Common use of Manager Obligations Clause in Contracts

Manager Obligations. 5.1 The Manager will be responsible for all contact with Investors, including: a) advising them of necessary action if they wish to make investments. The Manager acknowledges that Mainspring will only be able to subscribe for an issue or make a payment on an Investor's behalf on receipt of cleared funds from them in Mainspring's client account prior to the date of subscription for new shares (or other securities) or payment. Mainspring will inform the Manager as required when cleared funds have been received by Mainspring from the relevant Investors; b) distributing documents such as valuation statements, contract notes, EIS certificates, or tax information (or Instructing Mainspring to email directly to Investors or upload to the reporting website, as the case may be); and c) dealing with any questions from Investors on their investments. 5.2 To enable Mainspring to assume and continue to carry out its duties under this Agreement, the Manager shall (whether itself, on the Investor's behalf, or by ensuring that the Investor completes such actions) complete such transfers, mandates or other documents and do such acts and things as shall be within its power from time to time required by Mainspring to bring the Securities and/or Cash which are the subject of the Services under Mainspring's, a Nominee's or a Sub-Custodian's control and to enable Mainspring, a Nominee or a Sub-Custodian to deal with it as custodian at the commencement of or at any time during the term of this Agreement, provided that Mainspring may, in its absolute discretion, decline to accept (in whole or in part) any Securities or Cash which the Manager requests Mainspring to hold. 5.3 The Manager agrees to provide, and if reasonably requested by Mainspring to execute any further, documents, materials and information as may be reasonably requested by Mainspring to enable it to perform its duties and obligations under this Agreement. 5.4 The Manager shall notify Mainspring of the Cash and Securities to be received for the Portfolio. 5.5 The Manager acknowledges and agrees that it has full responsibility for all decisions regarding the investment by the Manager in any Securities, and that Mainspring is neither responsible nor liable in any way whatsoever to assess, advise, or to exercise any judgement, on behalf of the Manager, in relation to the relative merits, suitability or appropriateness of any Securities, market or transaction, nor for the selection, acquisition and disposal of Securities which remain the responsibility of the Manager at all times. 5.6 The Manager shall be solely responsible for compliance with any notification or other requirement of any jurisdiction relating to or affecting the Manager’s beneficial ownership of the Securities and Mainspring assumes no liability for non-compliance with such requirements unless otherwise set out in this Agreement. 5.7 The Manager will give prior written notification to Mainspring of all Manager obligations under this Agreement that the Manager has appointed an agent to undertake on its behalf.

Manager Obligations. 5.1 The Manager will be responsible for all contact with Investors, including: a) advising them of necessary action if they wish to make investments. The Manager acknowledges that Mainspring will only be able to subscribe for an issue or make a payment on an Investor's behalf on receipt of cleared funds from them in Mainspring's client account prior to the date of subscription for new shares (or other securities) or payment. Mainspring will inform the Manager as required when cleared funds have been received by Mainspring from the relevant Investors; b) distributing documents such as valuation statements, contract notes, EIS certificates, or tax information (or Instructing Mainspring to email directly to Investors or upload to the reporting website, as the case may be); and c) dealing with any questions from Investors on their investments. 5.2 To enable Mainspring to assume and continue to carry out its duties under this Agreement, the Manager shall (whether itself, on the Investor's behalf, or by ensuring that the Investor completes such actions) complete such transfers, mandates or other documents and do such acts and things as shall be within its power from time to time required by Mainspring to bring the Securities and/or Cash which are the subject of the Services under Mainspring's, a Nominee's or a Sub-Custodian's control and to enable Mainspring, a Nominee or a Sub-Custodian to deal with it as custodian at the commencement of or at any time during the term of this Agreement, provided that Mainspring may, in its absolute discretion, decline to accept (in whole or in part) any Securities or Cash which the Manager requests Mainspring to hold. 5.3 The Manager agrees to provide, and if reasonably requested by Mainspring to execute any further, documents, materials and information as may be reasonably requested by Mainspring to enable it to perform its duties and obligations under this Agreement. 5.4 The Manager shall notify Mainspring of the Cash and Securities to be received for the Portfolio. 5.5 The Manager acknowledges and agrees that it has full responsibility for all decisions regarding the investment by the Manager in any Securities, and that Mainspring is neither responsible nor liable in any way whatsoever to assess, advise, or to exercise any judgement, on behalf of the Manager, in relation to the relative merits, suitability or appropriateness of any Securities, market or transaction, nor for the selection, acquisition and disposal of Securities which remain the responsibility of the Manager at all times. 5.6 The Manager shall be solely responsible for compliance with any notification or other requirement of any jurisdiction relating to or affecting the ManagerInvestor’s beneficial ownership of the Securities and Mainspring assumes no liability for non-compliance with such requirements unless otherwise set out in this Agreement. 5.7 The Manager will give prior written notification to Mainspring of all Manager obligations under this Agreement that the Manager has appointed an agent to undertake on its behalf.

