Restricted Duties definition

Restricted Duties means activities restricted by the 1934 Act to SEC-registered transfer agents. For avoidance of doubt, it shall not be unreasonable for the Funds to condition consent on the receipt of adequate assurances that the delegate can provide the services required, meet the applicable contractual, legal and regulatory standards and Transfer Agent will not share Fund information with other fund groups.
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Restricted Duties means the following duties: providing management and strategic leadership with respect to all day-to-day operations; identifying, developing and maintaining client, vendor, supplier and distributor relations, including without limitation, through sales and marketing programs; negotiating agreements and other transactions with clients, vendors, suppliers, distributors and partners, including without limitation, purchases, rebates and subcontracting agreements; managing the sales force and management team, including without limitation, recruiting and hiring members of the executive team; developing and implementing operational infrastructure systems, processes and personnel; integrating strategic acquisitions; developing and implementing business strategies, plans and policies; profit and loss accountability; cost containment; scheduling; production management; supply chain management; and budget development. The Executive acknowledges and agrees that the foregoing duties comprise his current duties with the Company.
Sample 1

Examples of Restricted Duties in a sentence

  • Notwithstanding the foregoing, when utilizing affiliates to perform Restricted Duties in reliance on this Article 29.1 (in lieu of reliance on Article 4.1), BNYM may utilize only Employees of affiliates that are SEC-registered transfer agents.

Related to Restricted Duties

  • Restricted Activities means and includes the following:

  • Restricted Entity means (a) the Borrower and (b) each Restricted Subsidiary.

  • Permitted Intercompany Activities means any transactions between or among the Borrower and its Restricted Subsidiaries that are entered into in the ordinary course of business of the Borrower and its Restricted Subsidiaries and, in the good faith judgment of the Borrower are necessary or advisable in connection with the ownership or operation of the business of the Borrower and its Restricted Subsidiaries, including, but not limited to, (i) payroll, cash management, purchasing, insurance and hedging arrangements and (ii) management, technology and licensing arrangements.

  • Restrictive Agreement an agreement (other than a Loan Document) that conditions or restricts the right of any Borrower, Subsidiary or other Obligor to incur or repay Borrowed Money, to grant Liens on any assets, to declare or make Distributions, to modify, extend or renew any agreement evidencing Borrowed Money, or to repay any intercompany Debt.

  • Restricted Debt has the meaning set forth in Section 6.04(b).

  • Restrictive Agreements as defined in subsection 3.3(a).

  • Restricted Activity means directly or indirectly owning any interest in, managing, controlling, participating in, consulting with, rendering services for, or in any manner engaging in any business with any customer, supplier, competitor or other person having a business relation with the Company or any of its subsidiaries; provided however that the term "Restricted Activity" shall not include passive ownership of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of that corporation.

  • Restricted Parties has the meaning set forth in Section 6.15(a).

  • export duties means Customs duties and other charges having an effect equivalent to customs duties payable on the exportation of goods;

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Payment Duties The meaning specified in Section 7.2(b)(vii).

  • import duties means any customs duties and other charges of equivalent effect levied on imported goods;

  • Restricted Party means a person that is:

  • Restricted Client means any person, firm, corporation or other organization to whom the Participant directly or indirectly performed or assisted in performing Relevant Services, or with which the Participant otherwise had material contact, or about which the Participant learned Confidential Information or Trade Secrets, within the twenty-four months prior to the date on which the Participant’s employment with the Constituent Companies terminated.

  • Permitted Recipients means the parties to this agreement, the employees of each party and any third parties engaged to perform obligations in connection with this Agreement;

  • Taxes and Duties means all taxes, duties, fees etc. payable as per applicable laws in India in connection with the development, operation and management of the Project;

  • restricted goods means any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited, save in accordance with any conditions regulating such importation, exportation, transfer, or carriage coastwise, and any goods the importation, exportation, transfer, or carriage coastwise, of which is in any way regulated by or under the Customs laws;

  • Restricted Distribution means as to any Person (i) any dividend or other distribution on any equity interest in such Person (except those payable solely in its equity interests of the same class) or (ii) any payment on account of (a) the purchase, redemption, retirement, defeasance, surrender or acquisition of any equity interests in such Person or any claim respecting the purchase or sale of any equity interest in such Person or (b) any option, warrant or other right to acquire any equity interests in such Person.

  • Restricted Enterprise means any Person that is actively engaged in any geographic area in any business which is either (i) in competition with the business of the Company or any of its subsidiaries or affiliates or (ii) proposed to be conducted by the Company or any of its subsidiaries or affiliates in their respective business plans as in effect at that time. During the Restriction Period, upon request of the Company, the Executive shall notify the Company of the Executive’s then-current employment status.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;