OVERSIGHT DUTIES Sample Clauses

OVERSIGHT DUTIES. 7.1 At the time of its appointment as depositary, the Depositary has assessed the risks associated with the nature, scale and complexity of the Fund’s strategy and the Manager’s organisation in order to devise oversight procedures which are appropriate to the Fund and the assets in which it invests and which will be implemented and applied by the Depositary. Such procedures shall be regularly updated but at least annually.
Sample 1
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OVERSIGHT DUTIES. 7.1 At the time of its appointment as depositary, Darwin shall assess the risks associated with the nature, scale and complexity of the Fund’s strategy and the Manager’s organisation in order to devise oversight procedures which are appropriate to the Fund and the assets in which it invests and which will be implemented and applied by Darwin. Such procedures shall be regularly updated.
Sample 1
OVERSIGHT DUTIES. Provide that the Depositary must: ensure that the sale, issue, repurchase, redemption and cancellation of units of the UCITS are carried out in accordance with the requirements prescribed by the competent authority, if any, applicable to the UCITS and with the constitutional documents of the UCITS; ensure that the value of the units of the UCITS is calculated in accordance with the provisions of the constitutional documents of the UCITS; carry out the instructions of the UCITS management company or the UCITS, unless they conflict with the requirements prescribed by the competent authority, if any, applicable to the UCITS and with the constitutional documents of the UCITS; ensure that in transactions involving the assets of the UCITS any consideration is remitted to the UCITS within the usual time limits; ensure that the income of the UCITS is applied in accordance with the constitutional documents of the UCITS. An obligation to compile a report on whether the scheme has been managed (a) in accordance with the limitations imposed on the investment and borrowing powers of the scheme by the constitutional documents and by the MFSA; and (b) in accordance with the constitutional documents of the scheme and its Licence Conditions.
Sample 1

Related to OVERSIGHT DUTIES

  • Extra Duties The Trustee shall be entitled to refuse to approve any Substituted Obligor if, pursuant to the law of the jurisdiction of incorporation of the Substituted Obligor, the assumption by the Substituted Obligor of its obligations hereunder imposes responsibilities on the Trustee over and above those which have been assumed under this Trust Deed.

  • Typical Duties (1) Supervises designated staff by performing duties such as scheduling and coordinating work assignments, evaluating employee performance and determining related training and orientation requirements.

  • General Duties and Responsibilities 1. Responsibilities under the General Conditions of the Contract for Construction: In addition to the responsibilities herein set forth, Consulting Engineer/Architect agrees to be responsible for those matters identified in the General Conditions as being responsibilities of the Consulting Engineer/Architect. Consulting Engineer/Architect specifically acknowledges receipt of a copy of the General Conditions and acceptance of the responsibilities as set forth therein.

  • Civic Duties An employee who is late for work as a result of duties as a volunteer fire fighter or licensed ambulance attendant or licensed rescue squad attendant, shall be granted use of annual leave and/or accrued compensatory leave to cover the period of lateness, provided that performance of said duties may be verified by the Employer.

  • Administrative Duties 94 SECTION 12.2 Records.....................................................................97 SECTION 12.3 Additional Information to be Furnished to the Issuer........................97

  • Adjunct Duties 9.2.1 The District and the Association recognize that teachers participate in adjunct duties. Adjunct duties are those duties beyond the work day, which require supervising and providing leadership in pupil organizations and activities or parent-teacher partnership such as, but not limited to: field trips, back-to-school night, graduation, promotion, outdoor education, open house, parent club, teacher conferences, progress report card night, supervision of dances, sponsorship of clubs, homecoming activities, and supervision of athletic events. These duties must be student supervision oriented. Attendance at Back to School Night, Open House, Progress Report Night, Teacher Conferences is required unless specific prior approval is given to miss the meeting/event.

  • SUPERVISION DUTIES 1. No teacher shall be required to perform any supervision duties during the school’s regularly scheduled noon intermission or before school in the mornings.

  • Professional Duties Professional duties defined in this Article identify the responsibilities performed by full-time faculty. Duties specific to individual programs shall be determined by the supervising administrator.

  • Job Duties It is understood by the parties that every incidental duty connected with operations enumerated in job descriptions is not always specifically described. Nevertheless, it is intended that all such duties shall be performed by employees.

  • Oversight The Licensing Officer shall oversee the quality of the services provided by the Licensee and the reasonableness of the prices charged. The Licensing Officer may advise the Licensee from time to time of any source of dissatisfaction and request correction.

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