Manager Obligations. 5.1 The Manager will be responsible for all contact with Investors, including: a) advising them of necessary action if they wish to make investments. The Manager acknowledges that Mainspring will only be able to subscribe for an issue or make a payment on an Investor's behalf on receipt of cleared funds from them in Mainspring's client account prior to the date of subscription for new shares (or other securities) or payment. Mainspring will inform the Manager as required when cleared funds have been received by Mainspring from the relevant Investors; b) distributing documents such as valuation statements, contract notes, EIS certificates, or tax information (or Instructing Mainspring to email directly to Investors or upload to the reporting website, as the case may be); and c) dealing with any questions from Investors on their investments. 5.2 To assist the Manager in fulfilling its responsibilities under Clause 5.1, Mainspring will provide the support as set out in Schedule 3 to enable the Manager to discharge these responsibilities. 5.3 To enable Mainspring to assume and continue to carry out its duties under this Agreement, the Manager shall (whether itself, on the Investor's behalf, or by ensuring that the Investor completes such actions) complete such transfers, mandates or other documents and do such acts and things as shall be within its power from time to time required by Mainspring to bring the Securities and/or Cash which are the subject of the Services under Mainspring's, a Nominee's or a Sub-Custodian's control and to enable Mainspring, a Nominee or a Sub-Custodian to deal with it as custodian at the commencement of or at any time during the term of this Agreement, provided that Mainspring may, in its absolute discretion, decline to accept (in whole or in part) any Securities or Cash which the Manager requests Mainspring to hold. 5.3 5.4 The Manager agrees to provide, and if reasonably requested by Mainspring to execute any further, documents, materials and information as may be reasonably requested by Mainspring to enable it to perform its duties and obligations under this Agreement. 5.4 5.5 The Manager shall notify Mainspring of the Cash and Securities to be received for the Portfolio. 5.5 5.6 The Manager acknowledges and agrees that it has full responsibility for all decisions regarding the investment by the Manager in any Securities, and that Mainspring is neither responsible nor liable in any way whatsoever to assess, advise, or to exercise any judgement, on behalf of the Manager, in relation to the relative merits, suitability or appropriateness of any Securities, market or transaction, nor for the selection, acquisition and disposal of Securities which remain the responsibility of the Manager at all times. 5.6 5.7 The Manager shall be solely responsible for compliance with any notification or other requirement of any jurisdiction relating to or affecting the ManagerInvestor’s beneficial ownership of the Securities and Mainspring assumes no liability for non-compliance with such requirements unless otherwise set out in this Agreement. 5.7 5.8 The Manager will give prior written notification to Mainspring of all Manager obligations under this Agreement that the Manager has appointed an agent to undertake on its behalf.

