Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund. (b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services. (c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates. (d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 74 contracts
Samples: Investment Advisory Agreement (Oppenheimer Diversified Alternatives Fund.), Investment Advisory Agreement (Oppenheimer Developing Markets Fund), Investment Advisory Agreement (Oppenheimer Emerging Markets Debt Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 49 contracts
Samples: Investment Advisory Agreement (Oppenheimer Intermediate Term Municipal Fund), Investment Advisory Agreement (Oppenheimer International Small-Mid Co Fund), Investment Advisory Agreement (Oppenheimer Short Term Municipal Fund)
Investment Management. (a) a. OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, :
(i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein c. OFI shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect OFI from which this Agreement relates, except a loss resulting by reason of OFI's willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 20 contracts
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI shall, subject to the direction and control by the FundCompany's Board of TrusteesDirectors, (i) regularly provide provide, alone or in consultation with any subadvisor or subadvisors appointed pursuant to this Agreement and subject to the provisions of any investment subadvisory agreement respecting the responsibilities of such subadvisor or subadvisors, investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 19 contracts
Samples: Investment Advisory Agreement (Panorama Series Fund, Inc), Investment Advisory Agreement (Oppenheimer Panorama Series Fund Inc), Investment Advisory Agreement (Oppenheimer Series Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 15 contracts
Samples: Investment Advisory Agreement (Oppenheimer Real Estate Fund), Investment Advisory Agreement (Oppenheimer Main Street Opportunity Fund), Investment Advisory Agreement (Oppenheimer Real Estate Fund)
Investment Management. (a) a. OFI GLOBAL shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein c. OFI GLOBAL shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect which this Agreement relates, except a loss resulting by reason of OFI from GLOBAL’s willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 14 contracts
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 13 contracts
Samples: Investment Advisory Agreement (Oppenheimer Multi-State Municipal Trust), Investment Advisory Agreement (Oppenheimer Rochester California Municipal Fund), Investment Advisory Agreement (Oppenheimer Rochester Fund Municipals)
Investment Management. (a) OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 12 contracts
Samples: Investment Advisory Agreement (Oppenheimer International Value Trust), Investment Advisory Agreement (Oppenheimer Principal Protected Trust), Investment Advisory Agreement (Oppenheimer Principal Protected Trust Ii)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) To the extent permitted by applicable law, OFI GLOBAL may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of OFI GLOBAL, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
(d) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(de) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 11 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Multi-Asset Income Fund), Investment Advisory Agreement (Ofi Funds Trust), Investment Advisory Agreement (Oppenheimer International Growth & Income Fund)
Investment Management. (a) a. OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, :
(i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) c. Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 9 contracts
Samples: Investment Advisory Agreement (Oppenheimer Multi-State Municipal Trust), Investment Advisory Agreement (Oppenheimer Multi-State Municipal Trust), Investment Advisory Agreement (Oppenheimer Select Managers Series)
Investment Management. (a) OFI a. Advisor shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) designate the identity, quantity and weighting of the securities (and amount of cash, if any) to be accepted in exchange for “creation units” of the Fund or that will be applicable that day to redemption requests received by the Fund; (iii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii( iv) arrange, subject to the provisions of paragraph "7" Section 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" Section 7 hereof, OFI Advisor may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) c. To the extent permitted by applicable law, Advisor may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of Advisor, to perform investment advisory services with respect to the Fund or any portion thereof and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
d. Provided that nothing herein shall be deemed to protect OFI Advisor from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI Advisor shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) e. Nothing in this Agreement shall prevent OFI Advisor or any officer or contractor or other related party thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI Advisor or any of its directors, officers officers, stockholders, contractors, other related parties or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI Advisor of its duties and obligations under this Agreement and under the Investment Advisers Act Act.
f. To carry out the duties and responsibilities provided hereunder, Advisor is hereby authorized, as agent and attorney-in-fact for the Trust, for the account of, at the risk of 1940and in the name of the Fund, to place orders and issue instructions for the Fund. In all purchases, sales and other transactions in securities for the Fund, Advisor is authorized to exercise full discretion and act for the Fund in the same manner and with the same force and effect as the Fund might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions.
Appears in 9 contracts
Samples: Investment Advisory Agreement (ETF Opportunities Trust), Investment Advisory Agreement (ETF Opportunities Trust), Investment Advisory Agreement (ETF Opportunities Trust)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 8 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Opportunities Fund), Investment Advisory Agreement (Oppenheimer Multi-State Municipal Trust), Investment Advisory Agreement (Oppenheimer Global Growth & Income Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI GLOBAL may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI GLOBAL under this Agreement.
