Management of the Funds. The Adviser hereby undertakes to act as investment adviser to the Funds. The Adviser shall regularly provide investment advice to the Funds and continuously supervise the investment and reinvestment of cash, securities and other property composing the assets of the Funds and, in furtherance thereof, shall:
Management of the Funds. The Sub-Adviser hereby undertakes to act as investment subadviser to the Funds. The Sub-Adviser shall regularly provide investment advice to the Funds and continuously supervise the investment and reinvestment of cash, securities and other property composing the assets of the Funds and, in furtherance thereof, shall:
Management of the Funds. The management of the funds concerns the increase of the profitability of the portfolio of the fund. By providing services of the management of the funds to a particular fund, there exists a possibility that the situations of the conflict of interest may arise: between the funds, that are under the management of the Company in a case when the Company will exercise inappropriate separation of the assets, and the principle of the separation of the assets will create an unjustified advantage for the one fund over the other; between the clients of the Company and the funds, that are under the management of the Company, when the Company as the manager of the fund is interested in the selling of the certificates of the investment funds to increase the commission for the management services, that is dependent on the amount of the emitted certificates of the investment fund, that is, from the amount of the assets of the fund.
Management of the Funds. The Recipient must:
Management of the Funds. The Recipient must ensure that the Funds are held in an account in the Recipient’s name and which the Recipient solely controls, with a deposit-taking institution authorised under the Banking Act 1959 (Cth) to carry on banking business in Australia; and identify the receipt and expenditure of the Funds separately within the Recipient’s accounts and records so that the Funds are identifiable at all times. Repayment of the Funds If, on expiry or on any earlier termination of this Agreement, DNP forms the reasonable opinion that any Funds have been used, spent or committed by the Recipient other than in accordance with this Agreement, DNP may by written notice to the Recipient require the Recipient to repay that part of the Funds, and the Recipient must repay to DNP the amount set out in the notice, within 20 business days of receipt of the notice.
Management of the Funds. Where a Fund takes the form of a company, nomination rights for the board of directors of the Fund shall be allocated in accordance with the shareholding proportions of shareholders of the Fund. The shareholders’ meeting shall be the highest authority of a Fund that takes the form of a company. Where a Fund takes the form of a partnership, the general partner will serve as the executive partner of the Fund and be responsible for (i) convening and holding meetings of the Fund partners; (ii) daily operation and management; (iii) investment management; and (iv) representing the Fund externally. The partners’ meeting shall be the highest authority of a Fund that takes the form of a partnership. Furthermore, a Fund will, generally, have an investment committee, who will be in charge of, among other things, reviewing and deciding on the Fund’s entrance into and exit from investments. FUND MANAGER Jingji Capital or its subsidiary will have priority to be appointed as the Fund Manager to the Funds. With the agreement of the Fund investors, a third party can also act as the Fund Manager. The Fund Manager’s responsibilities will include (i) filings; (ii) promotion and fundraising; (iii) investment, management and daily operations; and (iv) information disclosure obligations. The Fund Manager shall establish the investment committee for the Fund. MANAGEMENT FEE Each Fund shall pay the Fund Manager a management fee as follows:
Management of the Funds. The Partnership, the Company, and TEF GP, will act in good faith and use commercially reasonable efforts to ensure that (i) the Partnership continues as investment advisor and servicing agent to the Funds (as defined in the Partnership Agreement) and (ii) TEF GP remains the general partner of the Funds.
Management of the Funds. 15.1 MLA must establish and maintain all necessary accounting systems and financial procedures and controls, as required by the Act, the Corporations Act and this Agreement.
Management of the Funds. 15.1 Hort Innovation must establish and maintain all necessary accounting systems and financial procedures and controls, as required by the Act, the Corporations Act and this Agreement.
Management of the Funds. 7 .1 The FRDC must establish necess ary accounting systems, procedures and controls in accordance with the PGPA Act and this Agreement, including a Cost Allocation Policy, to ensure:
