Funds and Assets Sample Clauses

Funds and Assets. The Board of Trustees and the Manager shall have a fiduciary responsibility for the safekeeping and use of all funds and assets of the Trust, whether or not in its immediate possession or control, and shall not employ, or permit another to employ, such funds or assets in any manner except for the exclusive benefit of the Trust.
AutoNDA by SimpleDocs
Funds and Assets. In those instances where OCSEA affiliation no longer exists, all funds and assets remain the property of OCSEA, unless otherwise ordered by the Board of Directors.
Funds and Assets. The General Partner has a fiduciary responsibility for the proper use of all funds and assets of the Partnership and it shall not employ or permit another to employ such funds or assets in any manner except for the benefit of the Partnership.
Funds and Assets. The General Partners shall have a fiduciary responsibility for the safekeeping and use of all funds and assets of the Partnership, whether or not in their immediate possession or control, and shall not employ, or permit another to employ, such funds or assets in any manner except for the exclusive benefit of the Partnership.
Funds and Assets. All funds and invested assets of a SERVICE RECIPIENT are the exclusive property of the SERVICE RECIPIENT, held for the benefit of and subject to the control of the SERVICE RECIPIENT.
Time is Money Join Law Insider Premium to draft better contracts faster.