(f) OFI GLOBAL shall have no investment discretion with respect to options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission (“CFTC”) except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 7 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Focus Fund), Investment Advisory Agreement (Oppenheimer Global Value Fund), Investment Advisory Agreement (Oppenheimer Global Value Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 7 contracts
Samples: Investment Advisory Agreement (Oppenheimer International Bond Fund), Investment Advisory Agreement (Oppenheimer International Bond Fund), Investment Advisory Agreement (Oppenheimer International Bond Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "78" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting acting" as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 7 contracts
Samples: Investment Advisory Agreement (Oppenheimer Growth Fund), Investment Advisory Agreement (Oppenheimer Growth Fund), Investment Advisory Agreement (Oppenheimer Core Equity Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 6 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Oppenheimer Rochester Short Duration High Yield Municipal Fund), Investment Advisory Agreement (Oppenheimer Municipal Fund), Investment Advisory Agreement (Oppenheimer LTD Term Government Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, (i) regularly provide investment advice supervise and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise monitor continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; (ii) subject to subsection (i) hereof, regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Oppenheimer Integrity Funds), Investment Advisory Agreement (Oppenheimer Integrity Funds), Investment Advisory Agreement (Oppenheimer Integrity Funds)
Investment Management. (a) a. OFI shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein c. OFI shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect OFI from which this Agreement relates, except a loss resulting by reason of OFI’s willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Oppenheimer Corporate Bond Fund), Investment Advisory Agreement (Oppenheimer Currency Opportunities Fund), Investment Advisory Agreement (Oppenheimer Short Duration Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any entity controlling, controlled by or under common control with OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Oppenheimer Real Estate Fund), Investment Advisory Agreement (Oppenheimer Real Estate Fund), Investment Advisory Agreement (Oppenheimer Real Estate Fund)
Investment Management. (a) OFI a. Advisor shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) designate the identity, quantity and weighting of the securities (and amount of cash, if any) to be accepted in exchange for “creation units” of the Fund or that will be applicable that day to redemption requests received by the Fund; (iii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii( iv) arrange, subject to the provisions of paragraph "7" Section 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" Section 7 hereof, OFI Advisor may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
c. The Advisor may, from time to time, hire one or more sub-advisers, including, without limitation, affiliates of Advisor, to perform investment advisory services with respect to the Fund(s) or any portion thereof. In addition, the Advisor has the authority to (ci) select new or additional sub-advisers for each Fund, (ii) enter into and materially modify existing sub-advisory agreements, and (iii) terminate and replace any sub-adviser. Each such action described in this paragraph is subject to the approval of the Board of Trustees, including a majority of the Trustees of the Trust who are not “interested persons” (as defined in the Investment Company Act) of the Trust or the Advisor, and the terms of any applicable exemptive relief obtained from the Commission. The retention of a sub-adviser by the Advisor shall not relieve the Advisor of its responsibilities under this Agreement.
d. Provided that nothing herein shall be deemed to protect OFI Advisor from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI Advisor shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) e. Nothing in this Agreement shall prevent OFI Advisor or any officer or contractor or other related party thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI Advisor or any of its directors, officers officers, stockholders, contractors, other related parties or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI Advisor of its duties and obligations under this Agreement and under the Investment Advisers Act Act.
f. To carry out the duties and responsibilities provided hereunder, Advisor is hereby authorized, as agent and attorney-in-fact for the Trust, for the account of, at the risk of 1940and in the name of the Fund, to place orders and issue instructions for the Fund. In all purchases, sales and other transactions in securities for the Fund, Advisor is authorized to exercise full discretion and act for the Fund in the same manner and with the same force and effect as the Fund might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions.
Appears in 6 contracts
Samples: Investment Advisory Agreement (ETF Opportunities Trust), Investment Advisory Agreement (ETF Opportunities Trust), Investment Advisory Agreement (ETF Opportunities Trust)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Opportunities Fund), Investment Advisory Agreement (Oppenheimer Multi-State Municipal Trust), Investment Advisory Agreement (Oppenheimer Global Opportunities Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any entity controlling, controlled by or under common control with OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer International Equity Fund), Investment Advisory Agreement (Oppenheimer International Value Fund), Investment Advisory Agreement (Oppenheimer International Value Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer or affiliate thereof from acting as investment adviser for any other person, firm firm, fund, corporation or corporation other entity and shall not in any way limit or restrict OFI or any of its directors, officers officers, employees or employees affiliates from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund), Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund), Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities and other instruments; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement Agreement.
(e) OFI may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a subadviser to assume certain or all of the responsibilities and obligations of OFI under this Agreement.
