Appointment of Asset Manager; Acceptance of Appointment Sample Clauses

Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the Series #TICKER Asset. The Asset Manager hereby accepts such appointment.
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Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #OJXLW Asset. The Asset Manager hereby accepts such appointment. Authority of the Asset Manager. Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the Managing Member of the Series, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the #OJXLW Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager shall devote such time to its duties under this Agreement as may be deemed reasonably necessary by the Asset Manager in light of the understanding that such duties are expected to be performed only at occasional or irregular intervals. The Asset Manager may delegate all or any of its duties under this Agreement to any Person who shall perform such delegated duties under the supervision of the Asset Manager on such terms as the Asset Manager shall determine. Notwithstanding any other provision of this Agreement to the contrary, the Asset Manager shall not have the authority to: acquire any asset or service for an amount equal to or greater than 1% of the value of the #OJXLW Asset as of such date, individually, or 3% of the value of the #OJXLW Asset as of such date, in the aggregate without the prior consent of the Managing Member of the Series; or sell, transfer, encumber or convey the #OJXLW Asset, provided, however, that the Asset Manager may deliver to the Managing Member of the Company any offers received by the Asset Manager to purchase the #OJXLW Asset and any research or analysis prepared by the Asset Manager regarding the potential sale of the #OJXLW Asset, including market analysis, survey results or information regarding any inquiries received and information regarding potential purchasers.
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the Series Gallery Drop 114 Asset. The Asset Manager hereby accepts such appointment.
Appointment of Asset Manager; Acceptance of Appointment. The Managing Member, on behalf of the Company, hereby appoints the Asset Manager as asset manager to the Company for the purpose of managing the Asset and administrator for the company to provide the administrative services set forth below. The Asset Manager hereby accepts such appointment.
Appointment of Asset Manager; Acceptance of Appointment. The #FTWDS hereby appoints the Asset Manager as asset manager to the #FTWDS for the purpose of managing the #FTWDS Asset. The Asset Manager hereby accepts such appointment.
Appointment of Asset Manager; Acceptance of Appointment. The #P7FJ5 hereby appoints the Asset Manager as asset manager to the #P7FJ5 for the purpose of managing the #P7FJ5 Asset. The Asset Manager hereby accepts such appointment.
Appointment of Asset Manager; Acceptance of Appointment. The Series hereby appoints the Asset Manager as asset manager to the Series for the purpose of managing the #DJVWQ Asset. The Asset Manager hereby accepts such appointment.
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Related to Appointment of Asset Manager; Acceptance of Appointment

  • ACCEPTANCE OF APPOINTMENT The Adviser accepts that appointment and agrees to render the services herein set forth, for the compensation herein provided. The assets of the Allocated Portion will be maintained in the custody of a custodian (who shall be identified by the Manager in writing). The Adviser will not have custody of any securities, cash or other assets of the Fund and will not be liable for any loss resulting from any act or omission of the custodian other than acts or omissions arising in reliance on instructions of the Adviser.

  • Appointment of Custodian On behalf of each of its Portfolios, each Fund hereby employs and appoints the Custodian as a custodian, subject to the terms and provisions of this Agreement. Each Fund shall deliver to the Custodian, or shall cause to be delivered to the Custodian, cash, securities and other assets owned by each of its Portfolios from time to time during the term of this Agreement and shall specify to which of its Portfolios such cash, securities and other assets are to be specifically allocated.

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