Common use of Investment Manager Clause in Contracts

Investment Manager. The Employer may employ as an investment manager or managers to manage all or any part of the Trust Fund any (i) investment advisor registered under the Investment Advisors Act of 1940; (ii) bank as defined in said Act; or (iii) insurance company qualified to perform investment management services in more than one state. Any investment manager shall have all powers of the Trustee in the management of such part of the Trust Fund, including the power to acquire or dispose of assets. In the event an investment manager is so appointed, the Trustee shall not be liable for the acts or omissions of such investment manager or be under any obligation to invest or otherwise manage that part of the Trust Fund which is subject to the management of the investment manager. The Employer shall notify the Trustee in writing of any appointment of an investment manager, and shall provide the Trustee with the investment manager's written acknowledgment that it is a fiduciary with respect to the Plan.

Investment Manager. The Employer may employ as an investment manager or managers to manage all or any part of the Trust Fund any (ia) investment advisor registered under the Investment Advisors Act of 1940; (iib) bank as defined in said Investment Advisors Act; or (iiic) insurance company qualified to perform investment management services in more than one state. Any investment manager shall have all powers of the Trustee in the management of such part of the Trust Fund, including the power to acquire or dispose of assets. In the event an investment manager is so appointed, the Trustee shall not be liable for the acts or omissions of such investment manager or be under any obligation to invest or otherwise manage that part of the Trust Fund which that is subject to the management of the investment manager. The Employer shall notify the Trustee in writing of any appointment of an investment manager, and shall provide the Trustee with the investment manager's ’s written acknowledgment that it is a fiduciary Fiduciary with respect to the Plan.

Investment Manager. The Employer may employ as an investment manager or managers to manage all or any part of the Trust Fund any (ia) investment advisor registered under the Investment Advisors Act of 1940; (iib) bank as defined in said Act; or (iiic) insurance company qualified to perform investment management services in more than one state. Any investment manager shall have all powers of the Trustee in the management of such part of the Trust Fund, including the power to acquire or dispose of assets. In the event an investment manager is so appointed, the Trustee shall not be liable for the acts or omissions of such investment manager or be under any obligation to invest or otherwise manage that part of the Trust Fund which that is subject to the management of the investment manager. The Employer shall notify the Trustee in writing of any appointment of an investment manager, and shall provide the Trustee with the investment manager's written acknowledgment that it is a fiduciary Fiduciary with respect to the Plan.

Investment Manager. The Employer may employ as an investment manager Investment Manager or managers 14535 48 05/01/07 to manage all or any part of the Trust Fund any (ia) investment advisor registered under the Investment Advisors Act of 1940; (iib) bank as defined in said Act; or (iiic) insurance company qualified to perform investment management services in more than one state. Any investment manager Investment Manager shall have all powers of the Trustee in the management of such part of the Trust Fund, including the power to acquire or dispose of assets. In the event an investment manager Investment Manager is so appointed, the Trustee shall not be liable for the acts or omissions of such investment manager Investment Manager or be under any obligation to invest or otherwise manage that part of the Trust Fund which that is subject to the management of the investment managerInvestment Manager. The Employer shall notify the Trustee in writing of any appointment of an investment managerInvestment Manager, and shall provide the Trustee with the investment managerInvestment Manager's written acknowledgment that it is a fiduciary with respect to the Plan.