Strategic Investment/Disinvestment Process Sample Clauses

Strategic Investment/Disinvestment Process. In previous agreements, XXXXX Senior Leadership and the commissioners of the New England state environmental agencies periodically entered into specific negotiations around high-priority, major shifts (i.e., strategic investments and disinvestments) in commitments. To date, the strategic investment/disinvestment work has given state partners the flexibility to identify priority investments and disinvestments to support the most critical environmental and public health priorities– operationalizing NEPPS in a new way. In FY2016, all states elected not to have a separate process and that any necessary disinvestment will be addressed and documented in their respective two-year P&C Lists going forward, as well as any comprehensive work plans generated. While the development of the FFY 2024-2027 PPA did not entail a separate strategic investment/disinvestment exercise, this general approach is well embedded in the process for identifying potential Areas for Collaboration (see Section V), as well as the process for negotiating the two-year P&C Lists and any comprehensive work plans generated.
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Strategic Investment/Disinvestment Process. EPA continues to shift away from a time when it unilaterally leads the conversation on issues and possible solutions and towards a more collaborative, partnership effort (i.e., joint governance) where EPA and the States pool their expertise, insights, and resources and work together with the states to protect the environment and public health in New England. In response to the New England State Commissioners' request for greater flexibility in addressing budget shortfalls and reduced staffing, the EPA, Region I Regional Administrator/Deputy Regional Administrator initiated a dialogue with the Commissioners in May 2013 resulting in an agreement for each state to submit proposals that represented high­ priority, major shifts (i.e., strategic investments and disinvestments) in commitments in order to provide flexibility to direct resources to their most critical environment and public health needs. To date, the Investment/Disinvestment work has given state partners the flexibility to identify priority investments and disinvestments to support the most critical environmental and public health priorities. Investment/disinvestment activities will continue to be addressed through the P&C List.

Related to Strategic Investment/Disinvestment Process

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

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