Examples of Investment Advisor in a sentence
The Custodian shall have no duty other than to follow the written investment directions of such Investment Advisor and shall be under no duty to question said instructions, and the Custodian shall not be liable for any investment losses sustained by the Depositor.
All contributions to the custodial account shall be invested in the shares of the Spyglass Growth Fund or, if available, any other series of Spyglass Growth Fund or other regulated investment companies for which Spyglass Growth Fund LLC serves as Investment Advisor or designates as being eligible for investment.
The Custodian shall comply with any investment directions furnished to it by the Investment Advisor, unless and until it receives written notification from the Depositor that the Investment Advisor's appointment has been terminated.
The Depositor shall notify the Custodian in writing of any such appointment by providing the Custodian a copy of the instruments appointing the Investment Advisor and evidencing the Investment Advisor's acceptance of such appointment, an acknowledgement by the Investment Advisor that it is a fiduciary of the account, and a certificate evidencing the Investment Advisor's current registration under the Investment Advisor's Act of 1940.
If the case, the Client has designated an Investment Advisor for the administration of its account, the Client acknowledges and accepts that in terms of the Stock Market Law the Bank is relieved of the responsibility with the Client, in regard to those transactions it performs in compliance with the instructions ordered by the Investment Advisor designated by the Client.