Services and Duties of UBS Global AM Sample Clauses

Services and Duties of UBS Global AM a. UBS Global AM agrees to sell Shares on a best efforts basis from time to time during the term of this Contract as agent for the Fund and upon the terms described in the Registration Statement.
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Services and Duties of UBS Global AM. (a) Subject to the supervision of the Board of Trustees (Board) and UBS Financial Services, UBS Global AM will provide a continuous investment program for each Series, including investment research and management with respect to all securities, investments and cash equivalents held in the portfolio of each Series. UBS Global AM will determine from time to time what investments will be purchased, retained or sold by each Series. UBS Global AM will be responsible for placing purchase and sale orders for investments and for other related transactions. UBS Global AM will provide services under this agreement in accordance with the Series investment objective, policies and restrictions as stated in the Series Prospectuses. (b) UBS Global AM agrees that, in placing orders with brokers, it will attempt to obtain the best net result in terms of price and execution; provided that, on behalf of any Series, UBS Global AM may, in its discretion, effect securities transactions with brokers and dealers who provide the Series with research, analysis, advice and similar services, and UBS Global AM may pay to those brokers and dealers, in return for brokerage and research services and analysis, a higher commission than may be charged by other brokers and dealers, subject to UBS Global AM determining in good faith that such commission is reasonable in terms either of the particular transaction or of the overall responsibility of UBS Global AM and its affiliates to such Series and its other clients, and that the total commissions paid by such Series will be reasonable in relation to the benefits to such Series over the long term. In no instance will portfolio securities be purchased from or sold to UBS Financial Services, UBS Global AM or any affiliated person thereof, except in accordance with the federal securities laws and the rules and regulations thereunder, or any applicable exemptive orders. Whenever UBS Global AM simultaneously places orders to purchase or sell the same security on behalf of a Series and one or more other accounts advised by UBS Global AM, such orders will be allocated as to price and amount among all such accounts in a manner believed to be equitable to each account. The Fund recognizes that in some cases this procedure may adversely affect the results obtained for a Series. (c) UBS Global AM will oversee the maintenance of all books and records with respect to the securities transactions of each Series and will furnish the Board with such periodic ...
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Services and Duties of UBS Global AM. (a) Subject to the supervision of the Board of Directors ("Board") and UBS Financial Services, UBS Global AM will provide a continuous investment program for each Series including investment research and management with respect to all securities, investments and cash equivalents held in the portfolio of each Series. UBS Global AM will determine from time to time what securities and other investments will be purchased, retained or sold by each Series.
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Services and Duties of UBS Global AM. UBS Global AM will assist in administering the affairs of the Fund, subject to the supervision of the Fund's Board of Directors ("Board") and UBS Financial Services, and further subject to the following understandings:
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Services and Duties of UBS Global AM. (a) Subject to the supervision of the Board of Trustees ("Board") and UBS Financial Services, UBS Global AM will provide a continuous investment program for each Series, including investment research and management with respect to all securities, investments and cash equivalents held in the portfolio of each Series. UBS Global AM will determine from time to time what investments will be purchased, retained or sold by each Series. UBS Global AM will be responsible for placing purchase and sale orders for investments and for other related transactions. UBS Global AM will provide services under this agreement in accordance with the Series' investment objective, policies and restrictions as stated in the Series' Prospectuses.
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Related to Services and Duties of UBS Global AM

  • Services and Duties of USBFS USBFS shall provide the following accounting services to the Fund:

  • Services and Duties of Fund Services Fund Services shall provide the following administration services to each Fund:

  • Services and Duties As Administrator, and subject to the supervision and control of the Trustees of each Trust, EIS will hereafter provide facilities, equipment and personnel to carry out the following administrative services for operation of the business and affairs of each Trust and each of its series:

  • Services and Duties of the Distributor A. The Distributor agrees to sell Shares on a best efforts basis as agent for the Trust upon the terms and at the current offering price (plus sales charge, if any) described in the Prospectus. As used in this Agreement, the term “Prospectus” shall mean the current prospectus, including the statement of additional information, as both may be amended or supplemented, relating to the Fund and included in the currently effective registration statement (the “Registration Statement”) of the Trust filed under the Securities Act of 1933, as amended (the “1933 Act”) and the 1940 Act. The Trust shall in all cases receive the net asset value per Share on all sales. If a sales charge is in effect, the Distributor shall remit the sales charge (or portion thereof) to broker-dealers who have sold Shares, as described in Section 2(G), below. In no event shall the Distributor be entitled to all or any portion of such sales charge.

  • Services and Duties of Investment Sub-Adviser Subject to the general supervision and oversight of the Adviser and the Board of Trustees of the Trust (the “Board”), the Sub-Adviser will:

  • Offices and Duties The provisions of this Section 3 will apply during the Term, except as otherwise provided in Section 7(c) or 7(e):

  • POWERS AND DUTIES OF CUSTODIAN As custodian, the Custodian shall have and perform the powers and duties set forth in this Article II. Pursuant to and in accordance with Article IV hereof, the Custodian may appoint one or more Subcustodians (as hereinafter defined) to exercise the powers and perform the duties of the Custodian set forth in this Article II and references to the Custodian in this Article II shall include any Subcustodian so appointed.

  • Appointment and Duties of the Operating Advisor (a) Park Bridge Lender Services LLC is hereby appointed to serve as the initial Operating Advisor. The Operating Advisor shall at all times be an Eligible Operating Advisor. The Operating Advisor shall at all times act in accordance with the Operating Advisor Standard in fulfilling its responsibilities and obligations under this Agreement.

  • Rights and Duties of Members 14.1 Subject to duties and obligations of the Managing Member, it is expressly understood that each Member may engage in any other business or investment, whether or not in direct competition with the business of the Company, and neither the Company nor any other Member shall have any rights in and to said businesses or investments, or the income or profits derived therefrom.

  • Other Duties of OFI GLOBAL OFI GLOBAL shall, at its own expense, provide and supervise the activities of all administrative and clerical personnel as shall be required to provide effective corporate administration for the Fund, including the compilation and maintenance of such records with respect to its operations as may reasonably be required; the preparation and filing of such reports with respect thereto as shall be required by the Commission; composition of periodic reports with respect to its operations for the shareholders of the Fund; composition of proxy materials for meetings of the Fund’s shareholders and the composition of such registration statements as may be required by federal securities laws for continuous public sale of shares of the Fund. OFI GLOBAL shall, at its own cost and expense, also provide the Fund with adequate office space, facilities and equipment.

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