(f) OFI shall have no investment discretion with respect to futures contracts, options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission ("CFTC") except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Investment Advisers Act of 1940Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Commodity Strategy Total Return Fund), Investment Advisory Agreement (Oppenheimer Real Asset Fund), Investment Advisory Agreement (Oppenheimer Real Asset Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Strategic Income Fund), Investment Advisory Agreement (Oppenheimer Cash Reserves), Investment Advisory Agreement (Oppenheimer Strategic Income Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund Funds with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Funds and the composition of its portfolio and determine what securities shall be purchased or sold by the FundFunds; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund Funds and the sale of securities and other investments held in the portfolio of the FundFunds.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Portfolio Series), Investment Advisory Agreement (Oppenheimer Portfolio Series), Investment Advisory Agreement (Oppenheimer Portfolio Series)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "78" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "78" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, OFI shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of OFI relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from against any liability to the Fund or its security holders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund), Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund), Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund)
Investment Management. (a) a. OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, :
(i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein c. OFI shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect OFI from which this Agreement relates, except a loss resulting by reason of OFI's willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI The Manager shall, subject to the direction and control by the Fund's Board of Trustees, Trustees (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "76" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund. The Manager shall also conduct investigations and research in the securities field and furnish to the Fund's Board of Trustees statistical and other factual information and reports on industries, businesses or corporations, to assist the Manager and the Fund's Board of Trustees in furthering the investment policies of the Fund; and the Manager shall compile, for its use and that of the Fund, and furnish to the Fund's Board of Trustees, information and advice on economic and business trends, and render such other complete investment management services as may be necessary or appropriate to effectuate the investment of the resources of the Fund through the acquisition, holding and disposition of portfolio securities.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "76" hereof, OFI the Manager may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, the Manager shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of the Manager relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from the Manager against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Manager or any officer thereof from acting as investment adviser or performing management services for any other person, firm or corporation and shall not in any way limit or restrict OFI the Manager or any of its directors, officers officers, shareholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Manager of its duties and obligations under this Agreement and under Agreement, nor adversely affect the Investment Advisers Act of 1940Fund.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Capital Income Fund), Investment Advisory Agreement (Oppenheimer Capital Income Fund), Investment Advisory Agreement (Oppenheimer Capital Income Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Oppenheimer Rochester Amt-Free Municipal Fund), Investment Advisory Agreement (Oppenheimer Rochester Amt-Free Municipal Fund), Investment Advisory Agreement (Oppenheimer Rochester Amt-Free Municipal Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Strategic Income Fund), Investment Advisory Agreement (Oppenheimer Cash Reserves), Investment Advisory Agreement (Oppenheimer Cash Reserves)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "78" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Small Cap Fund), Investment Advisory Agreement (Oppenheimer Stable Value Fund), Investment Advisory Agreement (Oppenheimer Capital Preservation Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, (i) regularly provide investment advice supervise and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise monitor continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; (ii) subject to subsection (i) hereof, regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Integrity Funds), Investment Advisory Agreement (Oppenheimer Integrity Funds), Investment Advisory Agreement (Oppenheimer Integrity Funds)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the FundCompany; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for by the Fund Company and the sale of securities and other investments held in the portfolio of the FundCompany's portfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisers to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Quest for Value Dual Purpose Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Capital Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Capital Value Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI under this Agreement.
(f) OFI shall have no investment discretion with respect to options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission ("CFTC") except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Sma Core Bond Fund), Investment Advisory Agreement (Oppenheimer Baring SMA International Fund), Investment Advisory Agreement (Oppenheimer SMA International Bond Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 6 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Municipal Fund), Investment Advisory Agreement (Oppenheimer Limited Term Government Fund), Investment Advisory Agreement (Oppenheimer Municipal Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Champion Income Fund), Investment Advisory Agreement (Oppenheimer Champion Income Fund/Ny), Investment Advisory Agreement (Oppenheimer Champion Income Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer International Small-Mid Co Fund), Investment Advisory Agreement (Oppenheimer Discovery Mid Cap Growth Fund), Investment Advisory Agreement (Oppenheimer Rochester Short Term Municipal Fund)
Investment Management. (a) OFI a. VTL shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI VTL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) c. To the extent permitted by applicable law, VTL may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of VTL, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
d. Provided that nothing herein shall be deemed to protect OFI VTL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI VTL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) e. Nothing in this Agreement shall prevent OFI VTL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI VTL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI VTL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Revenue Weighted ETF Trust), Investment Advisory Agreement (Oppenheimer Revenue Weighted ETF Trust), Investment Advisory Agreement (Oppenheimer Revenue Weighted ETF Trust)
Investment Management. (a) OFI The Manager shall, subject to the direction and control by the Fund's Board of Trustees, separately with respect to each Portfolio: (i) regularly provide investment advice and recommendations to the Fund with respect to its it's investments, investment policies policies, and the purchase and sale of securitiessecurities and commodities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what the securities shall and commodities to be purchased or sold by the Fund and the portion, if any, of the Fund's assets to be held uninvested; and (iii) arrange, subject to the provisions of paragraph "7" Section 6 hereof, for the purchase and sale of securities securities, commodities and other investments for the Fund and the sale of securities and other investments held in the portfolio of by the Fund.
