Managers Duties and Responsibilities Sample Clauses

Managers Duties and Responsibilities. Manager will faithfully perform all of its duties in a commercially reasonable manner, to the best of its professional knowledge, skill and judgment The Manager's duties include the following:

Managers Duties and Responsibilities. 3.1 Manager shall provide investment management services and other related services as specified in this Agreement. In that respect, all right, title and interest in and to the assets shall at all times be vested in the Fund. All assets held in the Account hereunder shall be kept with the same care as Manager exercises in respect of its own assets. 3.2 As a fiduciary, Manager shall have the discretion to manage, invest and reinvest the assets in the Account according to the terms of this Agreement and the Policy of the Board. 3.3 Manager agrees and is authorized as follows: a. Manager is authorized to invest the Fund assets in the Account, subject to the written Policy of the Board and pursuant to the statutes of the State of Oklahoma created by section 47 of Title 62 of Oklahoma Statutes. Manager agrees such assets will be invested pursuant to all the terms and conditions herein set forth for the exclusive benefit of the Fund and shall not divert any such assets for any other purpose. Such assets include any income or earnings thereon which Manager shall be directed to reinvest. b. Manager is authorized to buy, sell, exchange, convey, transfer or otherwise trade any assets held in the Account to the extent permitted and authorized by this Agreement and the Policy of the Board. c. Manager is authorized to execute in the Fund's name such ownership and other certificates, documents and contracts as may be required or necessary to carry out the duties and responsibilities established under this Agreement. d. Manager will provide the Master Custodian with such information as is necessary to settle each transaction. e. All transactions will be consummated by payment to, or delivery by, the Master Custodian, of all cash and/or securities due to or from the Account. 3.4 Manager shall be responsible for the proper diversification of the assets under its discretion, provided, however, such responsibility is subject to and limited by the Policy attached as Exhibit A to this Agreement. It is understood that the Board is responsible for the overall diversification of the assets of the Fund, and any statutory limitations thereon. 3.5 Manager shall be responsible for voting all proxies which are timely received by the Manager, which proxies are solicited by or with respect to the issuers of securities in which assets of the Fund in the Account may be invested, according to the Proxy Voting guidelines of the Manager. Manager shall issue a report to the Board at least onc...

Managers Duties and Responsibilities. Manager is hereby retained as the resident manager for the Project, and as such is required to perform all services normally done by condominium project resident managers in the Mammoth Lakes area, as directed by Board, including, but not limited to, the following:

Managers Duties and Responsibilities. 3.1 Manager shall provide investment management services and other similar services in accordance with this Agreement. In that respect, all right, title and interest in and to the assets shall at all times be vested in the Plan. All assets held in the Account hereunder shall be kept with the same care as Manager exercises in respect of its own assets. 3.2 As a fiduciary, Manager shall have the discretion to manage, invest and reinvest the assets in the Account according to the terms of this Agreement and the Guidelines of the Board. 3.3 Manager agrees and is authorized as follows: a. Manager is authorized to invest the assets of the Account in XXXX assets, subject to the written Guidelines of the Board and pursuant to the Constitution and the statutes of the State of Oklahoma. Manager agrees to receive and hold all such assets that are invested pursuant to all the terms and conditions herein set forth for the exclusive benefit of the beneficiaries of the Plan and shall not divert any such assets for any other purpose. Such assets include any income or earnings thereon which Manager shall be directed to reinvest. b. Manager is authorized to buy, sell, exchange, convey, transfer or otherwise trade any xxxx asset, or any other asset held in the Account to the extent permitted and authorized by this Agreement and the Guidelines of the Board. c. Manager is authorized to execute in the Plan’s name such ownership and other certificates or documents as may be required or necessary to carry out the duties and responsibilities established under this Agreement. d. Manager will forward daily its confirmation respecting each transaction to the Master Custodian and the Plan, giving the appropriate information, which resulted in the transaction. e. All payments received by Manager of dividends, interest, sales and/or redemptions shall be forwarded immediately to the Master Custodian. Manager shall not hold cash at any time. f. All transactions will be consummated by payment to, or delivery by, the Board or Master Custodian, of all cash and/or securities due to or from the Account. 3.4 Manager shall be responsible for the proper diversification of the assets under its discretion, provided, however, such responsibility is subject to and limited by the Instructions to it issued by the Board. It is understood that the Board is responsible for the overall diversification of the assets of the Plan, and any statutory limitations thereon. 3.5 Manager shall be responsible for vot...

Managers Duties and Responsibilities