Investment Duties. Subject to the supervision of the Fund’s Board of Directors (the “Board”), the Manager will provide a continuous investment program for the Fund and will determine from time to time what securities and other investments will be purchased, retained or sold by the Fund. Subject to investment policies and guidelines established by the Board, the Manager will identify, evaluate, structure and close the investments to be made by the Fund, provide portfolio management and servicing of loans held in the Fund’s portfolio, and administer the Fund’s day-to-day affairs. The Manager will also arrange and recommend debt financing for the Fund, provided that no such debt may be incurred without the prior approval of the Board.
Appears in 6 contracts
Samples: Investment Management Agreement (Venture Lending & Leasing Fund IX, Inc.), Investment Management Agreement (Venture Lending & Leasing VIII, Inc.), Investment Management Agreement (WTI Fund X, Inc.)
Investment Duties. Subject to the supervision of the Fund’s Board of Directors (the “Board”), the Manager will provide a continuous investment program for the Fund and will determine from time to time what securities and other investments will be purchased, retained or sold by the Fund. Subject to investment policies and guidelines established by the Board, the Manager will identify, evaluate, structure and close the investments to be made by the Fund, provide portfolio management and servicing of loans held in the Fund’s portfolio, and administer the Fund’s day-to-day affairs. The Manager Manger will also arrange and recommend debt financing for the Fund, provided that no such debt may be incurred without the prior approval of the Board.
Appears in 2 contracts
Samples: Investment Management Agreement (Venture Lending & Leasing VII, Inc.), Investment Management Agreement (Venture Lending & Leasing VI, Inc.)
Investment Duties. Subject to the supervision of the Fund’s Board of Directors (the “Board”), the Manager will provide a continuous investment program for the Fund and will determine from time to time what securities and other investments will be purchased, retained or sold by the Fund. Subject to investment policies and guidelines established by the Board, the Manager will identify, evaluate, structure and close the investments to be made by the Fund, provide portfolio management and servicing of loans held in the Fund’s portfolio, and administer the Fund’s day-to-to- day affairs. The Manager will also arrange and recommend debt financing for the Fund, provided that no such debt may be incurred without the prior approval of the Board. 3.
Appears in 2 contracts
Samples: Management Agreement (Venture Lending & Leasing IX, Inc.), Management Agreement (Venture Lending & Leasing VIII, Inc.)
