Power and Appointment of Manager Sample Clauses

Power and Appointment of Manager. The Manager reserves and retains full authority and responsibility and the exclusive power to manage the business and affairs of the Funds, including without limitation to provide to the Funds all necessary investment management, including but not limited to directing the investment of the Fund assets, and all clerical, administrative, and operational services as set forth in this Article 7 or elsewhere in this Master Trust Agreement. For greater certainty, it is hereby confirmed that the Trustee in any capacity hereunder shall have no responsibility for investment management of the securities or other assets of the Funds or for any investment decisions, initiating any trades in respect of any Fund assets, or for providing any Fund valuation or recordkeeping services, save and except for carrying out the instructions given to it pursuant to this Master Trust Agreement and for decisions made by the Trustee, other than on the written instructions of the Manager, in the exercise of the specific powers and authorities provided to the Trustee in Section 6.5. Without limitation, the Trustee in any capacity hereunder shall have no responsibility or liability whatsoever for the monitoring of any investment objectives or restrictions of the Funds.
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Power and Appointment of Manager. The Manager reserves and retains full authority and responsibility and the exclusive power (i) to manage the business and affairs of the Funds, including without limitation to provide to the Funds all necessary investment management, including but not limited to directing the investment of the Fund assets, and all clerical, administrative, and operational services as set forth in this Article 7 or elsewhere in this Master Trust Agreement, and (ii) appoint a Custodian to hold the assets and property of the Funds, as more specifically set forth in Section 7.2(m) hereof. The Manager, on behalf of the Funds, reserves and retains the power to assign, convey, mortgage, pledge, hypothecate and charge in favour of, and grant a security interest in all of the Fund’s right, title and interest in and to the Fund assets to another party in accordance with the terms of this Trust Agreement. The Manager shall provide or arrange to provide all Fund valuation and recordkeeping services for the Funds. For greater certainty, it is hereby confirmed that the Trustee in any capacity hereunder shall have no responsibility for investment management of the securities or other assets of the Funds or for any investment decisions, initiating any trades in respect of any Fund assets, or for providing any Fund valuation or recordkeeping services, save and except for carrying out the instructions given to it pursuant to this Master Trust Agreement and for decisions made by the Trustee, other than on the written instructions of the Manager, in the exercise of the specific powers and authorities provided to the Trustee in Section 6.5. Without limitation, the Trustee in any capacity hereunder shall have no responsibility or liability whatsoever for the monitoring of any investment objectives or restrictions of the Funds.
Sample 1

Related to Power and Appointment of Manager

  • Appointment of Manager Owner hereby engages and retains Manager as the manager and as tenant coordinating agent of the Properties, and Manager hereby accepts such appointment on the terms and conditions hereinafter set forth; it being understood that this Management Agreement shall cause Manager to be, at law, Owner’s agent upon the terms contained herein.

  • Hiring and Appointments Section 4.1 as specifically established in Subsections 4.2(A), (E) and (F) applies to part-time hourly appointees.

  • Appointment of Key Sub-Contractors The Supplier shall ensure that all Sub-Contracts contain a provision: requiring the Supplier to pay any undisputed sums which are due from it to the Sub-Contractor within a specified period not exceeding thirty (30) days from the receipt of a valid invoice; requiring that any invoices submitted by a Sub-Contractor shall be considered and verified by the Supplier in a timely fashion and that undue delay in doing so shall not be sufficient justification for failing to regard an invoice as valid and undisputed; requiring the Sub-Contractor to include in any Sub-Contract which it in turn awards suitable provisions to impose, as between the parties to that Sub-Contract, requirements to the same effect as those required by sub-clauses 5.17.1 and 5.17.2 directly above; and conferring a right to the Customer to publish the Supplier’s compliance with its obligation to pay undisputed invoices within the specified payment period. The Supplier shall pay any undisputed sums which are due from it to a Sub-Contractor within thirty (30) days from the receipt of a valid invoice. Any invoices submitted by a Sub-Contractor to the Supplier shall be considered and verified by the Supplier in a timely fashion. Undue delay in doing so shall not be sufficient justification for the Supplier failing to regard an invoice as valid and undisputed. Notwithstanding any provision of Clauses 9.2 (Confidentiality) and 13 (Publicity, Media and Official Enquiries) if the Supplier notifies the Customer that the Supplier has failed to pay an undisputed Sub-Contractor’s invoice within thirty (30) days of receipt, or the Customer otherwise discovers the same, the Customer shall be entitled to publish the details of the late or non-payment (including on Government websites and in the press).

  • Appointment of Directors Immediately upon the Effective Time, Parent shall, in accordance with Section 2.3(d), accept the resignations and cause the appointments of those officers and directors of Parent identified in Exhibit C hereto, subject to any notice and waiting period requirements of federal law. At the first annual meeting of Parent’s stockholders and thereafter, the election of members of Parent’s Board of Directors shall be accomplished in accordance with the by-laws of Parent.

  • Initial Appointments The Company appoints the Trustee as the initial Paying Agent, the initial Registrar and the initial Conversion Agent.

  • Initial Appointment Upon initial appointment, a bargaining unit employee shall be issued a letter of offer, signed by the xxxx/director, citing specific terms and conditions of employment and his or her initial assignment of responsibilities. The University may enclose informational addenda, except that such addenda may not abridge the employee's rights or benefits provided in the BOT-UFF Agreement or BOT- UFF Policies. All academic year appointments for employees at a University shall begin on the same date. Two weeks prior to the beginning of classes each semester, the University shall send to the UFF Chapter a list of bargaining unit employees hired since the beginning of the previous semester, showing name; rank or title; department, college, program or employment unit; salary; and principal place of employment (campus). The initial letter of offer shall contain the following elements:

  • Appointment of mediator Within 10 Working Days of receipt of the notice referring the Dispute to mediation, the parties must attempt to agree on the identity of the mediator and, if they cannot agree within that timeframe, the mediator will be appointed by the President (or their nominee) of the New Zealand chapter of the Resolution Institute.

  • Appointment of Trustee The Depositor hereby appoints the Trustee as trustee of the Trust, effective as of the date hereof, to have all the rights, powers and duties set forth herein.

  • Appointment of Representatives 6.01 The Employer acknowledges the right of the Union to appoint employees as Representatives of the Union.

  • Appointment of Representative (a) Selection Upon the occurrence of an Event of Default, a single representative shall be appointed to represent all of the Holders (the “Representative”). The Representative (i) may, but need not, be a Holder; (ii) shall not be affiliated with or related to the Company; and (iii) shall be selected by the Holders as follows:

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