Authority of Investment Manager Sample Clauses

Authority of Investment Manager. The investment manager of a Custom Fund shall have the authority to vote or execute proxies, exercise shareholder rights, manage, acquire, and dispose of Trust assets. Notwithstanding, the authority to vote proxies and exercise shareholder rights related to shares of Company Stock held in a Custom Fund is vested as provided otherwise in Section 16.
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Authority of Investment Manager. Subject to section 4 of this Agreement, Sub-Investment Manager shall have the discretionary authority to manage and control the assets in the Client Accounts, including the power to acquire assets for and dispose of assets in the Client Accounts. When exercising its authority under this section 3, Sub-Investment Manager shall be under no obligation to consult with or obtain the consent of Investment Manager, subject to any written instructions and procedures which Investment Manager shall communicate to Sub-Investment Manager. Provided Sub-Investment Manager manages the Client Accounts in accordance with the guidelines set out in Schedule B (as altered from time to time by agreement in writing), neither Sub-Investment Manager nor any of its agents, executives or employees shall be liable for any depreciation in the value of the Client Accounts or the consequences of any investment decisions made in good faith and in the absence of negligence or willful default. In this connection, Investment Manager accepts and agrees to the provisions of Schedule E (Ratification, Indemnity and Exclusion of Liability) which forms part of this Agreement. All transactions shall be subject to IMRO rules and the rules of any other regulatory authority to which Sub-Investment Manager is subject and to the dealing, settlement and other applicable rules or customs of the market or exchange (if any) on which such transaction is effected. In the event of any conflict between the terms of this Agreement and any such rules or customs, the latter shall prevail. The authority given to Sub-Investment Manager to manage the Client Accounts shall be irrevocable until this Agreement is terminated pursuant to clause 12 below and shall continue in force despite any event which might otherwise terminate it, until Sub-Investment Manager has actual notice of such event.
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Authority of Investment Manager. (a.) Under the supervision of the Board of each Fund and pursuant to this Agreement and in accordance with the 1940 Act, the Investment Manager shall be responsible for:
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Authority of Investment Manager. Subject at all times to the provisions of this Agreement, the Investment Manager shall have sole, complete and full power and authority to invest and reinvest all of the Investment Account Assets in such securities or other instruments as the Investment Manager, in its sole and absolute discretion, shall consider to be in the best interest of the Company, provided such investments are consistent with the Investment Guidelines, as the same may be amended, modified or restated as provided herein. In connection therewith, the Investment Manager shall have sole, complete and full power and authority to: (i) issue orders for the Investment Account to a broker-dealer or loan servicer; (ii) instruct the Custodian to exercise or abstain from exercising any option, privilege or right held in the Investment Account; (iii) monitor the correct collection of income on the Investment Account by the Custodian; and (iv) take any other action with respect to securities or other property in the Investment Account as needed to serve the best interest of the Company and to adhere to the Investment Guidelines. The Investment Manager shall be free to sell securities or other instruments in the Investment Account regardless of the length of time they have been held. The Investment Manager shall further be free to make investment changes regardless of the resulting rate of portfolio turnover, when it, in its sole discretion, shall determine that such changes will promote the investment objective of the Investment Account. The Investment Manager shall be authorized to represent the Included Entities in all dealings with loan servicers and originators in connection with loan investments and related activities, as described in the Investment Guidelines.
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Authority of Investment Manager. The authority of any Investment Manager, and the terms and conditions of its appointment and retention, shall be the sole responsibility of the Board and shall be set forth in the Investment Manager's agreement with the Board.
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Authority of Investment Manager. Subject to Section 4 of this ------------------------------- Agreement the Investment Manager shall have the discretionary authority to manage and control assets of the Client that are segregated in an Investment Manager Account, including the power to acquire and dispose of assets in each Investment Manager Account. In exercise of that power, the Investment Manager may invest and reinvest the assets, without distinction between principal and income, in investments described by the Client's investment management guidelines, consisting of Schedule B to this Agreement. When exercising its authority under this Section 3, the Investment Manager shall be under no obligation to consult with or obtain the consent of the Client. The assets initially segregated into each Investment Manager Account shall be cash. Assets other than cash may be segregated into an Investment Manager Account with the consent of the Investment Manager. The Client may remove assets from any Investment Manager Account at any time without the consent of the Investment Manger. Upon segregating assets of the Client into an Investment Manager Account, the Client shall promptly inform the Investment Manager of all assets segregated into the Investment Manager Account. The Client shall also establish reporting and accounting arrangements so that the Investment Manager will be fully informed at all times as to the assets segregated into any Investment Manager Account.
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Authority of Investment Manager. Subject to Section 4 of this Agreement the Investment Manager shall have the discretionary authority to manage and control assets of the Client that are segregated in an Investment Manger Account, including the power to acquire and dispose of assets in each Investment Manager. In the exercise of that power the Investment Manger may invest and reinvest the assets, without distinction between principal and income, in investments described by the Client's investment management guidelines. When exercising its authority under this Section 3, the Investment Manager shall be under no obligation to consult with or obtain the consent of the Client. The assets initially segregated into each Investment Manager Account shall be cash. Assets other that cash may be segregated into an Investment Manager Account with the consent of the Investment Manager. The client may remove assets from any Investment Manager Account at any time without the consent of the Investment Manger. 2 Upon segregating assets of the Client into an Investment Manager Account, the Client shall promptly inform the Investment Manager of all assets segregated into the Investment Manager Account. The Client shall also establish reporting and accounting arrangements so that the Investment Manager will be fully informed at all times as to the assets segregated into any Investment Manager Account.
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Authority of Investment Manager. In connection with its obligations hereunder, the Investment Manager will have authority for and in the name of the Partnership:
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Authority of Investment Manager 
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Related to Authority of Investment Manager

