Common use of Authorization of Investment Clause in Contracts

Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Board of Directors of the Company.

Appears in 5 contracts

Samples: Third Party Feeder Fund Agreement (Security Income Fund /Ks/), Third Party Feeder Fund Agreement (Homestead Funds Inc), Third Party Feeder Fund Agreement (Security Income Fund /Ks/)

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Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Board of Directors Trustees of the CompanyTrust.

Appears in 4 contracts

Samples: Third Party Feeder Fund Agreement (Dreyfus Premier Stock Funds), Third Party Feeder Fund Agreement (Dreyfus Premier Stock Funds), Investment Management Agreement (Intrust Funds Trust)

Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Board of Directors Trustees of the Company.

Appears in 4 contracts

Samples: Third Party Feeder Agreement (Usaa Mutual Fund Inc), Third Party Feeder Agreement (Usaa Mutual Fund Inc), Third Party Feeder Fund Agreement (Scudder Investment Trust)

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Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Adviser and the Board of Directors Trustees of the CompanyTrust.

Appears in 2 contracts

Samples: Master Feeder Participation Agreement (Ameriprime Funds), Master Feeder Participation Agreement (Ameriprime Funds)

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