Common use of Management Obligations Clause in Contracts

Management Obligations. 11.1 Pe Manager shall devote such time and attention and have all necessary competent personnel and equipment as may be required to enable it to provide the services under this Agreement properly and efficiently, and in compliance with the applicable FCA Rules. 11.2 Except as disclosed in the Investment Overview and as otherwise provided in this Agreement (for example on early termination or if the Manager determines in good faith that a disposal of an Investment is in the best interests of the Investor), the Manager shall not take any action the direct result of which would prejudice obtaining Business Relief in relation to any investee company. Pe Investor acknowledges and agrees that circumstances may arise whereby it may be more efficient to lose the tax relief in order to realise the investment in an investee company, including (but not limited to) circumstances where the gain exceeds the tax benefits.