  • Authority of General Partner The General Partner shall have sole authority to manage the business and affairs of the Partnership, which authority shall be delegated as provided in this Agreement. Subject to the limitations in this Agreement, the General Partner shall have the authority to take any action it deems to be necessary or appropriate in connection with the business and affairs of the Partnership, including without limitation the power and authority to:

  • Authority of Manager (a) The Manager shall have the exclusive authority to manage the operations and affairs of the Company, shall have the power on behalf and in the name of the Company to carry out any and all of the objects and purposes of the Company, and shall have all authority, rights, and powers conferred by law and those required or appropriate for the management of the Company business.

  • Authority of the Manager The Manager for, and in the name and on behalf of the Company, is hereby authorized to:

  • Scope of Investment Authority (a) The Subadviser is hereby authorized, on a discretionary basis, to manage the investments and determine the composition of the assets of the Fund, subject at all times to (i) the supervision and control of the Trustees, (ii) the requirements of the Investment Company Act of 1940, as amended (the “Investment Company Act”) and the rules thereunder, (iii) the investment objective, policies and limitations, as provided in the Fund’s Prospectus and other governing documents, and (iv) such instructions, policies and limitations relating to the Fund and/or the performance of oversight of the Subadviser’s duties hereunder as the Trustees or Manager may from time to time adopt and communicate in writing to Subadviser. Notwithstanding anything herein to the contrary, Subadviser is not authorized to take any action, including the purchase and sale of portfolio securities, in contravention of any restriction, limitation, objective, policy or instruction described in the previous sentence.

  • Authority of Representatives In all dealings hereunder, the Representatives of the Underwriters of the Designated Securities shall act on behalf of each of such Underwriters, and the parties hereto shall be entitled to act and rely upon any statement, request, notice or agreement on behalf of any Underwriter made or given by such Representatives jointly or by such of the Representatives, if any, as may be designated for such purpose in the Pricing Agreement.

  • Authority of Representative The Representative shall have the power, on behalf of each Holder, to pursue such remedies as may be available by law and pursuant to this Revenue Sharing Agreement, for the purpose of maximizing the return to the Holders as a group, and to settle the claims of each Holder on such terms as the Representative may determine in its sole and unlimited discretion, subject to the other provisions of this Revenue Sharing Agreement. The Representative may pursue such remedies notwithstanding that the Representative does not have physical possession of the Notes and without naming the Holders as parties.

  • Authority of the Asset Manager (a) Except as set forth in Section 2(e) below and any guidance as may be established from time to time by the managing member of the Series or the Advisory Board, the Asset Manager shall have sole authority and complete discretion over the care, custody, maintenance and management of the Series Collection Drop 004 Asset and to take any action that it deems necessary or desirable in connection therewith. The Asset Manager is authorized on behalf of the Series to, among other things:

  • AUTHORITY OF PARTIES 5.1 Nothing in this Agreement will constitute or be deemed to constitute a partnership between the Parties, or constitute or be deemed to constitute the Parties as agents or employees of one another for any purpose or in any form whatsoever.

  • Authority of the Company To carry out its purposes, the Company, consistent with and subject to the provisions of this Agreement and applicable law, is empowered and authorized to do any and all acts and things incidental to, or necessary, appropriate, proper, advisable, or convenient for, the furtherance and accomplishment of its purposes.

  • Authority of Advisor (a) Pursuant to the terms of this Agreement (including the restrictions included in this Section 4 and in Section 9), and subject to the continuing and exclusive authority of the Board over the supervision of the Company, the Company, acting on the authority of the Board of Directors, hereby delegates to the Advisor the authority to perform the services described in Section 3.

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