(b) Provided The Manager may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisers in order to obtain specialized services; provided, however, that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" Section 5 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as the Manager shall have acted with due care and in good faith, the Manager shall not be liable to the Fund or its shareholders for any error in judgment, mistake of law, or any other act or omission in the course of or connected with, rendering services hereunder, including without limitation, any losses which may be sustained by the Fund or its shareholders as a result of the purchase, holding, redemption, or sale of any security by the Fund irrespective of whether the determinations of the Manager relative thereto shall have been based, in whole or in part, upon the investigation, research or recommendation of any other individual, firm or corporation believed by the Manager to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from the Manager against any liability to the Fund or its shareholders arising out of the Manager's willful misfeasance, bad faith faith, or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Manager, any parent, subsidiary or affiliate, or any director or officer thereof thereof, from acting as investment adviser for any other person, firm firm, or corporation corporation, and shall not in any way limit or restrict OFI the Manager or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or commodities for its or their own account or for the account of others for whom it or they may be acting, provided that if such activities will not adversely affect or otherwise impair the performance by OFI the Manager of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Occ Accumulation Trust), Investment Advisory Agreement (Occ Accumulation Trust), Investment Advisory Agreement (Occ Accumulation Trust)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Trust shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Oppenheimer Limited Term New York Municipal Fund), Investment Advisory Agreement (Oppenheimer Limited Term New York Municipal Fund), Investment Advisory Agreement (Oppenheimer Convertible Securities Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm fm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Select Fund), Investment Advisory Agreement (Oppenheimer Main Street Opportunity Fund), Investment Advisory Agreement (Oppenheimer Main Street Opportunity Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Quest International Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest International Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Global Value Fund Inc)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer or affiliate thereof from acting as investment adviser for any other person, firm firm, fund, corporation or corporation other entity and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, employees or employees affiliates from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund), Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund), Investment Advisory Agreement (Oppenheimer Senior Floating Rate Fund)
Investment Management. (a) OFI The Advisor shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, separately with respect to each Portfolio: (i) regularly Regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities and other investments; (ii) supervise Supervise continuously the investment program of the Fund and the composition of its portfolio and determine what the securities shall and other investments to be purchased or sold by the Fund and the portion, if any, of the Fund's assets to be held uninvested; and (iii) arrange, subject to the provisions of paragraph "7" hereof, Arrange for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of by the Fund.
(b) Provided The Advisor may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into subadvisory agreements with other affiliated or unaffiliated registered investment advisors in order to obtain specialized services, provided, however, that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" Section 5 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein So long as the Advisor shall have acted with due care and in good faith, the Advisor shall not be liable to the Fund or its shareholders for any error in judgment, mistake of law or any other act or omission in the course of or connected with rendering services hereunder, including without limitation any losses which may be sustained by the Fund or its shareholders as a result of the purchase, retention, redemption or sale of any security or other investment by the Fund irrespective of whether the determinations of the Advisor relative thereto shall have been based, in whole or in part, upon the investigation, research or recommendation of any other individual, firm or corporation believed by the Advisor to be reliable. Nothing contained herein, however, shall be deemed construed to protect OFI from the Advisor against any liability to the Fund or its shareholders arising out of the Advisor's willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Advisor, any parent, subsidiary or affiliate, or any director or officer thereof thereof, from acting as investment adviser advisor for any other person, firm or corporation and shall not in any way limit or restrict OFI the Advisor or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or commodities for its or their own account or for the account accounts of others for whom it or they may be acting, provided that if such activities will not adversely affect or otherwise impair the performance by OFI the Advisor of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Advisory Agreement (Occ Cash Reserves Inc), Advisory Agreement (Occ Cash Reserves), Advisory Agreement (Occ Cash Reserves)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Funds), Investment Advisory Agreement (Oppenheimer Main Street Funds), Investment Advisory Agreement (Oppenheimer Main Street Funds)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Small Cap Fund), Investment Advisory Agreement (Oppenheimer Main Street Small Cap Fund), Investment Advisory Agreement (Oppenheimer Main Street Small Cap Fund)
Investment Management. (a) OFI The Manager shall, subject to the direction and control by the Fund's Board of Trustees, Directors (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "76" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund. The Manager shall also conduct investigations and research in the securities field and furnish to the Fund's Board of Directors statistical and other factual information and reports on industries, businesses or corporations, to assist the Manager and the Fund's Board of Directors in furthering the investment policies of the Fund; and the Manager shall compile, for its use and that of the Fund, and furnish to the Fund's Board of Directors, information and advice on economic and business trends, and render such other complete investment management services as may be necessary or appropriate to effectuate the investment of the resources of the Fund through the acquisition, holding and disposition of portfolio securities.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 6 hereof, OFI the Manager may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, the Manager shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of the Manager relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from the Manager against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the manager or any officer thereof from acting as investment adviser or performing management services for any other person, firm or corporation and shall not in any way limit or restrict OFI the Manager or any of its directors, officers officers, shareholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Manager of its duties and obligations under this Agreement and under Agreement, nor adversely affect the Investment Advisers Act of 1940Fund.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Equity Fund Inc), Investment Advisory Agreement (Oppenheimer Equity Fund Inc), Investment Advisory Agreement (Oppenheimer Equity Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Rising Dividends Fund), Investment Advisory Agreement (Oppenheimer Rising Dividends Fund), Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer International Large Cap Core Trust), Investment Advisory Agreement (Oppenheimer International Large Cap Core Trust), Investment Advisory Agreement (Oppenheimer International Large Cap Core Trust)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940, as amended.
