INVESTMENT RESPONSIBILITY. (1) In providing the services and assuming the obligations set forth herein, the Adviser may, at its expense, employ one or more subadvisers. References herein to the Adviser shall include any subadviser employed by the Adviser. Any agreement between the Adviser and a subadviser shall be subject to the renewal, termination and amendment provisions of section V hereof. The Trust hereby retains the Adviser to supervise and assist in the management of the assets for the Fund and to furnish the Fund with a continuous program for the investment of the Fund's assets, including:
INVESTMENT RESPONSIBILITY. In accordance with and subject to the Investment Advisory Agreement between the Fund and the Adviser, attached hereto as Exhibit A (the “Advisory Agreement”), the Adviser hereby appoints the Subadviser to perform the Fund management services described herein for the investment and reinvestment of the Fund’s assets, subject to the control and direction of the Adviser and the Trust’s Board of Trustees, for the period and on the terms hereinafter set forth. The Subadviser shall provide the Adviser with such investment advice and supervision, as the latter may from time to time consider necessary and appropriate for the proper supervision of the Fund’s investment assets. The Subadviser shall furnish continuously an investment program and shall determine from time to time what securities shall be purchased, sold or exchanged for the account of the Fund and what portion of the assets of the Fund shall be held uninvested, subject always to the restrictions of the Trust’s Declaration of Trust and By-Laws, as each may be amended from time to time (respectively, the “Declaration” and the “By-Laws”), to the provisions of the 1940 Act and to the Fund’s then-current prospectus. In particular, the Subadviser shall: (i) continuously review, supervise and administer the investment program of the Fund; (ii) monitor regularly the relevant securities for the Fund (all such designated securities to be as defined from time to time in the Fund’s current prospectus) to determine if adjustments are warranted and, if so, so make such adjustments on a periodic basis; (iii) determine, in the Subadviser’s discretion, the securities to be purchased or sold or exchanged in order to keep the Fund in balance with its designated investment strategy; and (iv) render regular reports to the Fund’s officers and the Trust’s Trustees concerning the Subadviser’s discharge of the foregoing responsibilities. The Subadviser shall also make recommendations as to the manner in which voting rights, rights to consent to corporate action and any other rights pertaining to the Fund’s securities shall be exercised. The Subadviser shall take, on behalf of the Fund, all actions which it deems necessary to implement the investment policies determined as provided above, and, in particular, to place all orders for the purchase or sale of Fund securities for the Fund’s account with brokers or dealers selected by it, and to that end, the Subadviser is authorized as the agent of the Fund to give instructions to t...
INVESTMENT RESPONSIBILITY. You are responsible for your investment decisions. This responsibility includes informing yourself of the nature and risk of the investments, monitoring your investments, and determining when a change in investments is appropriate. Your employer and PlanConnect are in no way liable for gains or losses you may incur in your account(s). 3.
INVESTMENT RESPONSIBILITY. The Foundation shall manage the investments in the Owner’s account and is authorized to do the following at its sole discretion:
INVESTMENT RESPONSIBILITY. You are responsible for your TSA investment decisions. This responsibility includes informing yourself of the nature and risk of the investments, monitoring your investments, and determining when a change in investments is appropriate. The University and the Board of Regents are in no way liable for gains or losses you may incur in your TSA account(s).
INVESTMENT RESPONSIBILITY. (1) In providing the services and assuming the obligations set forth herein, the Adviser may, at its expense, employ one or more subadvisers. References herein to the Adviser shall include any subadviser employed by the Adviser. Any agreement between the Adviser and a subadviser shall be subject to the renewal, termination and amendment provisions of section V hereof. The Portfolio hereby retains the Adviser to supervise and assist in the management of the assets for the Portfolio and to furnish the Portfolio with a continuous program for the investment of the Portfolio's assets in accordance with the Portfolio's currently effective registration statement, including:
INVESTMENT RESPONSIBILITY. The Fiscal Agent shall not be under any obligation to invest funds held for the payment of interest on or principal of the Obligations.
