Discretion of the Advisor. In the performance of its duties hereunder the Advisor shall have full authority to act as it deems advisable, except that it shall be bound by the terms of the Declaration of Trust and By-Laws of the Trust, and by any written direction given by the Trustees of the Trust not inconsistent with this Agreement; and it shall be guided by the investment policies of the Trust from time to time duly in effect. Subject only to the foregoing, the Advisor shall have full authority to purchase and sell securities for the Trust; the Advisor may determine the persons with whom such securities transactions are to be made and the terms thereof.
Appears in 12 contracts
Samples: Investment Advisory Agreement (Madison Mosaic Income Trust), Investment Advisory Agreement (Mosaic Equity Trust), Investment Advisory Agreement (Mosaic Tax-Free Trust)
Discretion of the Advisor. In the performance of its duties hereunder the Advisor shall have full authority to act as it deems advisable, except that it shall be bound by the terms of the Declaration of Trust and By-Laws of the Trust, and by any written direction given by the Trustees of the Trust not inconsistent with this Agreement; and it shall be guided by the investment policies of the Trust from time to time duly in effect. Subject only to the foregoing, the Advisor shall have full authority to purchase and sell securities for each existing series of the Trust; the Advisor may determine the persons with whom such securities transactions are to be made and the terms thereof.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Members Mutual Funds), Investment Advisory Agreement (Members Mutual Funds)