(e) OFI GLOBAL may, at its option and subject to approval by the Directors of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI GLOBAL under this Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Master Inflation Protected Securities Fund, LLC), Investment Advisory Agreement (Oppenheimer Master Inflation Protected Securities Fund, LLC), Investment Advisory Agreement (Oppenheimer Master Event-Linked Bond Fund, LLC)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for each Series; (ii) supervise continuously the investment program of each Series of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fundeach Series.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Trinity Core Fund), Investment Advisory Agreement (Oppenheimer Trinity Value Fund), Investment Advisory Agreement (Oppenheimer Trinity Growth Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI GLOBAL may, at its option and subject to approval by the Directors of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI GLOBAL under this Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Master International Value Fund, LLC), Investment Advisory Agreement (Oppenheimer Master International Value Fund, LLC), Investment Advisory Agreement (Oppenheimer Master Loan Fund, LLC)
Investment Management. (a) OFI STEELPATH shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI STEELPATH may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) To the extent permitted by applicable law, OFI STEELPATH may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of OFI STEELPATH, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
(d) Provided that nothing herein shall be deemed to protect OFI STEELPATH from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI STEELPATH shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(de) Nothing in this Agreement shall prevent OFI STEELPATH or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI STEELPATH or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI STEELPATH of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 3 contracts
Samples: Investment Advisory Agreement (OFI SteelPath Series Trust), Investment Advisory Agreement (Oppenheimer SteelPath Panoramic Fund), Investment Advisory Agreement (Oppenheimer SteelPath Energy Equity Fund)
Investment Management. (a) a. OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein . c. OFI shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect OFI from which this Agreement relates, except a loss resulting by reason of OFI's willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) . d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI GLOBAL may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a subadviser to assume certain or all of the responsibilities and obligations of OFI GLOBAL under this Agreement.
(f) OFI GLOBAL shall have no investment discretion with respect to options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission (“CFTC”) except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Multi Strategies Fund), Investment Advisory Agreement (Oppenheimer Global Multi Strategies Fund), Investment Advisory Agreement (Oppenheimer Global Multi Strategies Fund)
Investment Management. (a) OFI Global shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI Global may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI Global from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI Global shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI Global or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI Global or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI Global of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Oppenheimer Global Multi-Alternatives Fund.), Investment Advisory Agreement (Oppenheimer Diversified Alternatives Fund.), Investment Advisory Agreement (Oppenheimer Diversified Alternatives Fund.)
Investment Management. (a) OFI OMC shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities for each Series; (ii) supervise continuously the investment program of each Series of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for each Series of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundeach Series.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI OMC may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI OMC from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI OMC shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI OMC or any entity controlling, controlled by or under common control with OMC or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI OMC or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI OMC of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Quest for Value Fund Inc), Investment Advisory Agreement (Quest for Value Global Equity Fund Inc)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, duties or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Small- & Mid-Cap Fund), Investment Advisory Agreement (Oppenheimer Main Street Small- & Mid-Cap Fund)
Investment Management. (a) a. OFI shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) c. To the extent permitted by applicable law, OFI may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of OFI, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
d. Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) e. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer ETF Trust), Investment Advisory Agreement (Oppenheimer Revenue Weighted ETF Trust)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities for the Fund; (ii) develop, implement and supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or and sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale or redemption of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation for services other than as provided by the terms of this Agreement and subject to Agreement, including the provisions of paragraph "7" 6 hereof, OFI may may: (i) obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services; and (ii) enter into investment sub-advisory agreements with any registered investment advisers affiliated with OFI, subject to such approvals of the Board and Members as may be required to comply with applicable provisions of the Investment Company Act, to provide any or all of the investment advisory services required to be provided by OFI under this Agreement.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions of OFI or any affiliate of OFI, or their respective directors, officers or employees, in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer affiliate thereof from acting as investment adviser for any other person, firm firm, fund, corporation or corporation other entity and shall not in any way limit or restrict OFI OFI, or any of its affiliates, or their respective directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will do not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 19401940 and further provided that such activities do not violate any provisions of the codes of ethics of OFI and its affiliates governing personal securities trading by persons who are "access persons," as defined by such codes, of the Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Tremont Market Neutral Fund LLC), Investment Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC)
Investment Management. (a) OFI OMC shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI OMC may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI OMC from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI OMC shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI OMC or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI OMC or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI OMC of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Enterprise Fund), Investment Advisory Agreement (Oppenheimer International Growth Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund's portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer California Municipal Fund), Investment Advisory Agreement (Oppenheimer California Municipal Fund)