INVESTMENT RESPONSIBILITY. For purposes of this Plan and any applicable statutory rules, the Responsible Individual or his authorized agent is a fiduciary within the meaning of Code Section 4975(e)(3) with respect to the Account and the assets in this Account. The Custodian acts in a nondiscre- tionary capacity and does not act as a fiduciary with respect to the appointment of a Financial Representative or the selection and retention of Plan investments. Notwithstanding Article IV, immedi- ately upon establishment of this Plan and subject to the Terms and Conditions of Appointment of Designated Representative or Xxxxx- cial Representative and to Section 10.4.5, the Responsible Indi- vidual has the sole authority and discretion, fully and completely, to select and to direct the investment of all assets in this Account. The Responsible Individual accepts full and sole responsibility for the success or failure of any investment decision or selection made and for an investment’s suitability to be held in the Account. The Responsible Individual also accepts full responsibility for institut- ing or defending against any action related to the protection of any investment interest. The Responsible Individual shall be responsible for ensuring that any documents relating to any investment are signed, recorded, genuine, legally enforceable and/or sufficient to give rise to a legal interest. The Responsible Individual acknowledges that the Custo- dian shall have no duty or responsibility to take such actions. The Responsible Individual represents that if any investment in this Account is a security under applicable federal or state securities law, that such investment has been registered or is exempt from registration under federal or state securities laws; and the Respon- sible Individual releases and waives all claims against the Custo- dian and its agents for their role in carrying out the Responsible Individual’s instructions with respect to such investment. In addition, the Responsible Individual shall be solely and fully responsible for ensuring proper payment of any taxes, tax or other penalties and other liabilities, and compliance with the Responsi- ble Individual’s reporting obligations, in connection with contribu- tions to, disbursement from, or investments or transactions with respect to the Account, and for the consequences of such payment (or nonpayment) or of any noncompliance with applicable report- ing requirements. Among other things, it shall be the sole and full responsibil...
INVESTMENT RESPONSIBILITY. The Corporate Trustee shall invest all cash deposited in the Trust Fund conservatively in a manner designed to assure timely availability of funds, protection of principal and avoidance of concentration risk; provided, however, that all cash received by the Corporate Trustee after 3:00pm (Eastern Time) shall be deposited in a non- interest bearing account with the Lead Paying Agent and shall not be invested by the Corporate Trustee until the next Business Day. Acceptable investments will be comprised of United States government money market funds having a AAA/Aaa rating awarded by at least two of the three major rating agencies (Standard & Poor’s, Moody’s or Fitch), short-dated United States treasury bills and/or interest bearing bank deposits at banks (including banks located in Louisiana, Alabama, Mississippi and Florida) that are at all times rated A+/A1 or higher by Standard & Poor’s and Moody’s provided such bank rated A+/A1 or higher at all times holds a stable or positive outlook (subject to the restrictions set forth in the next succeeding sentence, “Acceptable Investments”). The total amount of cash invested in any single United States government money market fund shall not exceed $1 billion and the total amount invested in bank deposits shall not exceed $200 million per bank. Any income derived from such investments shall be credited to and become part of the Trust Fund and shall be reinvested as provided in this Article VII, Section
INVESTMENT RESPONSIBILITY. We shall provide our Securities Dealing Services on an "execution-only” basis. You understand and acknowledge that you are the sole responsible for your investment decisions. The Company does not and will not provide any investment advice nor recommendation regarding any of your orders placed in the Trading Platform. Your portfolio and trading strategy is your sole responsibility. This means that we will not make personal recommendations or advise on the merits of purchasing, selling, or otherwise dealing in particular investments or executing particular Transactions, any tax consequences or the composition of any Account, or any other rights or obligations attaching to such investments or Transactions. Therefore, you must rely on your own judgment in deciding whether to enter into or close a transaction.
