Common use of Placement of Orders Clause in Contracts

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectus, subject to provisions (b), (c) and (d) of this Section 5.

Appears in 7 contracts

Samples: Investment Advisory Agreement (Macquarie Global Infrastructure Total Return Fund Inc.), Investment Advisory Agreement (S&P 500 GEARED Fund Inc.), Investment Advisory Agreement (S&P 500 Covered Call Fund Inc.)

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Placement of Orders. The Adviser will Investment Advisor shall take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the AdviserInvestment Advisor, in its sole discretion, selects. To that end, the Adviser Investment Advisor is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser Investment Advisor is subject to the supervision of the Board of Directors Trustees and is directed at all times to seek to obtain best execution and price within the any policy guidelines determined adopted by the Board Fund, as may be amended from time to time, and set out in the Fund’s current Prospectus, is subject to provisions (b), (c) and (d) of this Section 5.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Miller/Howard Funds Trust), Investment Advisory Agreement (Miller/Howard Funds Trust), Investment Advisory Agreement (Miller/Howard Funds Trust)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectus, subject to provisions (b), (c) and (d) of this Section 5.

Appears in 3 contracts

Samples: Investment Advisory Agreement (MLP & Strategic Equity Fund Inc.), Investment Advisory Agreement (Global Income & Currency Fund Inc.), Investment Advisory Agreement (Dow 30 Enhanced Premium & Income Fund Inc.)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectusexecution, subject to provisions (b), (c) and (dc) of this Section 54.

Appears in 3 contracts

Samples: Investment Advisory and Management Agreement (Ares Dynamic Credit Allocation Fund, Inc.), Investment Advisory Agreement (Ares Multi-Strategy Credit Fund, Inc.), Investment Advisory and Management Agreement (Ares Dynamic Credit Allocation Fund, Inc.)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the FundPortfolios, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund Portfolios with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fundeach Portfolio’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the FundPortfolio’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s Portfolios’ current ProspectusDisclosure Documents, subject to provisions (b), (c) and (dc) of this Section 5.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Bernstein Fund Inc), Investment Advisory Agreement (Bernstein Fund Inc)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s 's agent to give instructions to the Fund’s 's custodian as to deliveries of securities or other investments and payments of cash for the Fund’s 's account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectusexecution, subject to provisions (b), (c) and (dc) of this Section 52.

Appears in 2 contracts

Samples: Investment Advisory and Management Agreement (Ares Private Markets Fund), Investment Advisory and Management Agreement (Ares Private Markets Fund)

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Placement of Orders. The Adviser will take all actions that it considers reasonably necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectusexecution, subject to provisions (b), (c) and (dc) of this Section 54.

Appears in 1 contract

Samples: Investment Advisory Agreement (Monachil Credit Income Fund)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectus, subject to provisions (b), (c) and (dc) of this Section 5.

Appears in 1 contract

Samples: Investment Advisory Agreement (Apollo S3 Private Markets Fund)

Placement of Orders. The Adviser will take all actions that it considers necessary to implement the investment policies of the Fund, and, in particular, to place all orders for the purchase or sale of securities or other investments for the Fund with brokers or dealers the Adviser, in its sole discretion, selects. To that end, the Adviser is authorized as the Fund’s agent to give instructions to the Fund’s custodian as to deliveries of securities or other investments and payments of cash for the Fund’s account. In connection with the selection of brokers or dealers and the placement of purchase and sale orders, the Adviser is subject to the supervision of the Board of Directors and is directed at all times to seek to obtain best execution and price within the policy guidelines determined by the Board and set out in the Fund’s current Prospectusexecution, subject to provisions (b), (c) and (dc) of this Section 52.

Appears in 1 contract

Samples: Investment Advisory and Management Agreement (Ares Private Markets Fund)

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