Obligations of the Fund. All persons dealing with the Fund must look solely to the property of the applicable Portfolio for the enforcement of any claims against the Fund as neither the Board, Officers, agents or shareholders assume any personal liability for obligations entered into on behalf of the Fund.
Obligations of the Fund. (i) The Fund shall provide the Company with copies of the Summary Prospectus in the same manner and at the same time as the Agreement requires it to provide the Company with Statutory Prospectuses.
(ii) The Fund shall be responsible for compliance with Rule 498(e).
(iii) The Fund agree that the URL indicated on each Summary Prospectus will lead directly to the web page used for hosting Summary Prospectuses and that such web page will host the current Fund and Portfolio documents required to be posted in compliance with Rule 498. The Fund shall use its best efforts to promptly notify the Company of the unexpected interruptions in availability of this web page. The Fund agrees that the web page used for hosting Summary Prospectuses will not contain any marketing materials.
(iv) At the Company’s request, the Fund will provide the Company with URLs to the current Fund and Portfolio documents for use with Company’s electronic delivery of Fund and Portfolio documents, or on the Company’s website. The Fund will be responsible for ensuring the integrity of the URLs and for maintaining the Fund and Portfolio documents on the website to which such URLs originally navigate.
(v) The Company shall be permitted, but not required, in its sole discretion to post a copy of each Portfolio’s Statutory Prospectuses and/or Summary Prospectuses, SAI supplements, annual reports, and semi-annual reports on the Company’s website. Notwithstanding the foregoing, the Fund shall be and remain solely responsible for ensuring that the Fund complies with the requirement for hosting these documents under Rule 498.
(vi) If the Fund determines that it will end its use of the Summary Prospectus delivery option, the Fund will use its best efforts to provide the Company with reasonable advance notice of its intent.
Obligations of the Fund. (a) Fee. The Fund will pay to Questar on the last day of each month an annual fee equal to 1.95% of average net asset of the Portfolio, such fee to be computed daily based upon the net asset value of the Portfolio as determined by a valuation made in accordance with the Fund's procedure for calculating Portfolio net asset value as described in the Fund's Prospectus and/or Statement of Additional Information. During any period when the determination of a Portfolio's net asset value is suspended by the directors of the Fund, the net asset value of a share of that Portfolio as of the last business day prior to such suspension shall, for the purpose of this Paragraph 2(a), be deemed to be the net asset value at the close of each succeeding business day until it is again determined.
Obligations of the Fund. The Fund shall maintain insurance coverage for the Fund, including a fidelity bond as required by Rule 17g-1 under the Investment Company Act, and commercially reasonable errors and omissions, directors and officers and professional liability insurance. Promptly following execution of this Agreement, the Chief Compliance Officer and AMLO shall be named as an insured persons under all such policies and bonds as officers of the Fund, such coverage to be effective from the later of the Effective Date of this Agreement or their respective appointments as officers of the Fund. Additionally, the Fund shall cause the Chief Compliance Officer and AMLO to be covered by the Fund’s directors and officers liability insurance policy and use reasonable efforts to ensure that such coverage be (i) reinstated should the policy be cancelled; (ii) continued after the Chief Compliance Officer and AMLO (respectively) cease to serve as officers of the Fund on substantially the same terms as coverage is provided for all other officers after such persons are no longer officers; and (iii) continued in the event the Fund merges or terminates, on substantially the same terms as coverage is provided for all other officers (and for a period of no less than six (6) years). The Fund shall furnish details of such coverage to NLCS upon its request, including a copy of the policy, the identity of the carrier, coverage levels and deductible amounts. The Fund will notify NLCS of any modification, reduction or cancellation of such coverage or of any material claims made against such coverage. The Fund shall cause the Chief Compliance Officer and the AMLO to be named as officers in the Fund’s corporate/trust resolutions such that the Chief Compliance Officer and AMLO are each subject to the provisions of the Fund’s organizational documents and bylaws (collectively, as amended from time to time, “Organizational Documents”) regarding indemnification of its officers.
A. The Fund will ensure that prior to the effectiveness of the Fund’s initial registration statement, the investment adviser for the Fund will appoint a chief compliance officer pursuant to Rule 206(4)-7 under the Advisers Act, to fulfill all required duties thereunder.
B. The Fund shall timely deliver to NLCS copies of, and shall promptly furnish NLCS with all amendments or supplements to: (i) the Fund’s Organizational Documents; (ii) the Fund’s current registration statement, as amended or supplemented, filed with the U.S. Securiti...
Obligations of the Fund. The Fund shall have the following obligations under this Agreement:
(a) to keep WRL Management continuously and fully informed as to the composition of each Portfolio's investment securities and the nature of all of its assets and liabilities from time to time;
(b) to furnish WRL Management with a certified copy of any financial statement or report prepared for each Portfolio by certified or independent public accountants, and with copies of any financial statements or reports made to its shareholders or to any governmental body or securities exchange;
(c) to furnish WRL Management with any further materials or information which WRL Management may reasonably request to enable it to perform its functions under this Agreement; and
(d) to compensate WRL Management for its services in accordance with the provisions of Section 3 hereof.
Obligations of the Fund. On receipt of the Application Form, the Sustainable Melbourne Fund will:
(a) abide by the relevant privacy laws in relation to any personal information sought or collected in relation to an Application and only use that information for the purposes of processing the Application and developing media and communication materials, fact sheets and case studies;
(b) seek prior approval from the Applicant if it intends to use the information gathered in connection with the Application for any other purpose other than processing the Application and developing media and communication materials, fact sheets and case studies (any materials developed will not be published publically without the Applicant given the opportunity to view them first);
(c) contact the Applicant where additional information is required in order to assess the Application; and
Obligations of the Fund. It is expressly agreed that the obligations of the Fund hereunder shall not be binding upon any of the Managers, members, nominees, agents or employees of the Fund, personally, but shall bind only the property of the Fund, as provided in the Governing Documents. The execution and delivery of this Contract has been authorized by the Managers and signed by an authorized signatory of the Fund, acting as such, and neither such authorization by such Managers nor such execution and delivery by such authorized signatory shall be deemed to have been made by any of them but shall bind only the Fund as provided in its Governing Documents.
Obligations of the Fund. The Fund shall at all times inform the Investment Adviser as to the securities owned by it, the funds available or to become available for investment by it, and generally as to the condition of its affairs. It shall furnish the Investment Adviser with such other documents and information with regard to its affairs as the Investment Adviser may from time to time reasonably request.
Obligations of the Fund. The obligations of the Fund under this Agreement shall only be binding upon the assets and property of the Fund and shall not be binding upon any trustee, officer or shareholder of the Fund individually.
Obligations of the Fund. This Agreement is executed by and on behalf of the Fund and the obligations of the Fund hereunder are not binding upon any of the Directors, officers or shareholders of the Fund individually, but are binding only upon the Fund and with respect to the Funds to which such obligations pertain.
