Management of Assets Sample Clauses
Management of Assets. Subject to the supervision of the Board of Trustees and subject to Section 1 hereof and any Subadvisory Agreement, the Adviser shall manage the investment operations of the Funds and the composition of the Fund’s portfolio, including the purchase, retention and disposition thereof, in accordance with the Fund’s investment objectives, policies and restrictions as stated in the Fund’s Prospectus and Statement of Additional Information, and subject to the following understandings:
(a) The Adviser (or a Subadviser under the Adviser’s supervision) shall provide supervision of a portion of the Fund’s investments, and shall determine from time to time what investments or securities will be purchased, retained, sold, or loaned by the Fund, and what portion of the assets will be invested or held uninvested as cash;
(b) The Adviser, in the performance of its duties and obligations under this Agreement, shall act in conformity with the Declaration of Trust and By-Laws of the Trust and the Trust’s SEC registration statement applicable to the Fund, and with the instructions and directions of the Board of Trustees, and will conform to and comply with the requirements of the 1940 Act and all other applicable federal and state laws and regulations. In connection therewith, the Adviser shall, among other things, prepare and file (or cause to be prepared and filed) such reports as are, or may in the future be, required by the SEC.
(c) The Adviser (or a Subadviser under the Adviser’s supervision) shall determine the securities to be purchased or sold by that portion of the Fund allocated to such Subadviser, and will place orders pursuant to its determinations with or through such persons, brokers or dealers (including, but not limited to, any broker or dealer affiliated with the Subadviser) to carry out the policy with respect to brokerage as set forth in the Fund’s Prospectus and Statement of Additional Information or as the Board of Trustees may direct from time to time. In providing the Funds with investment supervision, it is recognized that the Adviser (or a Subadviser under the Adviser’s supervision) will give primary consideration to securing the most favorable price and efficient execution. Consistent with this policy, the Adviser (or a Subadviser under the Adviser’s supervision) may consider the financial responsibility, research and investment information and other services provided by brokers or dealers who may effect or be a party to any such transaction or other...
Management of Assets. The PFIs are obligated under the terms of the PFI Agreements to perform all customary servicing functions, including loss mitigation and property disposition, with respect to the Program Loans. The Boston Bank shall have the responsibility to protect its Program Loans by enforcing the terms of the PFI Agreement and PFIs compliance with the Guides, on behalf of itself and the MPF Provider. Except for funds received from the MPF Provider, if the Boston Bank shall in any manner receive any Loan Recoveries or property in connection with any such Loan, including but not limited to payments from PFIs or the proceeds of collateral pledged by PFIs to secure their respective obligations under PFI Agreements, the Boston Bank shall transfer to the MPF Provider its pro rata share of all such receipts as provided in the FHLB Guide.
Management of Assets. The PFIs that elect to service Program Loans are obligated under the terms of the PFI Agreements to perform all customary Servicing functions, including loss mitigation and property disposition, with respect to the Program Loans. Each MPF Bank shall have the responsibility for exercising commercially reasonable efforts to enforce the terms of the PFI Agreement and its PFIs’ compliance with the Guides, on behalf of itself, the MPF Provider and such other parties identified in the FHLB Guide.
Management of Assets. A list of Fortegra’s and each Subsidiary’s representatives authorized to provide instructions contemplated hereunder to the Investment Adviser is attached hereto as Exhibit B. Exhibit B may be updated or revised upon written notice by Fortegra or any of the individual Subsidiaries to the Investment Adviser; provided, that any changes will not be effective until received in writing by the Investment Adviser. The Investment Adviser will be entitled to follow any such instructions that it reasonably believes to have been provided by any Client representative set forth in Exhibit B (including instructions received electronically). The Investment Adviser may rely on the accuracy of the information set forth in Exhibit B unless and until notified to the contrary by Fortegra or any of the Subsidiaries. The insurance Subsidiaries that are parties to this Agreement will maintain oversight of the services provided by Investment Advisor and will monitor those services annually for quality assurance.
