No Investment Discretion Sample Clauses

No Investment Discretion. The Custodian shall have no discretion to direct any investments of an Account and is merely authorized to acquire and hold the particular investments specified by the Participant. The Custodian will not act as investment advisor or counselor to a Participant and will not advise a Participant or offer any opinion or judgment on any matter pertaining to the nature, value, potential value, or suitability of any investment or potential investment by a Participant.
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No Investment Discretion. The Plan Sponsor and the Trustee shall have no discretion to direct any investments of the Trust and are authorized solely to make and hold investments only as directed pursuant to Section 13.3.
No Investment Discretion. We shall have no discretion to direct any investments of the Account and we are merely authorized to acquire and hold the particular contributions and corresponding investments specified by you. We will not act as investment adviser or counselor to you and will not advise you or offer any opinion or judgment on any matter pertaining to the nature, value, potential value, or best-interest of any investment or potential investment by you, with the exception that, upon your request, the Introducing Broker may make a point-in-time recommendation to you of an asset allocation of specific securities, though you will be ultimately responsible for deciding whether to execute any such recommendation.
No Investment Discretion. Except as provided in Sections 3.13 and 3.14 and Article V of this Contract, Bank shall not sell, purchase, exchange, transfer, deliver against receipt of payment, or otherwise acquire or dispose of Securities or other assets in the Securities Accounts without the instruction of one or more Department Authorized Persons or Investment Advisor Authorized Persons, as provided in Appendix II and Appendix VI, respectively, of this Contract, and Bank shall have no investment discretion with respect to the assets in the Securities Accounts.
No Investment Discretion. JTVIR will not manage Client’s portfolios. JTVIR will not have discretion over or access to client funds or securities nor have responsibility for making, executing, implementing or recording investment transactions. JTVIR will not act as a broker/dealer, execute trades as an agent for the Client or vote proxies
No Investment Discretion. The Custodian shall have no discretion to direct any investments in the Custodial Account and is authorized solely to make and hold investments only as directed pursuant to , the prov1s10ns of the Plan (including the Adoption Ag1eement).
No Investment Discretion. The Trustee shall have no investment management responsibility with respect to the Trust or any other assets held under the Plan and is authorized solely to make and hold investments only as directed pursuant to Section 10.2.
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No Investment Discretion. The custodian shall have no discretion to direct any investment of an account, and is merely authorized to acquire and hold the particular investments specified by the depositor or the responsible individual. The custodian will not act as investment advisor or counselor to a designated beneficiary, depositor or responsible individual and will not advise any of the foregoing or offer any opinion or judgment on any value or suitability of any investment or potential investment for the account
No Investment Discretion. The services provided by the Bank hereunder with respect to the Holdings are non-discretionary investment services, which means that the Bank will only initiate an investment transaction pursuant to this Agreement if it has been instructed to do so by Customer. All investment decisions are to be made by, and are the responsibility of, Customer. The Bank will have no liability for its inability or failure to contact Customer regarding any particular investment decision or opportunity.

Related to No Investment Discretion

  • No Investment Company The Company is not, and upon the issuance and sale of the Securities as contemplated by this Agreement will not be an “investment company” required to be registered under the Investment Company Act of 1940 (an “Investment Company”). The Company is not controlled by an Investment Company.

  • No Investment Company Status The Company is not and, after giving effect to the Offering and the application of the proceeds thereof as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, will not be, required to register as an “investment company,” as defined in the Investment Company Act of 1940, as amended.

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