Common use of Fund Responsibilities Clause in Contracts

Fund Responsibilities. 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body (e.g., the Board of Directors for the Fund) and its officers, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body will make all decisions, perform all management functions relating to the operation of the Fund and the Fund’s governing body or its duly appointed officers shall authorize all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment adviser. Without limiting the foregoing, the Fund shall:

Fund Responsibilities. 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body (e.g., the Board board of Directors directors for the Fund) and its officersa company), certain Management entities and/or personnel, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body and Management will make all decisions, perform all management functions relating to the operation of the Fund and the Fund’s governing body or its duly appointed officers shall authorize all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment adviser. Without limiting the foregoing, the Fund shall:

Fund Responsibilities. 3.1. The management and control of the Fund are is vested exclusively in the Fund’s governing body board of directors (e.g.the “Board”), and, as delegated by the Board of Directors for the Fund) and its officersManagement, subject to the terms and provisions of the Fund’s Governing Documentsgoverning documents. The Fund’s governing body will and Management is empowered by Fund to make all decisions, perform all management functions relating to the operation of the Fund Fund, and the Fund’s governing body or its duly appointed officers shall authorize and are responsible for all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment advisertransactions. Without limiting the foregoing, the Fund shall:

Fund Responsibilities. 3.1. The management and control of the Fund are is vested exclusively in the Fund’s governing body board of trustees (e.g.the “Board”) and, as delegated by the Board of Directors for the Fund) and its officersBoard, Management, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body will make all decisions, Management and the Adviser is empowered by the Fund to perform all management functions relating to the operation of Fund as it relates to the Fund Services, and the Fund’s governing body or its duly appointed officers Management shall authorize all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment advisertransactions. Without limiting the foregoing, the Fund Management shall:

Fund Responsibilities. 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body (e.g., the Board board of Directors trustees for the Funda company) and its officers, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body will make all decisions, perform all management functions relating to the operation of the Fund and the Fund’s governing body or its duly appointed officers shall authorize all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment adviser. Without limiting the foregoing, the Fund shall:

Fund Responsibilities. 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body (e.g., the Board board of Directors for trustees of the Fund) and its officers, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body will make all decisions, perform all management functions relating to the operation of the Fund and the Fund’s governing body or its duly appointed officers shall authorize all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment adviser. Without limiting the foregoing, the Fund shall:

Fund Responsibilities. 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body board of directors (e.g., the “Board”) and as delegated by the Board of Directors for the Fund) and its officersManagement, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body will and Management is empowered by Fund to make all decisions, perform all management functions relating to the operation of the Fund Fund, and the Fund’s governing body or its duly appointed officers shall authorize and are responsible for all Transactions, and the Fund’s governing body may delegate authority to an executive committee or the Fund’s investment advisertransactions. Without limiting the foregoing, the Fund shall: