Delegation and Allocation of Investment Functions Sample Clauses

Delegation and Allocation of Investment Functions. (1) The Trustees are authorized, in their discretion, by this Trust Agreement or by resolution, to allocate to the Investment Committee such duties and responsibilities to invest and reinvest such Fund assets as they shall specify in such allocation in accordance with Sections 5.5 and 5.3(a).
Sample 1
AutoNDA by SimpleDocs
Delegation and Allocation of Investment Functions. (a) The Trustees, in their discretion (i) may appoint to be investment manager a bank or trust company or insurance company organized and doing business under the laws of the United States or of any state, authorized under such laws to exercise trust powers, subject to supervision or examination by Federal or State authority, and having at all times a combined capital and surplus in excess of $10,000,000;
Sample 1Sample 2
Delegation and Allocation of Investment Functions. The Trustees, with respect to all or any part of the assets of the Fund, may appoint an Investment Manager or Managers to manage (including the power to acquire and dispose of) any assets of the Fund. No Trustee shall be liable for the acts or omissions of such Investment Manager, or be under an obligation to invest or otherwise manage any asset of the Fund which is subject to the management of any Investment Manager. Such Investment Manager must meet the requirements of Section 3(38)(B) & (C) of the Act.
Sample 1

Related to Delegation and Allocation of Investment Functions

  • Allocation and Reallocation Allocation and reallocation are the assignment or reassignment, respectively, of a classification to the appropriate grade in the compensation plan.

  • Facilitation of Investment Member States shall endeavour to cooperate in the facilitation of investments into and within ASEAN through, among others:

  • Promotion of Investments 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and shall accept such investments in accordance with its legislation.

  • Promotion and Admission of Investments (1) Each Contracting Party shall, according to its laws and regulations, promote and admit investments by investors of the other Contracting Party.

  • Allocation of Profits and Losses The Company’s profits and losses shall be allocated to the Member.

  • Promotion of Investment Member States shall cooperate in increasing awareness of ASEAN as an integrated investment area in order to increase foreign investment into ASEAN and intra-ASEAN investments through, among others:

  • Allocations of Profits and Losses Except as otherwise provided in this Agreement, Profits and Losses (and, to the extent necessary, individual items of income, gain or loss or deduction of the Partnership) shall be allocated in a manner such that the Capital Account of each Partner after giving effect to the Special Allocations set forth in Section 5.05 is, as nearly as possible, equal (proportionately) to (i) the distributions that would be made pursuant to Article IV if the Partnership were dissolved, its affairs wound up and its assets sold for cash equal to their Carrying Value, all Partnership liabilities were satisfied (limited with respect to each non-recourse liability to the Carrying Value of the assets securing such liability) and the net assets of the Partnership were distributed to the Partners pursuant to this Agreement, minus (ii) such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, computed immediately prior to the hypothetical sale of assets. For purposes of this Article V, each Unvested Unit shall be treated as a Vested Unit. Notwithstanding the foregoing, the General Partner shall make such adjustments to Capital Accounts as it determines in its sole discretion to be appropriate to ensure allocations are made in accordance with a partner’s interest in the Partnership.

  • Administration of the Contributions 1.1. The Bank shall be responsible only for performing those functions specifically set forth in this Agreement and shall not be subject to any other duties or responsibilities to the Donors, including, without limitation, any duties or obligations that might otherwise apply to a fiduciary or trustee under general principles of trust or fiduciary law. Nothing in this Agreement shall be considered a waiver of any privileges or immunities of the IBRD and XXX under their Articles of Agreement or any applicable law, all of which are expressly reserved.

  • Termination for Non-Allocation of Funds 4.17.2 Renegotiate the Contract under the revised funding conditions; or

  • Promotion and Protection of Investment (1) Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory, and admit such investments in accordance with its laws and policy.

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