Investment Management. (a) OFI The Manager shall, subject to the direction and control by the Fund's ’s Board of Trustees, Trustees (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" “6” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund. The Manager shall also conduct investigations and research in the securities field and furnish to the Fund’s Board of Trustees statistical and other factual information and reports on industries, businesses or corporations, to assist the Manager and the Fund’s Board of Trustees in furthering the investment policies of the Fund; and the Manager shall compile, for its use and that of the Fund, and furnish to the Fund’s Board of Trustees, information and advice on economic and business trends, and render such other complete investment management services as may be necessary or appropriate to effectuate the investment of the resources of the Fund through the acquisition, holding and disposition of portfolio securities.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" “6” hereof, OFI the Manager may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, the Manager shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of the Manager relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from the Manager against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Manager or any officer thereof from acting as investment adviser or performing management services for any other person, firm or corporation and shall not in any way limit or restrict OFI the Manager or any of its directors, officers officers, shareholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Manager of its duties and obligations under this Agreement and under Agreement, nor adversely affect the Investment Advisers Act of 1940Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Capital Income Fund), Investment Advisory Agreement (Oppenheimer Capital Income Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the FundCorporation's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Corporation shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Main Street Funds Inc), Investment Advisory Agreement (Oppenheimer Main Street Funds Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the FundCompany; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for by the Fund Company and the sale of securities and other investments held in the portfolio of the FundCompany's portfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Equity Income Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Capital Value Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Emerging Technologies Fund), Investment Advisory Agreement (Oppenheimer Emerging Technologies Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Money Market Fund Inc), Investment Advisory Agreement (Oppenheimer Money Market Fund Inc)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Amt-Free Municipals), Investment Advisory Agreement (Oppenheimer Amt-Free Municipals)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI may, at its option and subject to approval by the Directors of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI under this Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Master Loan Fund, LLC), Investment Advisory Agreement (Oppenheimer Master International Value Fund, LLC)
Investment Management. (a) OFI The Manager shall, subject to the direction and control by the Fund's ’s Board of Trustees, Trustees (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" “6” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund. The Manager shall also conduct investigations and research in the securities field and furnish to the Fund’s Board of Trustees statistical and other factual information and reports on industries, businesses or corporations, to assist the Manager and the Fund’s Board of Trustees in furthering the investment policies of the Fund; and the Manager shall compile, for its use and that of the Fund, and furnish to the Fund’s Board of Trustees, information and advice on economic and business trends, and render such other complete investment management services as may be necessary or appropriate to effectuate the investment of the resources of the Fund through the acquisition, holding and disposition of portfolio securities.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 6 hereof, OFI the Manager may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, the Manager shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of the Manager relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from the Manager against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the manager or any officer thereof from acting as investment adviser or performing management services for any other person, firm or corporation and shall not in any way limit or restrict OFI the Manager or any of its directors, officers officers, shareholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Manager of its duties and obligations under this Agreement and under Agreement, nor adversely affect the Investment Advisers Act of 1940Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Equity Fund), Investment Advisory Agreement (Oppenheimer Equity Fund)
Investment Management. (a) OFI The Adviser shall, subject to the direction supervision and control by of the Fund's Board of TrusteesBoard, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities for the Fund; (ii) develop, implement and supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or and sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale or redemption of securities and other investments held in the portfolio of the Fund; and (iv) take such further actions with respect to the foregoing as the Adviser shall deem necessary or advisable.
(b) Provided Notwithstanding subparagraph 2(a), and provided that the Fund shall not be required to pay any compensation for services other than as provided by the terms of this Agreement and subject to Agreement, including the provisions of paragraph "7" 6 hereof, OFI may the Adviser may:
(i) obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services; and (ii) enter into investment sub-advisory agreements with any registered investment advisers, subject to such approvals of the Board and investors of the Fund ("Investors") as may be required to comply with applicable provisions of the Investment Company Act, to provide the Fund with any or all of the investment advisory services required to be provided by the Adviser under this Agreement.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Adviser or any officer affiliate thereof from acting as investment adviser for any other person, firm firm, fund, corporation or corporation other entity and shall not in any way limit or restrict OFI the Adviser, or any of its affiliates, or their respective directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will do not adversely affect or otherwise impair the performance by OFI the Adviser of its duties and obligations under this Agreement and under the Investment Advisers Act Act. To the extent that the purchase or sale of 1940securities or other investments of the same issuer may be deemed by the Adviser (or any affiliate) to be suitable for two or more accounts managed by the Adviser (or any affiliate), the available securities or investments may be allocated in a manner believed by the Adviser (or the affiliate) to be equitable to each account. It is recognized that in some cases this procedure may adversely affect the price paid or received by the Fund or the size of the position obtainable for or disposed of by the Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC), Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities for the Fund; (ii) develop, implement and supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or and sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale or redemption of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation for services other than as provided by the terms of this Agreement and subject to Agreement, including the provisions of paragraph "7" 6 hereof, OFI may may: (i) obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services; and (ii) enter into investment sub-advisory agreements with any registered investment advisers affiliated with OFI, subject to such approvals of the Board and Members as may be required to comply with applicable provisions of the Investment Company Act, to provide any or all of the investment advisory services required to be provided by OFI under this Agreement.
