Management of the Pooled Fund Sample Clauses

Management of the Pooled Fund. Are any amendments required to the Agreement in relation to the management of Pooled Fund Have the levels of contributions been agreed? How will changes to the levels of contributions be implemented? Have eligibility criteria been established? What are the rules about access to the pooled budget? Does the pooled fund manager require training? Have the pooled fund managers delegated powers been determined? Is there a protocol for disputes?
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Management of the Pooled Fund. 6.1 The Host Party for the purposes of this Agreement and of Regulation 7(4) of the Regulations shall be HBC or such other Party as the Parties may from time to time unanimously agree.
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Management of the Pooled Fund. If there is a Pooled Fund in respect of the Individual Scheme set out the protocol in respect of the pooled Fund.
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Management of the Pooled Fund. 6.1 The host party for the purposes of Regulation 7(4) of the Regulations shall be HBC or such other Party as the Parties may from time to time unanimously agree.
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Management of the Pooled Fund. 8.2 Financial management of the Pooled Fund will be overseen by the Partners’ Chief Financial Officers (CFOs) or equivalent.
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Management of the Pooled Fund. The Pooled Fund is created from allocations to the CCG and the Council but the arrangements do not absolve the relevant Partner of their statutory responsibilities. These are retained by the CCG Governing Body and the Council Cabinet/Executive. The governance arrangements for the BCF have therefore been designed to meet the requirements of the Partners to achieve economy, efficiency and effectiveness in their use of resources. This has been to ensure that: • Each Partner will also need to satisfy itself that the Pooled Fund complies with the requirements of its appropriate code of governance and annual governance reporting guidance1. • Each Partner must also satisfy itself that all other regulatory requirements are met e.g. ensure that discrete capital grant funding streams are only spent in accordance with the relevant grant conditions. Partners therefore need to make arrangements to ensure that this is happening. Given that the CCG and the Council are subject to different statutory provisions, it will be for each Partner to consider the regulatory impact of the decisions made. This is likely to be more onerous for the CCG in the partnership as they work within a tight regulatory framework: they are required to meet both NHS England and the Department of Health’s reporting requirements, and their auditors are required to express an explicit opinion on the regularity of their transactions. It is recognised that, although the Better Care Fund will operate as a Pooled Fund, the conditions attached to each funding stream will still have to be met. For example, where funding such as the 1 For the local authority the CIPFA/SOLACE Delivering Good Governance in Local Government: Framework and for the CCG, HM Treasury’s Managing Public Money and the UK Corporate Governance Code Disabled Facilities Grant has been earmarked for a particular purpose, it must be used only for that purpose. Appropriate accounting arrangements are in place.
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Management of the Pooled Fund. 6.1 The host partner for the purposes of Regulation 7(4) of the Regulations shall be TMBC or such other Partners as the Partners may from time to time unanimously agree
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Management of the Pooled Fund. 5.1 The Pooled Fund Administrator will provide all accounting services including information for inclusion in reports to groups and boards as required.
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Related to Management of the Pooled Fund

  • Management of the Partnership (a) Except as otherwise expressly provided in this Agreement, the General Partner shall have full, complete and exclusive discretion to manage and control the business of the Partnership for the purposes herein stated, and shall make all decisions affecting the business and assets of the Partnership. Subject to the restrictions specifically contained in this Agreement, the powers of the General Partner shall include, without limitation, the authority to take the following actions on behalf of the Partnership:

  • Management of the Trust The business and affairs of the Trust shall be managed by or under the direction of the Trustees, and they shall have all powers necessary or desirable to carry out that responsibility. The Trustees may execute all instruments and take all action they deem necessary or desirable to promote the interests of the Trust. Any determination made by the Trustees in good faith as to what is in the interests of the Trust shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees.

