Common use of Services as Investment Advisor Clause in Contracts

Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's holdings in accordance with the Fund's investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor.

Appears in 11 contracts

Samples: Investment Advisory Agreement (RMR Real Estate Income Fund), Investment Advisory Agreement (RMR Real Estate Income Fund), Investment Advisory Agreement (RMR Real Estate Income Fund)

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Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's holdings in accordance with the Fund's investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor. Without limiting the generality of the foregoing, the Advisor is authorized to retain portfolio managers or sub-advisors to assist in managing the Fund's holdings and monitor adherence by the portfolio managers or sub-advisors to the Fund's investment objectives and policies.

Appears in 3 contracts

Samples: Investment Advisory Agreement (RMR Dividend Capture Fund), Investment Advisory Agreement (RMR Asia Real Estate Fund), Investment Advisory Agreement (RMR Asia Pacific Real Estate Fund)

Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage a)manage the Fund's Funds holdings in accordance with the Fund's Funds investment objectives and policies as stated in the Charter and the Registration Statement; (b) make b)make investment decisions for the Fund; (c) place c)place purchase and sale orders for portfolio transactions for the Fund; and (d) provide d)provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's Funds assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 paragraph2 to such persons provided that such persons shall remain under the general supervision of the Advisor.

Appears in 3 contracts

Samples: Investment Advisory Agreement (RMR Hospitality & Real Estate Fund), Investment Advisory Agreement (RMR F.I.R.E. Fund), Investment Advisory Agreement (RMR Real Estate Fund)

Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's ’s holdings in accordance with the Fund's ’s investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's ’s assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor. Without limiting the generality of the foregoing, the Advisor is authorized to retain portfolio managers or sub-advisors to assist in managing the Fund’s holdings and monitor adherence by the portfolio managers or sub-advisors to the Fund’s investment objectives and policies.

Appears in 1 contract

Samples: Investment Advisory Agreement (New RMR Asia Pacific Real Estate Fund)

Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's ’s holdings in accordance with the Fund's ’s investment objectives and policies as stated in the Charter and the Registration Statement; ; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's ’s assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor.

Appears in 1 contract

Samples: Investment Advisory Agreement (RMR Real Estate Income Fund)

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Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's Funds holdings in accordance with the Fund's Funds investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's Funds assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor.

Appears in 1 contract

Samples: Investment Advisory Agreement (RMR Preferred Dividend Fund)

Services as Investment Advisor. Subject to the supervision, direction and approval of the Board, the Advisor will (a) manage the Fund's ’s holdings in accordance with the Fund's ’s investment objectives and policies as stated in the Charter and the Registration Statement; (b) make investment decisions for the Fund; (c) place purchase and sale orders for portfolio transactions for the Fund; and (d) provide research services to the Fund. In providing those services, the Advisor will conduct a continual program of investment, evaluation and, if appropriate, sale and reinvestment of the Fund's ’s assets. In compliance with applicable law, the Advisor is hereby authorized to retain third parties and to delegate some or all of its duties and obligations under this paragraph 2 to such persons provided that such persons shall remain under the general supervision of the Advisor.

Appears in 1 contract

Samples: Investment Advisory Agreement (RMR Real Estate Income Fund)

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