Common use of PRUDENCE AND DIVERSIFICATION Clause in Contracts

PRUDENCE AND DIVERSIFICATION. The Investment Sub- Adviser shall discharge its duties hereunder at all times with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (American Fidelity Dual Strategy Fund Inc), Investment Sub Advisory Agreement (American Fidelity Dual Strategy Fund Inc)

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PRUDENCE AND DIVERSIFICATION. The Investment Sub- Sub-Adviser shall discharge its duties hereunder at all times with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (American Fidelity Dual Strategy Fund Inc), Investment Sub Advisory Agreement (American Fidelity Dual Strategy Fund Inc)

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