Common use of Investment Authorization Clause in Contracts

Investment Authorization. Client appoints Adviser as agent and attorney-in-fact with respect to investments on behalf of the Account. Adviser shall carry out such investing only upon written instructions received from Client. Pursuant to such instructions, Adviser shall direct the purchase, sale, exchange, conversion or other acquisition or disposition of shares of the Fund(s), as well as arrange for delivery and payment, and act on behalf of Client in all other matters incidental to the handling of Account investments as directed by Client. Client grants Adviser full authorization to issue such instructions, and engage in such transactions, as may be appropriate in connection with the management of the Account.

Investment Authorization. Client appoints Adviser as agent and attorney-in-fact with respect to effect investments on behalf of the Account. Adviser shall carry out such investing only upon written instructions received from Client. Pursuant to such instructions, Adviser shall direct the purchase, sale, exchange, conversion or other acquisition or disposition of shares of the Fund(s), as well as arrange for delivery and payment, and act on behalf of Client in all other matters incidental to the handling of Account investments as directed by Client. Client grants Adviser full authorization to issue such instructions, and engage in such transactions, as may be appropriate in connection with the management of the Account, including by instructing Adviser’s affiliated broker-dealer to execute transactions and/or place trade orders on behalf of client.

Investment Authorization. Client appoints Adviser as agent and attorney-in-fact with respect to investments on behalf of the Account. Adviser shall carry out such investing only upon written instructions received from Client. Pursuant to such instructions, Adviser shall direct the purchase, sale, exchange, conversion or other acquisition or disposition of shares of the Fund(s), as well as arrange for delivery and payment, and act on behalf of Client in all other matters incidental to the handling of Account investments as directed by Client. Client grants Adviser full authorization to issue such instructions, and engage in such transactions, as may be appropriate in connection with the management of the Account, including by instructing Adviser’s affiliated broker-dealer to execute transactions and/or place trade orders on behalf of client.