Investment Responsibilities. The Account Owner will control and manage the investment of the Custodial Account except insofar as the Account Owner delegates investment authority over part or all of the Custodial Account assets to one or more investment managers or other Authorized Agents. Account Owner grants to the Custodian all powers reasonably necessary to carry out its investment and other duties under this Agreement, and Account Owner agrees to furnish the Custodian with such information and Instructions as may be necessary to carry out the provisions of this Agreement and to enable the Custodian to fulfill all legal and regulatory reporting requirements. The investment options available within the Custodial Account will be permissible investments under the applicable laws and Regulations. The available investment options may change from time to time and the Account Owner may move his or her monies in the Custodial Account to different investment options available under the Custodial Account. Any investment changes within the Custodial Account are subject to the terms and conditions of the investments, including but not limited to minimum deposit requirements and early redemption penalties. Account Owner acknowledges that a wide array of investment options is made available for the investment of funds held in the HSA. Account Owner understands and agrees that the Custodian is not providing any investment advice to Account Owner or any Authorized Agent and that Custodian is not an investment adviser registered under the Investment Advisers Act of 1940. Account Owner also acknowledges that some of the mutual funds or other investment options that are offered for purchase in the HSA may pay marketing and administrative services or other “revenue sharing” fees, including but not limited to so-called “12b-1” fees, to the Custodian in connection with an investment in such funds. No investment transaction for the Custodial Account that is to be processed by the Custodian at the direction of the Account Owner or an Authorized Agent will be processed until the Custodian receives the Instruction in proper form. Investment transactions will be processed either as soon as administratively practicable thereafter or, if later, on the scheduled date for processing. The Custodian may rely conclusively on all Instructions given by the Account Owner or Authorized Agent which the Custodian believes to be genuine. The Custodian’s records of a transaction will be conclusive as the content of any Ins...
Investment Responsibilities. All investment decisions are the sole responsibility of the Depositor and the Depositor is responsible for directing the Custodian in writing, or other acceptable form and manner authorized by the Custodian, regarding how all amounts are to be invested. The Custodian will determine the investments available within the Custodial Account. These investments will be permissible investments under the applicable laws and Regulations. The Custodian may change its investment options from time to time and the Depositor may move his or her monies in the Custodial Account to different investments. Any investment changes within the Custodial Account are subject to the terms and conditions of the investments, including but not limited to minimum deposit requirements and early redemption penalties.
Investment Responsibilities. All investment decisions are the sole responsibility of the Depositor and the Depositor is responsible for directing the Custodian in writing, or other acceptable form and manner authorized by the Custodian, regarding how all amounts are to be invested. The Custodian will determine the investments available within the Custodial Account. These investments will be permissible investments under the applicable laws and Regulations. The Custodian may change its investment options from time to time and the Depositor may move his or her monies in the Custodial Account to different
Investment Responsibilities. Initial investment decisions are the responsibility of the Depositor and the Depositor is responsible to direct the Custodian in writing, or other acceptable form and manner authorized by the Custodian, regarding how all amounts are to be invested. Consistent with Article IV, the Responsible Individual may redirect the Custodian regarding the investment of contributions and earnings. Subject to the policies and practices of the Custodian, the Responsible Individual may delegate investment authority by appointing an Authorized Agent in writing in a form and manner acceptable to the Custodian. Upon receipt of instructions from the Responsible Individual and proof of acceptance by the Authorized Agent, the Custodian will accept investment direction and may fully rely on those instructions as if the Custodian had received the instructions from the Responsible Individual.
Investment Responsibilities. The Manager shall provide investment supervision of the Investment Portfolio and shall have full power and complete discretion to make any purchase, sale and retention decisions in the Account within the restrictions set forth in this Agreement. In so doing, the Manager may rely on the information provided by the Client relating to the Client and the Investment Portfolio as provided to the Manager. The Client will retain ownership of all assets in the Investment Portfolio.
