Personnel, Office Space, and Facilities of Manager Clause Samples
The 'Personnel, Office Space, and Facilities of Manager' clause defines the manager's responsibility to provide the necessary staff, workspace, and resources required to perform their contractual duties. In practice, this means the manager must ensure that qualified personnel are available and that adequate office space and equipment are maintained to support the services being delivered. This clause ensures that the manager is properly equipped to fulfill their obligations, thereby minimizing operational disruptions and clarifying resource expectations between the parties.
Personnel, Office Space, and Facilities of Manager. The Manager at its own expense shall furnish or provide and pay the cost of such office space, office equipment, office personnel, and office services as the Manager requires in the performance of its investment advisory and other obligations under this Agreement.