Management of Fund. The Foundation shall hold, manage, invest and reinvest the Fund, shall collect the income and shall pay and disburse the net income and principal therefore exclusively for general charitable uses and purposes, in accordance with the provisions specified in the Articles of Incorporation of the Foundation. The Articles of Incorporation have been adopted by the Board of Directors of the Foundation, and their provisions, as they may be amended from time to time, are hereby incorporated by reference and conclusively assented to and adopted. The phrase “charitable uses and purposes” shall be defined as all of those activities, uses and purposes described in Section 501(c)(3) of the Internal Revenue Code of 1986 (the “Code”).
Management of Fund a. ACF shall hold, manage, invest and reinvest the Fund, collect the income, and pay and disburse grants from the Fund exclusively for general charitable uses and purposes, in accordance with the provisions specified in ACF’s Amended and Restated Articles of Incorporation and Bylaws, which provisions are hereby incorporated by reference and conclusively assented to and adopted. Assets of the Fund may be commingled for purposes of investment with other assets of ACF. For purposes of this instrument, the term "charitable uses and purposes" is defined as all of those activities, uses, and purposes described in Section 501(c)(3) of the Internal Revenue Code of 1986, as from time to time amended ("Code").
Management of Fund. The General Partner shall have the exclusive right to manage and control the affairs of the Fund. The Limited Partners shall not take part in the management of Fund affairs and under no circumstances may any Limited Partner control the Fund business or sign for or bind the Fund. Notwithstanding anything to the contrary contained in this Agreement, the General Partner shall have the exclusive authority to act on behalf of the Fund, and no third party shall be required to inquire into the authority of the General Partner to take any action on behalf of the Fund. Except as expressly limited in this Agreement, the General Partner shall have the rights, authority and powers of general partners with respect to the Fund business and the Fund Assets that are set forth in the Act as in effect upon the Effective Date of this Agreement. The General Partner may delegate any of its management authority to one or more other persons, including but not limited to an Investment Manager (see definition of "Investment Manager" in Section 3.1(g)).
Management of Fund. The Partner shall:
Management of Fund. Section 6.1 Board of Managers 16 Section 6.2 Appointment and Removal of Managers 16 Section 6.3 Meetings of the Board of Managers 16 Section 6.4 Delegation of Authority 17 Section 6.5 Investment Committee 18 Section 6.6 Administrative Services Agreement 18 Section 6.7 Specific Consent Regarding Leverage 19 Section 6.8 Specific Consent Regarding Affiliate Transactions 19 Section 6.9 Reliance by Third Parties 19 Section 6.10 Tax Matters Partner 19 Section 6.11 Fund Expenses 20 Section 6.12 Action by the Members 20 ARTICLE 7
Management of Fund. Section 2.01 Board to Manage 1 Section 2.02 Appointment of Officers 2
Management of Fund. The Foundation shall have complete authority and discretion with respect to the investment and reinvestment of the assets of the Fund and shall hold them as part of and commingled with other funds forming part of the Foundation’s portfolio. However, the Foundation will consider recommendations as to investment of the Fund by a Donor or Designated Representative. The Foundation shall be entitled to engage a portfolio manager to invest the assets of the Foundation. The Donor acknowledges that the primary portfolio manager shall be Quadrant Asset Management which established the GiftPact Foundation. The Foundation shall keep a separate accounting and identity of the Fund for purposes of reporting to the Donor or representatives each year as to the activities of the Fund.
Management of Fund. The General Partner, through its general partner, T1 General Partner Corp., is responsible for the management of the Limited Partnership.
Management of Fund. The Parties other than Public Agency Parties shall agree to a manager for the Restoration Agreement Fund and to procedures for management. Such procedures shall include requirements for:
Management of Fund. The HOPE Fund shall be administered and managed by the Secretary, who shall establish reasonable and prudent criteria for the man- agement and operation of any amounts in the HOPE Fund.
