Common use of Duties as Manager Clause in Contracts

Duties as Manager. Subject to the supervision of the Trustees of the Trust, the Manager shall administer each Fund's business affairs and manage the investment operations of each Fund and the composition of the portfolio of each Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees Directors of the TrustCompany, the Manager shall administer each Fund's business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees Directors of the TrustCompany, the Manager shall administer each Fund's ’s business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees of the TrustTrustees, the Manager shall administer each Fund's business affairs and manage the investment operations of each Fund and the composition compositions of the portfolio of each Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees of the ----------------- Trust, the Manager shall administer each the Fund's business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities thereinthereof, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees of the Trust, the Manager shall administer each the Fund's business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees of the Trust, the Manager shall administer each Fund's ’s business affairs and manage the investment operations of each Fund and the composition of the portfolio of each Fund, including the purchase, retention and disposition of securities therein, in accordance with the investment objectives, policies and restrictions of each Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees Directors of the TrustCompany, the Manager shall administer each the Fund's business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities thereinthereof, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees Directors of the Trust----------------- Company, the Manager shall administer each the Fund's business affairs and manage the investment operations of each the Fund and the composition of the portfolio of each the Fund, including the purchase, retention and disposition of securities thereinthereof, in accordance with the investment objectives, policies and restrictions of each the Fund, as stated in the currently effective Prospectus (as hereinafter defined) and subject to the following understandings:

Duties as Manager. Subject to the supervision of the Trustees of the Trust, the Manager shall administer each Fund's business affairs and manage the investment operations of each Fund and the composition of the portfolio of each Fund, including the purchase, retention and disposition of securities thereinthereof, in accordance with the investment objectives, policies and restrictions of each Fund, as stated in the its currently effective Prospectus (as hereinafter defined) and subject to the following understandings: