and Investment Guidelines, Party B shall be authorized to manage, invest, reinvest, settle and deliver the Entrusted Assets on behalf of Party A without prior notice to Party A. Party A shall not directly manage the investment of the Entrusted Assets other than sending Funds Transfer-out Instruction, formulating and/or amending and delivering Investment Guidelines to Party B in accordance with this Agreement.

Appears in 1 contract

Samples: Asset Management Agreement (China Life Insurance Co LTD)

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