Common use of Prohibited Conduct Clause in Contracts

Prohibited Conduct. The Portfolio Manager may not consult with any other portfolio manager of the Trust concerning transactions in securities or other assets for any investment portfolio of the Trust, including the Series, except that such consultations are permitted between the current and successor portfolio managers of the Series in order to effect an orderly transition of portfolio management duties so long as such consultations are not concerning transactions prohibited by Section 17(a) of the 1940 Act.

Appears in 23 contracts

Sources: Portfolio Management Agreement (Voya INVESTORS TRUST), Portfolio Management Agreement (Voya INVESTORS TRUST), Portfolio Management Agreement (Voya INVESTORS TRUST)

Prohibited Conduct. The Portfolio Manager may not knowingly consult with any other portfolio manager of the Trust concerning transactions in securities or other assets for any investment portfolio of the Trust, including the Series, except that such consultations are permitted between the current and successor portfolio managers of the Series in order to effect an orderly transition of portfolio management duties so long as such consultations are not concerning transactions prohibited by Section 17(a) of the 1940 Act.

Appears in 4 contracts

Sources: Portfolio Management Agreement (Voya INVESTORS TRUST), Portfolio Management Agreement (Ing Investors Trust), Portfolio Management Agreement (Ing Investors Trust)