Common use of Additional Investment Services; Considerations and Acknowledgments Clause in Contracts

Additional Investment Services; Considerations and Acknowledgments. As agreed between the parties from time to time, the Manager may provide certain operating, analytical, and reporting support ("Additional Investment Services") for those portfolios of the Company managed by the Manager and by other parties. The Additional Investment Services may include, but are not limited to the following: (i) establishing appropriate investment mandates and strategies, (ii) drafting investment policies and guidelines, (iii) supporting the Company's operations, including custodial assistance, (iv) creating a consolidated risk reporting platform for the Company, (v) providing asset-liability reporting, (vi) providing income projections, and (vii) broad and general consulting on accounting, operational, regulatory, and other strategic issues. The Company understands and acknowledges that (a) all Additional Investment Services require the Manager to exercise good-faith judgments that may ultimately prove to be erroneous, (b) in connection with providing the Additional Investment Services, the Manager will make certain assumptions about the movements of interest rates, volatility of interest rates, movements of spreads, and the relationship of mortgage prepayments to interest rates, (c) the Manager's assumptions will not necessarily capture all the characteristics and risks inherent in the Company's portfolios, and (d) the Manager's assumptions are based upon information provided to the Manager by the Company or certain of its third-party vendors that is assumed to be reliable and accurate, but the Manager does not represent or warrant that it is accurate or complete, and will not be responsible for verifying the accuracy of any such information.

Appears in 3 contracts

Samples: Manager Agreement (Flagstone Reinsurance Holdings LTD), Investment Manager Agreement (Century Bancorp Inc), Investment Manager Agreement (Validus Holdings LTD)

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Additional Investment Services; Considerations and Acknowledgments. As agreed between the parties from time to time, the Manager may provide certain operating, analytical, and reporting support ("Additional Investment Services") for those portfolios of the Company Client managed by the Manager and by other parties. The Additional Investment Services may include, but are not limited to the following: (ia) establishing appropriate investment mandates and strategies, ; (iib) drafting investment policies and guidelines, ; (iiic) supporting the Company's Client’s operations, including custodial assistance, providing assistance to the Client’s custodian; (ivd) creating a consolidated risk reporting platform for the Company, Client; (ve) providing asset-liability reporting, ; (vif) providing income projections, ; and (viig) providing broad and general consulting on accounting, operational, regulatory, and other strategic issues. The Company Client understands and acknowledges that that: (a) all Additional Investment Services require the Manager to exercise good-faith judgments that may ultimately prove to be erroneous, ; (b) in connection with providing the Additional Investment Services, the Manager will make certain assumptions about the movements of interest rates, volatility of interest rates, movements of spreads, and the relationship of mortgage prepayments to interest rates, ; (c) the Manager's ’s assumptions will not necessarily capture all of the characteristics and risks inherent in the Company's Client’s portfolios, ; and (d) the Manager's ’s assumptions are based upon information provided to the Manager by the Company Client or certain of its third-party vendors that is assumed to be reliable and accurate, but the Manager does not represent or warrant that it is accurate or complete, and will not be responsible for verifying the accuracy of any such information.

Appears in 3 contracts

Samples: Investment Management Agreement, Investment Management Agreement (Allied World Assurance Co Holdings, AG), Investment Management Agreement (ALTERRA CAPITAL HOLDINGS LTD)

Additional Investment Services; Considerations and Acknowledgments. As agreed between the parties from time to time, the Manager may provide certain operating, analytical, and reporting support ("Additional Investment Services") for those portfolios of the Company managed by the Manager and by other parties. The Additional Investment Services may include, but are not limited to the following: (i) establishing appropriate investment mandates and strategies, (ii) drafting investment policies and guidelines, (iii) supporting the Company's ’s operations, including custodial assistance, (iv) creating a consolidated risk reporting platform for the Company, (v) providing asset-liability reporting, (vi) providing income projections, and (vii) broad and general consulting on accounting, operational, regulatory, and other strategic issues. The Company understands and acknowledges that (a) all Additional Investment Services require the Manager to exercise good-faith judgments that may ultimately prove to be erroneous, (b) in connection with providing the Additional Investment Services, the Manager will make certain assumptions about the movements of interest rates, volatility of interest rates, movements of spreads, and the relationship of mortgage prepayments to interest rates, (c) the Manager's ’s assumptions will not necessarily capture all the characteristics and risks inherent in the Company's ’s portfolios, and (d) the Manager's ’s assumptions are based upon information provided to the Manager by the Company or certain of its third-party vendors that is assumed to be reliable and accurate, but the Manager does not represent or warrant that it is accurate or complete, and will not be responsible for verifying the accuracy of any such information.

Appears in 2 contracts

Samples: Investment Manager Agreement (ALTERRA CAPITAL HOLDINGS LTD), Investment Manager Agreement (Geovera Insurance Holdings, Ltd.)

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Additional Investment Services; Considerations and Acknowledgments. As agreed between the parties from time to time, the Manager may provide certain operating, analytical, and reporting support ("Additional Investment Services") for those portfolios of the Company Client managed by the Manager and by other parties. The Additional Investment Services may include, but are not limited to the following: (ia) establishing appropriate investment mandates and strategies, ; (iib) drafting investment policies and guidelines, ; (iiic) supporting the Company's Client’s operations, including custodial assistance, providing assistance to the Client’s custodian; (ivd) creating a consolidated risk reporting platform for the Company, Client; (ve) providing asset-liability reporting, ; (vif) providing income projections, ; and (viig) providing broad and general consulting on accounting, operational, regulatory, and other strategic issues. The Company Client understands and acknowledges that that: (a) all Additional Investment Services require the Manager to exercise good-faith judgments that may ultimately prove to be erroneous, ; (b) in connection with providing the Additional Investment Services, the Manager will make certain assumptions about the movements of interest rates, volatility of interest rates, movements of spreads, and the relationship of mortgage prepayments to interest rates, ; (c) the Manager's ’s assumptions will not necessarily capture all of the characteristics and risks inherent in the Company's Client’s portfolios, ; and (d) the Manager's ’s assumptions are based in part upon information provided to the Manager by the Company Client or certain of its third-party vendors that is assumed to be reliable and accurate, but the Manager does not represent or warrant that it is accurate or complete, and will not be responsible for verifying the accuracy of any such information.

Appears in 1 contract

Samples: Investment Management Agreement (Transatlantic Holdings Inc)

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