Manager Obligations. 5.1 The Manager will be responsible for all contact with Investorsyou, including: a) advising them you of necessary action if they wish the Manager wishes to make investments. The Manager acknowledges that Mainspring We will only be able to subscribe for an issue or make a payment on an Investor's your behalf on receipt of cleared funds from them you in Mainspring's our client account prior to the date of subscription for new shares (or other securities) or payment. Mainspring We will inform the Manager as required when cleared funds have been received by Mainspring us from the relevant Investorsyou; b) distributing documents such as valuation statements, contract notes, EIS certificates, or tax information (or Instructing Mainspring us to email directly to Investors you or upload uploading to the reporting website, as the case may be); and c) dealing with any questions from Investors you on their your investments. 5.2 To enable Mainspring us to assume and continue to carry out its our duties under this Agreement, the Manager shall (whether itselfon your behalf), on the Investor's behalf, or by ensuring that the Investor completes such actions) complete such transfers, mandates or other documents and do such acts and things as shall be within its power from time to time required by Mainspring us to bring the Securities and/or Cash which are the subject of the Services under Mainspring'sours, a Nominee's or a Sub-Custodian's control and to enable Mainspringus, a Nominee or a Sub-Custodian to deal with it as custodian at the commencement of or at any time during the term of this Agreement, provided that Mainspring we may, in its our absolute discretion, decline to accept (in whole or in part) any Securities or Cash which the Manager requests Mainspring you request us to hold. 5.3 The Manager agrees to provide, and if reasonably requested by Mainspring us to execute any further, documents, materials and information as may be reasonably requested by Mainspring us to enable it us to perform its our duties and obligations under this Agreement. 5.4 The Manager shall notify Mainspring us of the Cash and Securities to be received for the Portfolio. 5.5 The You and the Manager acknowledges acknowledge and agrees agree that it the Manager has full responsibility for all decisions regarding the investment by the Manager in any Securities, and that Mainspring is we are neither responsible nor liable in any way whatsoever to assess, advise, or to exercise any judgement, on behalf of yours or the Manager’s behalf, in relation to the relative merits, suitability or appropriateness of any Securities, market or transaction, nor for the selection, acquisition and disposal of Securities which remain the your responsibility of the Manager at all times. 5.6 The Manager shall be solely responsible for compliance with any notification or other requirement of any jurisdiction relating to or affecting the Manager’s your beneficial ownership of the Securities and Mainspring assumes we assume no liability for non-compliance with such requirements unless otherwise set out in this Agreement. 5.7 The Manager will give prior written notification to Mainspring us of all Manager their obligations under this Agreement that the Manager has appointed an agent to undertake on its their behalf.

Manager Obligations. 5.1 The Except as we may agree otherwise from time to time, the Manager will be responsible for all contact with Investorsyou, including: a) advising them you of necessary action if they wish the Manager wishes to make investments. The Manager acknowledges that Mainspring We will only be able to subscribe for an issue or make a payment on an Investor's your behalf on receipt of cleared funds from them you in Mainspring's our client account prior to the date of subscription for new shares (or other securities) or payment. Mainspring We will inform the Manager as required when cleared funds have been received by Mainspring us from the relevant Investorsyou; b) distributing documents such as valuation statements, contract notes, EIS certificates, or tax information (or Instructing Mainspring us to email directly to Investors you or upload uploading to the reporting website, as the case may be); and c) dealing with any questions from Investors you on their your investments. 5.2 To enable Mainspring us to assume and continue to carry out its our duties under this Agreement, the Manager shall (whether itselfon your behalf), on the Investor's behalf, or by ensuring that the Investor completes such actions) complete such transfers, mandates or other documents and do such acts and things as shall be within its power from time to time required by Mainspring us to bring the Securities and/or andƒor Cash which are the subject of the Services under Mainspring'sours, a Nominee's or a Sub-CustodianSub−Custodian's control and to enable Mainspringus, a Nominee or a Sub-Custodian Sub−Custodian to deal with it as custodian at the commencement of or at any time during the term of this Agreement, provided that Mainspring we may, in its absolute our reasonable discretion, decline to accept (in whole or in part) any Securities or Cash which the Manager requests Mainspring you request us to hold. 5.3 The Manager agrees to provide, and if reasonably requested by Mainspring us to execute any further, documents, materials and information as may be reasonably requested by Mainspring us to enable it us to perform its our duties and obligations under this Agreement. 5.4 The Manager shall notify Mainspring us of the Cash and Securities to be received for the Portfolio. 5.5 The You and the Manager acknowledges acknowledge and agrees agree that it the Manager has full responsibility for all decisions regarding the investment by the Manager in any Securities, and that Mainspring is we are neither responsible nor liable in any way whatsoever to assess, advise, or to exercise any judgement, on behalf of yours or the Manager’s behalf, in relation to the relative merits, suitability or appropriateness of any Securities, market or transaction, nor for the selection, acquisition and disposal of Securities which remain the your responsibility of the Manager at all times. 5.6 The Manager shall be solely responsible for compliance with any notification or other requirement of any jurisdiction relating to or affecting the Manager’s your beneficial ownership of the Securities and Mainspring assumes we assume no liability for non-compliance non−compliance with such requirements unless otherwise set out in this Agreement. However, upon request of the Manager, we shall provide any reasonably requested assistance to the Manager regarding such compliance. 5.7 The Manager will give prior written notification to Mainspring us of all Manager their obligations under this Agreement that the Manager has appointed an agent to undertake on its their behalf.