INVESTMENT RESPONSIBILITY. 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).
INVESTMENT RESPONSIBILITY. 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. 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. The Foundation shall manage the investments in the Owner’s account and is authorized to do the following at its sole discretion:
a. Select and monitor the performance of managers, consultants, brokers, and custodians who will invest the Managed Property in accordance with the Foundation's policies as may be adopted from time to time;
b. Transfer the Managed Property to such managers and brokers as the Foundation shall deem appropriate;
c. Establish and revise from time to time its policies related to investment of assets; and
d. Take all steps necessary to accomplish the purposes of this Agreement.
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. Upon the death of the Participant, each Beneficiary assumes all rights, responsibilities and liabilities for investment of the Account that is passed to that Beneficiary. Throughout this Article XII, whenever “Participant” is used, “Beneficiary” shall be substituted, as appropriate, if the Participant has died. For purposes of this Plan and any applicable statutory rules, the Participant or his authorized agent is a fiduciary within the meaning of Code Section 4975(e)(3) with respect to the Participant’s Account and the assets in his Account. The Custodian acts in a non discretionary capacity and does not act as a fiduciary with respect to the appointment of a Designated Representative or Financial Representative or the selection and retention of Plan investments. Subject to the Terms and Conditions of Appointment of Designated Representative or Financial Representative, the Participant has the sole authority, responsibility and discretion, fully and completely, to select and to direct the investment of all assets in his Account. The Participant 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 Participant’s account. The Participant also accepts full responsibility for instituting or defending against any action related to the protection of any investment interest. The Participant 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, including but not limited to title or a security interest. The Participant acknowledges that the Custodian shall have no duty or responsibility to take such actions. The Participant 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 and state securities laws; and the Participant releases and waives all claims against the Custodian and its agents for their role on carrying out the Participant’s instructions with respect to such investment. In addition, the Participant shall be solely and fully responsible for ensuring proper payment of any taxes, tax or other penalties and other liabilities, and compliance with the Participant’s reporting obligations, in connection with contributions to, disbursement from, or investments or transaction with respect...
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. UW Hospital and Clinics Authority is in no way liable for gains of losses you may incur in your TSA account(s).
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
