Common use of INVESTMENT OF FUND ASSETS Clause in Contracts

INVESTMENT OF FUND ASSETS. The Foundation shall hold, manage, invest and reinvest the assets of the Fund (including principal, interest, dividends, capital appreciation, and any undistributed income) as part of the Foundation’s investment portfolio consistent with the Foundation’s investment policy. The Foundation does not guarantee that the Fund will earn any particular rate of return. The Foundation shall not be liable for any diminution in the value of the Fund, including, but not limited to any losses that may result from the investment of the fund.

Appears in 13 contracts

Samples: nevadafund.org, nevadafund.org, Endowment Fund Agreement

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