(cd) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions of OFI or any affiliate of OFI, or their respective directors, officers or employees, in connection with any matters to which this Agreement relates.
(de) Nothing in this Agreement shall prevent OFI or any officer affiliate thereof from acting as investment adviser for any other person, firm firm, fund, corporation or corporation other entity and shall not in any way limit or restrict OFI OFI, or any of its affiliates, or their respective directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will do not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 19401940 and further provided that such activities do not violate any provisions of the codes of ethics of OFI and its affiliates governing personal securities trading by persons who are "access persons," as defined by such codes, of the Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC), Investment Advisory Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Rochester Fund Municipals), Investment Advisory Agreement (Rochester Fund Municipals)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Company’s Board of Trustees, (i) regularly provide provide, alone or in consultation with any subadvisor or subadvisors appointed pursuant to this Agreement and subject to the provisions of any investment subadvisory agreement respecting the responsibilities of such subadvisor or subadvisors, investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Panorama Series Fund), Investment Advisory Agreement (Panorama Series Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for by the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any entity controlling, controlled by or under common control with OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directorsTrustees, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Equity Income Fund), Investment Advisory Agreement (Oppenheimer Equity Income Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" “8” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" “8” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing So long as it shall have acted with due care and in good faith, OFI GLOBAL shall not be liable for any loss sustained by reason of any investment, the adoption of any investment policy, or the purchase, sale or retention of any security irrespective of whether the determinations of OFI GLOBAL relative thereto shall have been based, wholly or partly, upon the investigation or research of any other individual, firm or corporation believed by it to be reliable. Nothing herein shall contained shall, however, be deemed construed to protect OFI from GLOBAL against any liability to the Fund or its security holders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund), Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund)
Investment Management. (a) OFI Global shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI Global may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI Global from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI Global shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI Global or any entity controlling, controlled by or under common control with OFI Global or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI Global or any of its directorsTrustees, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI Global of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Rising Dividends Fund), Investment Advisory Agreement (Oppenheimer Rising Dividends Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Baring China Fund), Investment Advisory Agreement (Oppenheimer Baring Japan Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase and sale of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services, including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Emerging Technologies Fund), Investment Advisory Agreement (Oppenheimer Emerging Technologies Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) To the extent permitted by applicable law, OFI may, from time to time in its sole discretion, appoint one or more sub-advisers, including, without limitation, affiliates of OFI, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub-advisers at any time to the extent permitted by applicable law.
(d) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(de) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer High Yield Opportunities Fund), Investment Advisory Agreement (Oppenheimer Global High Yield Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any entity controlling, controlled by or under common control with OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Oppenheimer Quest International Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest International Value Fund Inc)
Investment Management. (a) a. OFI shall, subject to the direction and control by the FundTrust's Board of Trustees, :
(i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) c. To the extent permitted by applicable law, OFI may, from time to time in its sole discretion, appoint one or more sub- advisers, including, without limitation, affiliates of OFI, to perform investment advisory services with respect to the Fund and may, in its sole discretion, terminate any or all such sub- advisers at any time to the extent permitted by applicable law.
d. Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) e. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer ETF Trust)
Investment Management. (a) OFI OMC shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for the Fund; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI OMC may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI OMC from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI OMC shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI OMC or any entity controlling, controlled by or under common control with OMC or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI OMC or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI OMC of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Rochester Fund Municipals)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940, as amended.
(e) OFI may, at its option and subject to approval by the Directors of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of OFI under this Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Master Event-Linked Bond Fund, LLC)
Investment Management. (a) OFI The Adviser shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI the Adviser may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI the Adviser from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI the Adviser shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Adviser or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI the Adviser or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Adviser of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940, as amended.
(e) The Adviser may, at its option and subject to approval by the Directors of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a sub-adviser to assume certain or all of the responsibilities and obligations of the Adviser under this Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer SteelPath Master MLP Fund, LLC)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Emerging Growth Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Portfolio Series Fixed Income Active Allocation Fund)
Investment Management. (a) OFI OMC shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securitiessecurities and other investments for each Series; (ii) supervise continuously the investment program of each Series of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for each Series of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundeach Series.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI OMC may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI OMC from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI OMC shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI OMC or any entity controlling, controlled by or under common control with OMC or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI OMC or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities or other investments for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI OMC of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Quest for Value Family of Funds)
Investment Management. (a) a. OFI shall, subject to the direction and control by the Fund's Trust’s Board of Trustees, : (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) b. Provided that the Fund Trust shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein c. OFI shall not be deemed liable for any loss sustained by the Trust and/or the Fund in connection with matters to protect OFI from which this Agreement relates, except a loss resulting by reason of OFI’s willful misfeasance, bad faith or gross negligence in the performance of its duties, ; or by reason of its reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) d. Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Act.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Emerging Technologies Fund)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securitiessecurities and other instruments; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI GLOBAL or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement Agreement.
