Nature of Fund Sample Clauses

Nature of Fund. The Sub-Advisor and the Advisor both acknowledge that the Fund is a mutual fund that operates as a series of an open-end series investment company under the plenary authority of the Trust’s Board of Trustees. In managing the Allocated Portion, the Sub-Advisor shall do so subject always to the plenary authority of the Board of Trustees.
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Nature of Fund. The Foundation agrees to accept the gift to be made by the Donor and Trustee as set forth in Paragraph 1 and to use the monetary amount of the gift to establish and maintain a permanent endownment fund (the ``Fund''), which Fund the Foundation shall maintain and administer pursuant to this Agreement as an identifiable and separate fund. The amount of the gift shall constitute the principal of the Fund.
Sample 1
Nature of Fund. The Fund shall be a separate legal and administrative entity organized and existing pursuant to the Interlocal Cooperation Act and other Nebraska law. The Fund is not intended to be, shall not operate as, shall not be deemed to be, and shall not be treated as, a general partnership, limited partnership, corporation, investment company, joint stock company, trust company, bank industrial loan and investment company, cooperative credit association, credit union or building and loan association. The Participants shall have such rights as are conferred upon them hereunder.
Sample 1

Related to Nature of Fund

  • Name of Fund The Trust may use the name “Harbor Funds” or any name derived from the name “Harbor Capital Advisors” in connection with the Fund only for so long as this Agreement or any extension, renewal or amendment hereof remains in effect, including any similar agreement with any organization which shall have succeeded to your business as investment adviser. At such time as such an agreement shall no longer be in effect, the Trust (to the extent that it lawfully can) will cause the Fund to cease to use such a name or any other name indicating that it is advised by or otherwise connected with you or any organization which shall have so succeeded to your business. INVESTMENT ADVISORY AGREEMENT HARBOR COMMODITY REAL RETURN STRATEGY FUND JULY 1, 2013

  • Source of Funds Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a “Source”) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:

  • Provision of Funds (a) GMAC agrees to contribute and deposit in the Certificate Account on behalf of Residential Funding (or otherwise provide to Residential Funding, or to cause to be made available to Residential Funding), either directly or through a subsidiary, in any case prior to the related Distribution Date, such moneys as may be required by Residential Funding to perform its Subordinate Certificate Loss Obligation when and as the same arises from time to time upon the demand of the Trustee in accordance with Section 12.01 of the Servicing Agreement.

  • Commingling of Funds So long as the Company is Servicer, any collections in respect of Contracts collected by the Company shall, prior to the deposit thereof in the Certificate Account, be held in bank accounts entitled substantially as follows: "[name of depository], as agent for U.S. Bank National Association as Trustee, other trustees, and Green Tree Financial Corporation, as their interests may appear."

  • Investment of Funds NCPS will not commingle Escrow Funds received by it in escrow with funds of others and shall not invest such Escrow Funds. The Escrow Funds will be held in a non-interest bearing account.

  • Segregation of Funds Contractor shall comply with federal requirements relating to the required segregation of funds received for abortion services in accordance with the Affordable Care Act Section 1303 and 45 C.F.R. § 156.280.

  • Adequacy of Funds At the time of the Closing, such Purchaser will have available to it sufficient funds to satisfy its obligations under this Agreement.

  • Use of Funds Grantee shall expend funds under this Grant Agreement only for approved services and for reasonable and allowable expenses directly related to those services.

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