Common use of Delegation of Responsibilities Clause in Contracts

Delegation of Responsibilities. The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 58 contracts

Samples: Investment Advisory Agreement (Atlantic Whitehall Funds Trust), Investment Advisory Agreement (Atlantic Whitehall Funds Trust), Agreement and Plan of Reorganization (Aim Variable Insurance Funds)

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Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 33 contracts

Samples: Master Intergroup Sub Advisory Contract (Invesco Van Kampen High Income Trust II), Master Investment Advisory Agreement (Invesco Van Kampen Trust for Value Municipals), Memorandum of Agreement (Invesco Municipal Opportunity Trust)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors advisers by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 20 contracts

Samples: Master Investment Advisory Agreement (Invesco Senior Income Trust), Master Investment Advisory Agreement (Invesco Municipal Income Opportunities Trust), Master Investment Advisory Agreement (Aim Investment Securities Funds (Invesco Investment Securities Funds))

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 18 contracts

Samples: Memorandum of Agreement (Invesco High Income 2024 Target Term Fund), Memorandum of Agreement (Invesco High Income 2023 Target Term Fund), Master Intergroup Sub Advisory Contract (Invesco Value Municipal Income Trust)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees Trustees/Directors and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 14 contracts

Samples: Investment Advisory Agreement (Invesco Insured California Municipal Securities), Investment Advisory Agreement (Invesco Quality Municipal Income Trust), Investment Advisory Agreement (Invesco California Quality Municipal Securities)

Delegation of Responsibilities. The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees Directors and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 11 contracts

Samples: Master Investment Advisory Agreement (Short Term Investments Co /Tx/), Master Investment Advisory Agreement (Short Term Investments Co /Tx/), Master Investment Advisory Agreement (Aim International Funds Inc /Md/)

Delegation of Responsibilities. The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 6 contracts

Samples: Master Investment Advisory Agreement (Aim Treasurers Series Trust), Master Investment Advisory Agreement (Aim Sector Funds), Master Investment Advisory Agreement (Aim Counselor Series Funds)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 4 contracts

Samples: Master Investment Advisory Agreement (Invesco Management Trust), Master Investment Advisory Agreement (Invesco Management Trust), Master Investment Advisory Agreement (Invesco Securities Trust)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 3 contracts

Samples: Master Investment Advisory Agreement (Invesco High Income 2024 Target Term Fund), Investment Advisory Agreement (Invesco High Income 2023 Target Term Fund), Investment Advisory Agreement (Invesco High Income 2023 Target Term Fund)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 3 contracts

Samples: Master Investment Advisory Agreement (Invesco Dynamic Credit Opportunity Fund), Investment Advisory Agreement (Invesco Dynamic Credit Opportunity Fund), Master Investment Advisory Agreement (Invesco Senior Loan Fund)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 3 contracts

Samples: Memorandum of Agreement (Invesco Management Trust), Master Investment Advisory Agreement (Invesco Securities Trust), Memorandum of Agreement (Invesco Securities Trust)

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Delegation of Responsibilities. The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, affiliates or other service providers and may enter into agreements with sub-advisorsadvisors and service providers, and may replace any such sub-advisors and service providers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 3 contracts

Samples: Master Investment Management Agreement (AIM Core Allocation Portfolio Series), Master Investment Management Agreement (AIM Core Allocation Portfolio Series), Master Investment Management Agreement (AIM Core Allocation Portfolio Series)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers or other agents, and may enter into agreements with sub-advisorsadvisers or other agents, and may replace any such sub-advisors advisers or other agents from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC")Commission, and if applicable, exemptive orders or similar relief granted by the SEC Commission, and upon receipt of approval of such sub-advisors advisers or other agents by the Board of Trustees and by shareholders unitholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 2 contracts

Samples: Investment Advisory Agreement (Zea Capital Fund LLC), Investment Advisory Agreement (Zea Capital Fund LLC)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors advisers by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 2 contracts

Samples: Memorandum of Agreement (Invesco Exchange Fund), Memorandum of Agreement (Invesco Exchange Fund)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors advisers by the Board of Trustees Managing General Partners and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 1 contract

Samples: Master Investment Advisory Agreement (Invesco Van Kampen Exchange Fund)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisorsadvisers, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors advisers by the Board of Trustees Managing General Partners and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 1 contract

Samples: Master Investment Advisory Agreement (Invesco Van Kampen Exchange Fund)

Delegation of Responsibilities. The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees Directors and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 1 contract

Samples: Master Investment Advisory Agreement (Invesco Variable Investment Funds Inc)

Delegation of Responsibilities. The Advisor Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisorsadvisers, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees Trustees/Directors and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

Appears in 1 contract

Samples: Investment Advisory Agreement (Invesco Prime Income Trust)

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