Discretion of the Adviser. In the performance of its duties hereunder, the Adviser shall have full authority to act as it deems advisable, except that it shall be bound by (i) the terms of the Declaration of Trust of the Trust, (ii) any written direction given by the Board of Trustees of the Trust (the “Board”) not inconsistent with this Agreement, and (iii) the investment policies of the Trust from time to time in effect. Subject only to the foregoing, the Adviser shall have full authority to purchase and sell securities for each Fund, and the Adviser may determine the persons with whom such securities transactions are to be made and the terms thereof.
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Samples: Interim Investment Advisory Agreement (Madison Funds), Investment Advisory Agreement (Madison Funds), Investment Advisory Agreement (Madison Funds)
Discretion of the Adviser. In the performance of its duties hereunder, the Adviser shall have full authority to act as it deems advisable, except that it shall be bound by (i) the terms of the Declaration of Trust and By-Laws of the Trust, (ii) and by any written direction given by the Board of Trustees of the Trust (the “Board”) not inconsistent with this Agreement, ; and (iii) it shall be guided by the investment policies of the Trust from time to time duly in effect. Subject only to the foregoing, the Adviser shall have full authority to purchase and sell securities for each Fund, and the Trust; the Adviser may determine the persons with whom such securities transactions are to be made and the terms thereof.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Madison Mosaic Tax-Free Trust), Investment Advisory Agreement (Madison Mosaic Equity Trust), Investment Advisory Agreement (Madison Mosaic Equity Trust)
Discretion of the Adviser. In the performance of its duties hereunder, the Adviser shall have full authority to act as it deems advisable, except that it shall be bound by (i) the terms of the Declaration of Trust and By-Laws of the Trust, (ii) and by any written direction given by the Board of Trustees of the Trust (the “Board”) not inconsistent with this Agreement, ; and (iii) it shall be guided by the investment policies of the Trust Funds from time to time duly in effect. Subject only to the foregoing, the Adviser shall have full authority to purchase and sell securities for each Fundthe Funds, and the Adviser may determine the persons with whom such securities transactions are to be made and the terms thereof.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Ultra Series Fund), Investment Advisory Agreement (Ultra Series Fund), Investment Advisory Agreement (Ultra Series Fund)
Discretion of the Adviser. In the performance of its duties hereunder, hereunder the Adviser shall have full authority to act as it deems advisable, except that it shall be bound by (i) the terms of the Declaration declaration of Trust trust and by-law of the Trust, (ii) and by any written direction given by the Board of Trustees of the Trust (the “Board”) not inconsistent with this Agreement, ; and (iii) it shall be guided by the investment policies of the Trust from time to time duly in effect. Subject subject only to the foregoing, the Adviser shall have full authority to purchase and sell securities for each Fund, and the Trust; the Adviser may determine the persons with whom such securities transactions are to be made and the terms thereof.
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