  • Management of the Company The Company's business and affairs shall be conducted and managed by the Member(s) in accordance with this Agreement and the laws of the State of the Formation. Single-Member (Applies ONLY if Single-Member): The Member(s) of the Company has sole authority and power to act for or on behalf of the Company, to do any act that would be binding on the Company or incur any expenditures on behalf of the Company. The Member(s) shall not be liable for the debts, obligations, or liabilities of the Company, including under a judgment, decree, or order of a court. The Company is organized as a “member-managed” limited liability company. The Member(s) is designated as the initial managing Member(s). Multi-Member (Applies ONLY if Multi-Member): Except as expressly provided elsewhere in this Agreement, all decisions respecting the management, operation, and control of the business and affairs of the Company and all determinations made in accordance with this Agreement shall be made by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests. Notwithstanding any other provision of this Agreement, the Member shall not, without the prior written consent of the unanimous vote or consent of the Member(s), sell, exchange, lease, assign or otherwise transfer all or substantially all of the assets of the Company; sell, exchange, lease (other than space leases in the ordinary course of business), assign or transfer the Company’s assets; mortgage, pledge or encumber the Company’s assets other than is expressly authorized by this Agreement; prepay, refinance, modify, extend or consolidate any existing mortgages or encumbrances; borrow money on behalf of the Company; lend any Company funds or other assets to any person or entity; establish any reserves for working capital repairs, replacements, improvements or any other purpose; confess a judgment against the Company; settle, compromise or release, discharge or pay any claim, demand or debt, including claims for insurance; approve a merger or consolidation of the Company with or into any other limited liability company, corporation, partnership or other entity; or change the nature or character of the business of the Company. The Member(s) shall receive such sums for compensation as Member(s) of the Company as may be determined from time to time by the affirmative vote or consent of Member(s) holding a majority of the Member(s)’ Percentage Interests.

  • Investment Advisory Facilities The Sub-Adviser, at its expense, will furnish all necessary investment facilities, including salaries of personnel, required for it to execute its duties hereunder.

  • Management and Control of the Company The Manager shall direct, manage and control the business of the Company to the best of such Manager’s ability and shall have full and complete authority, power and discretion to make any and all decisions and to do any and all things which the Manager shall deem to be reasonably required in light of the Company’s business and objectives.

  • Discretionary Investment Management Services The Adviser shall act as investment adviser with respect to each Fund. In such capacity, the Adviser shall, subject to the supervision of the Board, regularly provide each Fund with investment research, advice and supervision and shall furnish continuously an investment program for each Fund, consistent with the respective investment objectives and policies of each Fund. The Adviser shall determine, from time to time, what securities shall be purchased for each Fund, what securities shall be held or sold by each Fund and what portion of each Fund’s assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust (“Declaration of Trust”), as amended and supplemented (the “Declaration of Trust”), Bylaws and its registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), as filed with the Securities and Exchange Commission (the “Commission”), and with the investment objectives, policies and restrictions of each Fund, as each of the same shall be from time to time in effect. To carry out such obligations, and to the extent not prohibited by any of the foregoing, the Adviser shall exercise full discretion and act for each Fund in the same manner and with the same force and effect as each Fund itself might or could do with respect to purchases, sales or other transactions, as well as with respect to all other such things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions. No reference in this Agreement to the Adviser having full discretionary authority over each Fund’s investments shall in any way limit the right of the Board, in its sole discretion, to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of a Fund.

  • MANAGEMENT OF THE BUSINESS Pursuant to Section 00-00-000 of the Act, and as stated in its Articles, the Company’s day to day affairs are managed by the Member. The Member is responsible for the daily operations of the business.

  • INVESTMENT ADVISORY AND MANAGEMENT FEE (a) The Fund shall pay to the Advisor, and the Advisor agrees to accept, as full compensation for all services furnished or provided to such Fund pursuant to this Agreement, an annual management fee at the rate set forth in Schedule A to this Agreement.

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Management of REO Property (a) Prior to the acquisition of title to any Mortgaged Property securing a defaulted Mortgage Loan, the Special Servicer shall review the operation of such Mortgaged Property and determine the nature of the income that would be derived from such property if it were acquired by the Trust. If the Special Servicer determines from such review that:

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