Investment Responsibilities. The Company may (but need not) appoint an Investment Manager or Managers to manage (including the power to acquire and dispose of) all or any of the assets of the Trust Fund. In the event of any such appointment, the Company shall establish the portion of the assets of the Trust Fund which shall be subject to the management of the Investment Manager and shall so notify the Trustee in writing. Likewise, the Company may establish that all or a portion of the assets of the Trust Fund shall be subject to the investment jurisdiction of the Company itself and shall advise the Trustee of such determination. With respect to such assets over which either an Investment Manager or the Company has investment responsibility, the Investment Manager or the Company shall possess all of the investment and administrative power and responsibilities granted to the Trustee hereunder, including the power to hold the indicia of ownership of any investment in a collective trust fund, and the Trustee shall invest and reinvest such assets pursuant to the written directions of the Investment Manager or the Company. If the Company so directs, an Investment Manager shall have the power to acquire and dispose of assets in the name of the Trust. The investment jurisdiction of the Company may be exercised in any manner consonant with its duties as a fiduciary, including --
(a) directing the Investment Manager or the Trustee that certain investments or types of investments be made or liquidated;
(b) directing the Investment Manager or the Trustee that certain investments or types of investments not be made; and
(c) requiring that the Trustee or the Investment Manager obtain approval prior to acquiring or disposing of any asset. The Trustee shall have no investment responsibility with respect to the assets subject to the investment responsibility of an Investment Manager or the Company, and shall have no duty to inquire into the direction of such Investment Manager or the Company, to solicit such directions nor to review and follow the investments made pursuant to any such direction, other than to the extent provided by law.
Investment Responsibilities. All investment decisions are the sole responsibility of the Depositor, and the Depositor is responsible to direct the Custodian in writing, or other acceptable form and manner authorized by the Custodian, regarding how all amounts are to be invested. Subject to the policies and practices of the Custodian, the Depositor may delegate investment authority by appointing an Authorized Agent in writing in a form and manner acceptable to the Custodian. Upon receipt of instructions from the Depositor and proof of acceptance by the Authorized Agent, the Custodian will accept investment direction and may fully rely on those instructions as if the Custodian had received the instructions from the Depositor.
Investment Responsibilities. Management of both the portfolio or individual investments and the School District contributions shall be solely the responsibility of the teacher in whose name these investments have been made. The School District assumes no current or future liability for contributions made to these plans or for investment earnings (losses) which may accrue to these portfolios as a result of investment decisions which are made by the teacher. Teachers are not to construe the Plan or the School District contributions to the Plan or the opportunity of the teacher to match such contributions as legal, tax, or investment issues relating to contributions in the Plan. The School District has neither reviewed nor approved any investment program which the teacher may obtain by way of contributions under the Matching Annuity Program. Upon participation in the Plan, the teacher agrees to indemnify and hold harmless in Independent School District #482 from any adverse investment experience arising from or connected with contributions to the Matching Annuity Program.
Investment Responsibilities. The Client will be responsible for providing the Advisor with an investment policy statement that clearly states the investment objectives and constraints of the assets to be managed by the Advisor. Client will also inform the Advisor of any changes in investment objectives or constraints including, but not limited to, a change in the Client’s financial situation. Advisor will base its investment decisions on the totality of information provided by the Client and as updated from time to time by the Client.
Investment Responsibilities. All investment decisions are the sole responsibility of the Participant and the Participant is responsible to direct the Custodian in writing, or other acceptable form and manner authorized by the Custodian, regarding how all amounts are to be invested. Subject to the policies and practices of the Custodian, the Participant may delegate investment authority by appointing an Authorized Agent in writing in a form and manner acceptable to the Custodian. Upon receipt of instructions from the Participant and proof of acceptance by the Authorized Agent, the Custodian will accept investment direction and may fully rely on those instructions as if the Custodian had received the instructions from the Participant.