Management of Assets. Agent shall collect all income and dispose of the net income as directed by Principal. Agent may maintain qualifying assets in any registered clearing agency, a Federal Reserve Bank, or a sub-custodian bank (collectively hereinafter "Custodian"), as Agent may select, and may permit such deposited assets to be registered in the name of such Custodian or its nominee, or in the name of Agent or Agent’s nominee on the records of such Custodian. All principal sums due on called or matured securities shall be collected by Agent. . Agent, in its discretion, will inform Principal of material notices and communications received regarding assets of Principal including notices of meetings and proxies.
Management of Assets. MTC is hereby appointed as trustee and custodian of the Participating Trust, with the authority to designate other managers and trustees of other collective investment trusts as an investment manager or trustee of all or a portion of the assets of the Participating Trust. Trustee hereby accepts the Participating Trust as a Participating Trust of the CIF or CIFs. Assets of the Participating Trust shall be delivered to Trustee from time to time for investment. Trustee shall hold the assets as part of the CIF. Trustee shall be responsible only for the investment and custody of the assets accepted by it and shall have no other duties except as specified in the Declaration of Trust. Trustee shall have all necessary authority to discharge those responsibilities.
Management of Assets. Borrowers shall not and shall not permit any Loan Party to enter into any management agreement or similar agreement (other than a Franchise Agreement) delegating to any Person other than Management Co. or another wholly owned Subsidiary of Bristol substantial authority over the management, maintenance or operation of any Asset.
Management of Assets. The Managing General Partner shall be responsible for the management of the Partnership's assets that are held within subsidiaries or other entities and, to the extent permitted by the voting and other rights held by the Partnership with respect to such subsidiaries or other entities, shall cause the businesses and affairs of such subsidiaries or other entities to be conducted in accordance with the best interests of the Partnership, and shall cause the Partnership to perform its obligations under any material lease to which the Partnership may be a party, including without limitation, the Master Lease with Crescent Real Estate Equities Limited Partnership [of even date herewith]. To the extent permitted by the voting and other rights held by the Partnership with respect to such subsidiaries or other entities, the Managing General Partner shall require that management of such subsidiaries or other entities work together with the General Partners to develop annual capital and operating budgets for each of such subsidiaries or other entities, which annual capital and operating budgets shall be prepared and submitted to the Partners not later than 75 days prior to the commencement of the fiscal year for which the annual capital and operating budgets are to be applicable. The Managing General Partner shall meet with the Partners at such times as may be reasonably requested by the Partners to review such budgets, and shall not approve any such budgets unless approved in writing by all of the Partners. The Managing General Partner shall use its best efforts to cause such subsidiaries or other entities to operate in accordance with such approved annual capital and operating budgets, and shall promptly advise the Partners of any material deviation therefrom.
Management of Assets. A list of Fortegra Europe’s representatives authorized to provide instructions contemplated hereunder to the Investment Adviser is attached hereto as Exhibit B. Exhibit B may be updated or revised upon written notice by Fortegra Europe to the Investment Adviser; provided, that any changes will not be effective until received in writing by the Investment Adviser. The Investment Adviser will be entitled to follow any such instructions that it reasonably believes to have been provided by any Client representative set forth in Exhibit B (including instructions received electronically). The Investment Adviser may rely on the accuracy of the information set forth in Exhibit B unless and until notified to the contrary by
Management of Assets. The Investment Adviser shall provide continuous supervision over the Assets in accordance with this Agreement and the Investment Guidelines, and, in connection therewith, may purchase, sell and otherwise deal with the Assets, in the name and on behalf of the Client and on terms and conditions determined by the Investment Adviser in a manner consistent with the Investment Guidelines and the other provisions hereof. The Client hereby grants the Investment Adviser authority to manage the Assets as provided in the foregoing sentence, subject to the other provisions of this Agreement. The Investment Guidelines may be altered from time to time only by a writing signed by the Client.