Investment and Administration Sample Clauses

Investment and Administration. The Fund shall be held, managed, administered, applied and disbursed as a scholarship fund under the general powers and duties of the Foundation. The Foundation shall have all powers necessary or in its sole discretion desirable to carry out the purposes of the Fund, including the power to invest and reinvest in such manner as it deems fit, without being subject to investment restrictions, statutory or judicial, which would otherwise be applicable as a fiduciary, along with the power to commingle the assets of the Fund with those of other funds for investment purposes so long as the Fund is allocated its appropriate shares of principal and income. The Foundation shall have a right to select appropriate organizations, committees or officers to administer the Fund. Without limiting the generality of the foregoing, the Foundation may delegate investment management discretion to investment managers, cause the assets of the Fund to be placed in trusts with investment managers including banks with fiduciary powers, and cause the assets of the Fund to be invested in so-called common or collective funds of such managers.
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Investment and Administration. The Foundation shall cause the assets of the Fund to be invested and reinvested pursuant to its governing instruments and the investment policies, practices and procedures consonant therewith as adopted from time to time by the Board of Governors. The Foundation shall have all powers necessary or in its sole discretion desirable to carry out the purposes of the Fund including the power to invest and reinvest in such manner as it deems fit, without being subject to investment restrictions, statutory or judicial, which would otherwise be applicable to a fiduciary and the power to commingle the assets of the Fund with those of other funds for investment purposes so long as the Fund is allocated its appropriate shares of principal and income. Notwithstanding the foregoing, the Foundation shall make all reasonable efforts to ensure that the assets of the Foundation are not invested in a manner resulting in the Fund having excess business holdings within the meaning of Sections 4943(c) and 4943(e) of the Internal Revenue Code.
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Investment and Administration. The Foundation shall cause the assets of the Fund to be invested and reinvested pursuant to its governing instruments and the investment policies, practices and procedures consonant therewith as adopted from time to time by the Board of Governors. The Foundation shall have all powers necessary or in its sole discretion desirable to carry out the purposes of the Fund including the power to invest and reinvest in such manner as it deems fit, without being subject to investment restrictions, statutory or judicial, which would otherwise be applicable to a fiduciary and the power to commingle the assets of the Fund with those of other funds for investment purposes so long as the Fund is allocated its appropriate shares of principal and income.
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Investment and Administration. Section 2.1 In General 2 Section 2.2 Liquidity 3 Section 2.3 Trustee's Administrative Authority 3 Section 2.4 Investment Decisions 5 Section 2.5
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Investment and Administration held in trust in accordance with the specific directions and instructions of Painx Xxxbxx xx each case; or (b) invest and reinvest the assets held in trust in accordance with the specific directions and instructions of the Investment Manager appointed by Painx Xxxbxx xxx this purpose. However, after commencement of payments to a cestui que trust who elects a Variable Annuity pursuant to Section 4.4(a) of the Plan, the Trustee shall invest and reinvest the assets held in trust in accordance with the specific written directions and instructions of the Actuary/recordkeeper given to the Trustee pursuant to Section 5.3 of this Agreement and Declaration of Trust with respect to the beneficial interest of the cestui que trust. In any event, neither the Trustee nor the Actuary/recordkeeper shall be responsible for making investment decisions with respect to the assets held in trust and, if an investment direction is not timely received by the Trustee, such portion of the assets shall be invested in a money market fund provided by the Trustee for this purpose so as to provide for daily accrual of interest.
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Investment and Administration 
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Related to Investment and Administration

  • Management and Administration 5.1 TxDOT Responsibility for Policy Decisions All policy decisions regarding use, operation and maintenance of the Project shall rest solely with TxDOT.

  • FUND ADMINISTRATION SERVICES BNY Mellon shall provide the following fund administration services for each Fund, Series and class:  Calculate Fund approved income and per share amounts required for periodic distributions to be made by the applicable Fund, Series or class;  Coordinate a Fund’s annual audit and respond timely and completely to related requests;  Cooperate with each Fund’s independent auditors;  Supply various normal and customary portfolio and Fund statistical data as requested on an ongoing basis; and  If the chief executive officer or chief financial officer of a Fund is required to provide a certification as part of the Fund’s Form N-Q or Form N-CSR filing pursuant to regulations promulgated by the SEC under Section 302 of the Xxxxxxxx-Xxxxx Act of 2002, provide a sub-certification in support of certain matters set forth in the aforementioned certification. Such sub-certification is to be in such form and relating to such matters as reasonably agreed to by BNY Mellon in advance. BNY Mellon shall be required to provide the sub-certification only during the term of this Agreement with respect to the applicable Fund or Series and only if it receives such cooperation as it may request to perform its investigations with respect to the sub-certification. For clarity, the sub-certification is not itself a certification under the Xxxxxxxx-Xxxxx Act of 2002 or under any other law, rule or regulation. REGULATORY ADMINISTRATION SERVICES BNY Mellon shall provide the following regulatory administration services for each Fund and Series:  Assist the Fund in responding to SEC examination requests by providing requested documents in the possession of BNY Mellon that are on the SEC examination request list and by making employees responsible for providing services available to regulatory authorities having jurisdiction over the performance of such services as may be required or reasonably requested by such regulatory authorities;  Assist with and/or coordinate such other filings, notices and regulatory matters and other due diligence requests or requests for proposal on such terms and conditions as BNY Mellon and the applicable Fund on behalf of itself and its Series may mutually agree upon in writing from time to time; and

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