Powers and Duties of the Investment Manager Sample Clauses

Powers and Duties of the Investment Manager. 3.1 In managing the Account, FMR shall:
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Powers and Duties of the Investment Manager. 6.1 In its full and absolute discretion and without any obligation on its part to give prior notice to the Fund, the Investment Manager shall have sole, complete and full power and authority to trade, invest and reinvest all of the Investment Account Assets in such loans, securities or instruments as the Investment Manager, in its sole and absolute discretion, shall consider to be in the best interest of the Fund, provided such investments are consistent with the Investment Guidelines. In connection therewith, the Investment Manager shall have sole, complete and full power and authority to: (i) direct the Fund to make loans, acquire existing loans and sell loans which are or will be collateralized by first and/or second position security interests in residential and commercial real estate in the U.S. and the underlying real estate collateral (in the event of foreclosures or other circumstances that result in possession of the underlying real estate). Under the direction of the Investment Manager, the Fund may also finance real estate projects using other funding methods, including (but not limited to) joint venture equity financing (ii) monitor the servicing of the loans and the collection of income on the Investment Account by the Custodian; (iii) dispose of fund assets in accordance with its discretion and judgment in a manner which it believes will benefit the Fund and its investors; and (iv) take any other action with respect to securities or other property in the Investment Account as needed to serve the best interest of the Fund and to adhere to the Investment Guidelines. The Investment Manager shall further be free to make investment changes regardless of the resulting rate of portfolio turnover, when it, in its sole discretion, shall determine that such changes will promote the investment objective of the Investment Account.
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Powers and Duties of the Investment Manager. (a) Subject to the provisions of Sections 3 and 6 hereof and the requirement of Title I, Part 4 of ERISA pertaining to the responsibilities of fiduciaries, the Investment Manager shall use its best efforts to provide an opportunity for enhanced returns, consistent with appropriate risk diversification, by causing the Managed Assets to be invested and reinvested from time to time only in investment options offered to participants under the Trust, and to that end shall have full power and authority to:
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Powers and Duties of the Investment Manager. (a) Unless the Sponsor specifically limits the powers of an Investment Manager in an agreement between the Sponsor and the Investment Manager and notifies the Trustee in writing of such limitation, each Investment Manager shall have the exclusive power to direct the Trustee as to the investment and reinvestment of all assets under its management and the Trustee shall exercise its powers as set forth in Article VI as directed by each such Investment Manager.
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Powers and Duties of the Investment Manager. 3.1 During the continuance of its appointment hereunder, the Investment Manager shall (subject always to the provisions of Clause 3.3) have duties, obligations, full power, authority and right to, either itself or wholly or in part through its advisers render such services as the Issuer may from time to time require in connection with the management of the affairs of the Issuer, and in particular (without limiting the generality of the foregoing), the Investment Manager shall:
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Powers and Duties of the Investment Manager. (a) Unless the Trustees specifically limit the powers of an Investment Manager in an agreement between the Trustees and the Investment Manager, each Investment Manager shall have the exclusive power to acquire and dispose of all assets under the management of the Investment Manager.
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Powers and Duties of the Investment Manager 
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Related to Powers and Duties of the Investment Manager

  • Powers and Duties of the Trustee The rights, powers, duties and authorities of the Trustee under this Agreement, in its capacity as Trustee of the Trust, shall include:

  • Powers and Duties of the President Subject to the powers of the Chairman, if there be such an officer, the President shall be the principal executive officer of the Trust. The President may call meetings of the Trustees and of any Committee thereof when he deems it necessary and, in the absence of the Chairman, shall preside at all meetings of the Shareholders and the Trustees. Subject to the control of the Trustees, the Chairman and any Committees of the Trustees, within their respective spheres, as provided by the Trustees, the President shall at all times exercise a general supervision and direction over the affairs of the Trust. The President shall have the power to employ attorneys and counsel for the Trust or any Series or Class thereof, and other advisers and agents for the Trust and to employ such subordinate officers, agents, clerks and employees as the President may find necessary to transact the business of the Trust or any Series or Class thereof. The President shall also have the power to grant, issue, execute or sign such powers of attorney, proxies or other documents as may be deemed advisable or necessary in furtherance of the interests of the Trust or any Series or Class thereof. The President shall have such other powers and duties, as from time to time may be conferred upon or assigned to him by the Trustees.

  • Appointment and Duties of the Manager (a) The Company hereby appoints the Manager to manage the assets of the Company subject to the further terms and conditions set forth in this Agreement and the Manager hereby agrees to use its commercially reasonable efforts to perform each of the duties set forth herein. The appointment of the Manager shall be exclusive to the Manager except to the extent that the Manager otherwise agrees, in its sole and absolute discretion, and except to the extent that the Manager elects, pursuant to the terms of this Agreement, to cause the duties of the Manager hereunder to be provided by third parties.

  • POWERS AND DUTIES OF CUSTODIAN As custodian, the Custodian shall have and perform the powers and duties set forth in this Article II. Pursuant to and in accordance with Article IV hereof, the Custodian may appoint one or more Subcustodians (as hereinafter defined) to exercise the powers and perform the duties of the Custodian set forth in this Article II and references to the Custodian in this Article II shall include any Subcustodian so appointed.

  • Powers and Duties of Trustees Section 3.1 General 6 Section 3.2 Investments 6 Section 3.3 Legal Title 7 Section 3.4 Issuance and Repurchase of Shares 7 Section 3.5 Borrow Money or Utilize Leverage 7 Section 3.6 Delegation; Committees 7 Section 3.7 Collection and Payment 8 Section 3.8 Expenses 8 Section 3.9 By-Laws 8 Section 3.10 Miscellaneous Powers 8 Section 3.11 Further Powers 8 ARTICLE IV Advisory, Management and Distribution Arrangements Section 4.1 Advisory and Management Arrangements 9 Section 4.2 Distribution Arrangements 9 Section 4.3 Parties to Contract 9 ARTICLE V

  • Powers and Duties of the Property Trustee (a) The legal title to the Debentures shall be owned by and held of record in the name of the Property Trustee for the benefit of the Trust and the Holders of the Securities. The right, title and interest of the Property Trustee to the Debentures shall vest automatically in each Person who may hereafter be appointed as Property Trustee in accordance with Section 6.6. Such vesting and cessation of title shall be effective whether or not conveyancing documents with regard to the Debentures have been executed and delivered.

  • AUTHORITY AND DUTIES OF THE OWNER TRUSTEE ACTION BY CERTIFICATEHOLDERS

  • POWERS AND DUTIES OF DIRECTORS 88. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

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