Common use of Investment Adviser’s Duties Regarding Fund Transactions Clause in Contracts

Investment Adviser’s Duties Regarding Fund Transactions. (a) Placement of Orders. The Investment Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Investment Adviser, in its sole discretion, selects. To that end, the Investment Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Investment Adviser is subject to the supervision of the Board of Trustees and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board of Trustees, as may be amended from time to time, and is subject to provisions (b), (c) and (d) of this Section 5.

Investment Adviser’s Duties Regarding Fund Transactions. (a) Placement of Orders. The Investment Adviser will take all actions that it considers necessary to implement the investment policies of the each Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the each Fund with brokers or dealers the Investment Adviser, in its sole discretion, selects. To that end, the Investment Adviser is authorized as the each Fund’s agent to give instructions to the such Fund’s custodian as to deliveries of securities or other investments and payments of cash for the such Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Investment Adviser is subject to the supervision of the Board of Trustees and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board of Trustees, as may be amended from time to time, and is subject to provisions (b), (c) and (d) of this Section 5.

Investment Adviser’s Duties Regarding Fund Transactions. (a) Placement of Orders. The Investment Adviser will take all actions that it considers necessary to implement the investment policies of the each Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the each Fund with brokers or dealers the Investment Adviser, in its sole discretion, selects. To that end, the Investment Adviser is authorized as the a Fund’s agent to give instructions to the such Fund’s custodian as to deliveries of securities or other investments and payments of cash for the such Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Investment Adviser is subject to the supervision of the Board of Trustees and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board of Trustees, as may be amended from time to time, and is subject to provisions (b), (c) and (d) of this Section 5.

Investment Adviser’s Duties Regarding Fund Transactions. (a) Placement of Orders. The Investment Adviser will take all actions that it considers necessary to implement the investment policies of the each Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the each Fund with brokers or dealers the Investment Adviser, in its sole discretion, selects. To that end, the Investment Adviser is authorized as the each Fund’s 's agent to give instructions to the such Fund’s 's custodian as to deliveries of securities or other investments and payments of cash for the such Fund’s 's account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Investment Adviser is subject to the supervision of the Board of Trustees and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board of Trustees, as may be amended from time to time, and is subject to provisions (b), (c) and (d) of this Section 5.