Common use of Investment Advisory Functions Clause in Contracts

Investment Advisory Functions. In its capacity as ----------------------------- investment adviser to the Fund, Xxxxxx Associates shall have the following responsibilities: (a) To furnish continuous advice and recommendations to the Fund as to the acquisition, holding or disposition of any or all of the securities or other assets which the Fund may own or contemplate acquiring from time to time, giving due consideration to the investment policies and restrictions and the other statements concerning the Fund in the Fund's Articles of Incorporation, Bylaws, and registration statements under the 1940 Act and the 1933 Act, and to the provisions of the Internal Revenue Code, as amended from time to time, applicable to the Fund as a regulated investment company; (b) To cause its officers to attend meetings and furnish oral or written reports, as the Fund may reasonably require, in order to keep the Directors and appropriate officers of the Fund fully informed as to the condition of the investment portfolio of the Fund, the investment recommendations of Xxxxxx Associates, and the investment considerations which have given rise to those recommendations; and (c) To supervise the purchase and sale of securities as directed by the appropriate officers of the Fund.

Investment Advisory Functions. In its capacity as ----------------------------- investment adviser to the Fund, Xxxxxx Associates shall have the following responsibilities: (a) To furnish continuous advice and recommendations to the Fund as to the acquisition, holding or disposition of any or all of the securities or other assets which the Fund may own or contemplate acquiring from time to time, giving due consideration to the investment policies and restrictions and the other statements concerning the Fund in the FundTrust's Articles of IncorporationTrust Instrument, Bylaws, and registration statements under the 1940 Act and the 1933 Act, and to the provisions of the Internal Revenue Code, as amended from time to time, applicable to the Fund as a regulated investment company; (b) To cause its officers to attend meetings and furnish oral or written reports, as the Fund Trust may reasonably require, in order to keep the Directors Trustees and appropriate officers of the Fund Trust fully informed as to the condition of the investment portfolio of the Fund, the investment recommendations of Xxxxxx Associates, and the investment considerations which have given rise to those recommendations; and (c) To supervise the purchase and sale of securities as directed by the appropriate officers of the FundTrust.

Investment Advisory Functions. In its capacity as ----------------------------- investment adviser to the Fund, Xxxxxx Berger Associates shall have shalx xxxx the following responsibilities: (a) To furnish continuous advice and recommendations to the Fund as to the acquisition, holding or disposition of any or all of the securities or other assets which the Fund may own or contemplate acquiring from time to time, giving due consideration to the investment policies and restrictions and the other statements concerning the Fund in the FundTrust's Articles of IncorporationTrust Instrument, Bylaws, and registration statements under the 1940 Act and the 1933 Act, and to the provisions of the Internal Revenue Code, as amended from time to time, applicable to the Fund as a regulated investment company; (b) To cause its officers to attend meetings and furnish oral or written reports, as the Fund Trust may reasonably require, in order to keep the Directors Trustees and appropriate officers of the Fund Trust fully informed as to the condition of the investment portfolio of the Fund, the investment recommendations of Xxxxxx Berger Associates, and the investment considerations which have given rise to those recommendations; and (c) To supervise the purchase and sale of securities as directed by the appropriate officers of the FundTrust.