(e) OFI GLOBAL may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a subadviser to assume certain or all of the responsibilities and obligations of OFI GLOBAL under this Agreement.
(f) OFI GLOBAL shall have no investment discretion with respect to futures contracts, options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission (“CFTC”) except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Investment Advisers Act of 1940Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Commodity Strategy Total Return Fund)
Investment Management. (a) OFI shall, subject Subject to the direction and control oversight by the Fund's Board of TrusteesDirectors, the Adviser shall: (i) regularly provide investment advice and recommendations to the each Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the each Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" Section 7 hereof, for the purchase of securities and other investments for the each Fund and the sale of securities and other investments investment held in on the portfolio of the each Fund.
(b) Provided that the no Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" Section 7 hereof, OFI the Adviser may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI the Adviser from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI the Adviser shall not be liable for any loss sustained by reason of good faith errors or omissions omission in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI the Adviser or any officer thereof of its officers from acting as an investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI the Adviser or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI the Adviser of its duties and obligations under this Agreement and Agreement, under the Investment Company Act and the rules thereunder or under the Advisers Act of 1940or the rules thereunder.
Appears in 1 contract
Samples: Investment Advisory Agreement (Our Street Funds, Inc.)
Investment Management. (a) OFI OMC shall, subject to the direction and control by the Fund's Board of TrusteesDirectors, (i) regularly provide investment advice advise and recommendations to the Fund Company with respect to its the investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund Company and the composition of its portfolio and determine what securities shall be purchased or sold by the Fundby; and (iiiand(iii) arrange, subject to the provisions of paragraph "7" 7 hereof, for the purchase of securities and other investments for of the Fund Company and the sale of securities and other investments held in the portfolio of the Fundportfolio.
(b) Provided that the Fund Company shall not be required to pay any compensation for services under this Agreement other than as provided by the terms of this the Agreement and subject to the provisions of paragraph "7" 7 hereof, OFI OMC may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services including entering into sub-advisory agreements with other affiliated or unaffiliated registered investment advisors to obtain specialized services.
(c) Provided that nothing herein shall be deemed to protect OFI OMC from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI OMC shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI OMC or any entity controlling, controlled by or under common control with OMC or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI OMC or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI OMC of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Quest Global Value Fund Inc)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of TrusteesDirectors, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Money Market Fund Inc)
Investment Management. (a) OFI GLOBAL shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI GLOBAL may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI GLOBAL from liability for willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI GLOBAL shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI GLOBAL or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI GLOBAL or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI GLOBAL of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Intermediate Income Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "“7" ” hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "“7" ” hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not in any way limit or restrict OFI or any of its directors, officers or employees from buying, selling or trading any securities for its own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940.
(e) OFI may, at its option and subject to approval by the Trustees of the Fund, and to the extent necessary, the shareholders of the Fund, appoint a subadviser to assume certain or all of the responsibilities and obligations of OFI under this Agreement.
(f) OFI shall have no investment discretion with respect to options or futures contracts, or other instruments regulated by the Commodity Futures Trading Commission (“CFTC”) except, to the extent permitted by or consistent with Rule 4.5 and Rule 4.14 promulgated under the Commodity Exchange Act, or as otherwise permitted by applicable law, regulation or regulatory relief.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer Absolute Return Fund)
Investment Management. (a) OFI shall, subject to the direction and control by the Fund's ’s Board of Trustees, (i) regularly provide investment advice and recommendations to the Fund with respect to its investments, investment policies and the purchase and sale of securities; (ii) supervise continuously the investment program of the Fund and the composition of its portfolio and determine what securities shall be purchased or sold by the Fund; and (iii) arrange, subject to the provisions of paragraph "7" 6 hereof, for the purchase of securities and other investments for the Fund and the sale of securities and other investments held in the portfolio of the Fund’s portfolio.
(b) Provided that the Fund shall not be required to pay any compensation other than as provided by the terms of this Agreement and subject to the provisions of paragraph "7" 6 hereof, OFI may obtain investment information, research or assistance from any other person, firm or corporation to supplement, update or otherwise improve its investment management services.
(c) Provided that nothing herein shall be deemed to protect OFI from willful misfeasance, bad faith or gross negligence in the performance of its duties, or reckless disregard of its obligations and duties under the this Agreement, OFI shall not be liable for any loss sustained by reason of good faith errors or omissions in connection with any matters to which this Agreement relates.
(d) Nothing in this Agreement shall prevent OFI or any officer thereof from acting as investment adviser for any other person, firm or corporation and shall not or in any way limit or restrict OFI or any of its directors, officers officers, stockholders or employees from buying, selling or trading any securities for its or their own account or for the account of others for whom it or they may be acting, provided that such activities will not adversely affect or otherwise impair the performance by OFI of its duties and obligations under this Agreement and under the Investment Advisers Act of 1940Agreement.
Appears in 1 contract
Samples: Investment Advisory Agreement (Oppenheimer LTD Term Government Fund)