Legal and compliance. The Investment Manager will:
(1) in performing its duties hereunder, comply with the 1940 Act and all rules and regulations thereunder, the Advisers Act, the Internal Revenue Code (the “Code”), and all other applicable federal and state laws and regulations, and with any applicable procedures adopted by the Trustees;
(2) in performing its duties hereunder, use reasonable efforts to manage the Portfolio so that it will qualify, and continue to qualify, as a regulated investment company under Subchapter M of the Code and regulations issued thereunder;
(3) provide to the Fund compliance services designed to ensure compliance with applicable federal and state securities laws, rules and regulations, including without limitation:
a. administering the Fund’s compliance program adopted pursuant to Rule 38a-1 under the Act, including portfolio valuation procedures, expense allocation procedures, personal trading procedures, and the Fund's Code of Ethics; and
b. evaluating, on behalf of the Fund, the effectiveness of the compliance programs of the Fund’s other service providers;
(4) provide to the Fund legal services, including:
a. developing and preparing agendas, proposals, presentations and materials for meetings of the Fund’s Board of Trustees or committees thereof;
b. preparing, reviewing and/or filing regulatory reports, including without limitation, the Fund’s registration statement, prospectuses and statements of additional information and any supplements thereto, shareholder reports and other shareholder communications, proxy statements, and corporate reports required of the various states in which the Fund does business;
c. drafting, reviewing and negotiating selling and/or servicing agreements;
d. developing Fund polices and procedures for consideration by the Board of Trustees; and
e. conducting an annual review of the Fund’s fidelity bond coverage and D&O/E&O insurance coverage for the trustees and officers of the Fund.
Legal and compliance. The Adviser will:
(1) in performing its duties hereunder, comply with the 1940 Act and all rules and regulations thereunder, the Advisers Act, the Internal Revenue Code (the “Code”), and all other applicable federal and state laws and regulations, and with any applicable procedures adopted by the Trustees;
(2) in performing its duties hereunder, comply with the Adviser’s polices and procedures adopted pursuant to Rule 206(4)-7 under the Advisers Act (or any successor rule) and the Trust’s policies and procedures adopted pursuant to Rule 38a-1 under the 1940 Act (or any successor rule), to the extent applicable to the Adviser;
(3) respond to reasonable requests for information and otherwise reasonably cooperate with the Trust’s other service provider(s) responsible for maintaining the Trust’s compliance with applicable federal and state securities laws, rules and regulations, including without limitation, administering the Trust’s compliance program adopted pursuant to Rule 38a-1 under the 1940 Act,
(4) assist and otherwise respond to reasonable requests for information from the Trust’s other service provider(s) responsible for providing to the Trust legal services, which legal services may include:
a. developing and preparing agendas, proposals, presentations and materials for meetings of the Trust’s Board of Trustees or committees thereof;
b. preparing, reviewing and/or filing regulatory reports, including without limitation, the Trust’s registration statement, prospectuses and statements of additional information and any supplements thereto, shareholder reports and other shareholder communications, proxy statements, and corporate reports required by the various states in which the Trust does business;
c. drafting, reviewing and negotiating selling and/or servicing agreements;
d. developing Trust polices and procedures for consideration by the Board of Trustees; and
e. conducting an annual review of the Trust’s fidelity bond coverage and D&O/E&O insurance coverage for the trustees and officers of the Trust.
Legal and compliance. (i) During the term of this Agreement and thereafter, for so long as Xxxxxxx remains subject to restrictions on the transferability of Company securities held by him, Company shall continue to advise and assist Xxxxxxx with such reports and filings as may be required by the federal securities laws and to provide Xxxxxxx with such notices concerning restrictions on sale and transferability as it provides to its officers, directors, and other holders of restricted stock.
(ii) Company shall reimburse Xxxxxxx for the fees and expenses of legal and tax advice incurred by him in connection with this Agreement through the date of execution, up to but not exceeding $4,000 (four thousand dollars).
Legal and compliance. (a) Each Party shall comply with all applicable Legal Requirements and the terms of this Agreement.
(b) Partner shall provide Money Transfer Services in accordance with MoneyGram Policies.
(c) Each Party is responsible for obtaining and maintaining any applicable permits, licenses or approvals required by any governmental authority or body lawfully exercising authority over the Parties, the Territory, or the Money Transfer Services.
(d) Each Party shall provide reasonable assistance in any audit, review, investigation or request for information by a governmental authority or body lawfully exercising authority over the other Party in connection with this Agreement. Partner further authorizes MoneyGram, or MoneyGram’s authorized representative or third party assessor, to visit Partner’s premises and review Partner’s records related to its offering of the Money Transfer Services, to determine Partner’s compliance with Legal Requirements and MoneyGram Policies.
(e) Partner understands that MoneyGram is committed to preventing the use by anyone of the Money Transfer Services for fraudulent, abusive or illegal purposes. Partner agrees to not use the Money Transfer Services for committing fraud upon consumers or against MoneyGram or assisting others in the perpetration of fraud upon consumers or against MoneyGram. Partner further agrees not to provide any substantial assistance or support to any individual or entities that Partner knows or reasonably suspects engage in such acts or acts in a manner that may violate the MoneyGram Policies, Partner agrees that it will maintain effective policies and procedures of its own that are designed to detect and prevent consumer fraud or abusive transactions.
(f) Partner shall ensure that it and its employees, agents, and/or contractors: (i) have been trained to provide the Money Transfer Services in compliance with Legal Requirements and MoneyGram Policies, prior to commencing Transactions; and (ii) undergo any additional training required by MoneyGram during the term of this Agreement.
Legal and compliance. Child and vulnerable adult protection: SPC is committed to the well-being of children and vulnerable adults. All SPC contractors are required to commit to the principles of SPC’s Child and Vulnerable Adult Protection Policy (XI.G Manual of Staff Policies). Breach of this requirement can result in SPC terminating any contract with a successful bidder. Any allegations of potential misconduct in relation to this RFP involving children or vulnerable adults should sent to xxxxxxxxxx@xxx.xxx.
Legal and compliance. Field Details Guidelines:
Legal and compliance
