Common use of ADDITIONS AND DELETIONS Clause in Contracts

ADDITIONS AND DELETIONS. Additions to and deletions from the Approved List may be made from time to time by the Trustee upon the written recommendation by the Advisor, or on the Trustee’s own initiative. In lieu of deleting a security entirely, the Trustee may restrict further purchases of such security or direct a reduction in the holdings thereof. A security once deleted from the Approved List shall not thereafter be added to the Approved List without a new approval by the Trustee.

Appears in 23 contracts

Samples: Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr), Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr), Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr)

AutoNDA by SimpleDocs

ADDITIONS AND DELETIONS. Additions to and deletions from the Approved List may be made from time to time by the Trustee upon the written recommendation by the Advisor, or on the Trustee’s own initiativeinitiative upon reasonable notice to the Advisor. In lieu of deleting a security entirely, the Trustee may restrict further purchases of such security or direct a reduction in the holdings thereof. A security once deleted from the Approved List shall not thereafter be added to the Approved List without a new approval by the Trustee.

Appears in 1 contract

Samples: Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr)

AutoNDA by SimpleDocs

ADDITIONS AND DELETIONS. Additions to and deletions from the Approved List may be made from time to time by the Trustee upon the written recommendation by the Advisor, or on the Trustee’s 's own initiative. In lieu of deleting a security entirely, the Trustee may restrict further purchases of such security or direct a reduction in the holdings thereof. A security once deleted from the Approved List shall not thereafter be added to the Approved List without a new approval by the Trustee.

Appears in 1 contract

Samples: Investment Advisor Agreement (American Bar Association Members / Northern Trust Collective Tr)

Time is Money Join Law Insider Premium to draft better contracts faster.