Scope of the Engagement. Bankmark's primary responsibility within the scope and term of the engagement is to provide project management, resource identification, and resource management in conjunction with the client and facilitate the capital acquisition phase of the project. Bankmark's role during the organizational phase usually is or can be: • Presentation with core group members of the opportunity to new perspective organizers/directors. It's Bankmark's success rate, performance, and clear understanding of the process that is articulated during these meeting. This establishes the credibility that most investors are seeking before they put any funds at risk. Bankmark provides a new group the ability to say, "We have with us as partners a firm that has been there and done that...and recently". • A diverse group of industry experts in all areas required to open a bank: corresponding bank relationships, project financing, equipment, technology, legal, accounting, operations, facilities that are capable of providing a turn key bank with custom features or select needs based on specific client request. It is important to realize that opening a bank is far more complex a process and requires a different skill set than managing a bank on a day-to-day basis that is already in operation. • Over the years and especially more recently, organizers, directors, and management continuously infer we "help them see around the corner". Meaning that at any point during the process, we are able to advise our clients as to what's ahead and the impact of options being considered or plans in the queue. The process allows clients to more thoroughly evaluate an element under consideration that may not produce the result desired by the bank's organizing group. If necessary, the group is encouraged to visit banks which have recently opened to better understand the impact and ramifications of their own decisions. • Bankmark provides project management and tools, which allow the group to interact with their area of expertise or assignment in the project management process. Our client bank PM programs are built in MS Project and use, as baseline data, our most recently completed projects' timeline information. This process assures all elements to opening in a timely manner and within budget. • The keystone to the Bankmark process is the capital acquisition programs built, supported, and implemented at each bank location by trained Bankmark staff. • Determination of charter and review of new filing procedur...
Scope of the Engagement. The Trust is seeking to equitize the cash balances of certain of its mutual fund portfolios (each, a “Fund”). ABA, as authorized by the Trust, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement. ABA hereby directs State Street to equitize ninety percent (90%) of the entire cash balance of each Fund in order to maintain exposure for each Fund’s liquid assets on a daily basis, and to purchase for each Fund, as needed, foreign exchange forwards contracts for the purpose of minimizing currency exposure, until otherwise directed in writing by ABA for each Fund. In determining the entire cash balance of a Fund, State Street is hereby instructed by ABA to exclude the dollar value of pending securities buys and include the dollar value of pending securities sells for such Fund. For the Funds to be equitized, the equitized amounts, the futures contracts used, the list of approved futures commission merchants, and the benchmark for the use of forwards for currency exposure are listed below. ABA may in its judgment direct State Street to implement the equitization using futures or forwards contracts other than those listed below by providing written instruction to State Street.
Scope of the Engagement. A. Depending upon Client’s needs, Advisor will provide Client with recommendations for the financial matters set forth below.
Scope of the Engagement. This Agreement will continue for a period of six months from its effective date unless extended or terminated early by mutual consent; except the Company acknowledges that the provisions of Sections B.2. through B.7. and Addendum A shall survive any termination of the Agreement. During the term hereof, MGCO will use its best efforts to provide the following services to the Company:
Scope of the Engagement. (a) The Fund shall promptly turn over to the Company or request that its previous accounting services agent turn over to the Company:
Scope of the Engagement. 2.1 The provisions of this Agreement apply in all cases in which the Processor is granted access to personal data within the scope of providing services under the Primary Agreement (hereinafter referred to as “data”) for which the Controller is responsible within the meaning of data protection laws and regulations. In such cases, the Processor is processing data on behalf of and according to the instruction of the Controller within the meaning of Art. 28 GDPR (contract data processing). Within this context, the Controller remains responsible for personal data pursuant to data protection laws and regulations. Accordingly, the Controller is responsible for compliance with all data protection laws and regulations, in particular those of the GDPR, as well as ensuring that the rights of data subjects in connection with personal data are complied with.
Scope of the Engagement. The Trust is seeking to equitize the cash balances of certain of its mutual fund series (each, a "Fund"). ABA, as authorized by the Trust, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement, as amended. State Street will not be responsible for providing reporting on any of the underlying funds. ABA hereby directs State Street to equitize a percentage of the cash balance of each Fund as specified in Section V. in order to maintain exposure for each Fund's liquid assets on a daily basis. With respect to the Grosvenor Fund, ABA hereby authorizes and instructs State Street to accept written direction from either ABA or Grosvenor Capital Management, L.P. (“GCM”), the fund’s lead subadviser, for any changes to the Grosvenor Fund equitization percentage or futures contracts used. Any changes to the Grosvenor Fund equitization percentage or futures contracts used must be communicated to State Street, using the letter template provided by State Street and attached hereto as Appendix I, at least two days prior to the intended effective date of those changes. Such changes shall become a material part of this Statement of Intent/Operating Procedure unless and until further modified in writing. For Funds other than the Grosvenor Fund, the cash balance shall be the total cash balance of the Fund at the composite fund level, which includes cash of the control account and each underlying subadvisor sleeve. For the Grosvenor Fund, the cash balance shall be only the cash balance of the control account. In determining the cash balance of a Fund other than the Grosvenor Fund, State Street is hereby instructed by ABA to exclude the dollar value of pending securities buys and include the dollar value of pending securities sells for such Fund. For the Funds to be equitized, the equitized percentages, the futures contracts used, and the list of approved futures commission merchants are listed in Sections V, VI, and VII.
Scope of the Engagement. The Trusts are seeking to equitize the cash balances of certain mutual fund portfolios (each, a “Fund”) of American Beacon Funds and American Beacon Master Trust (the “Trusts”). American Beacon Advisors, Inc. (“ABA”), as authorized by the Trusts, will manage the underlying cash balances and has directed State Street under the terms of the Agreement to purchase or sell futures or forwards contracts to maintain appropriate equity and currency exposure as directed by ABA under the Agreement. ABA hereby directs State Street to equitize the entire cash balance of each Fund in order to maintain exposure for each Fund’s liquid assets on a daily basis, and to purchase for each Fund, as needed, foreign exchange forwards contracts for the purpose of minimizing currency exposure, until otherwise directed in writing by ABA for each Fund. For the Funds to be equitized, the equitized amounts, the futures contracts used, the list of approved futures commission merchants, and the benchmark for the use of forwards for currency exposure are listed below. ABA may in its judgment direct State Street to implement the equitization using futures or forwards contracts other than those listed below by providing written instruction to State Street.
Scope of the Engagement. In connection with this engagement, the Agent's services will include, but not be limited to: assisting in due diligence; structuring the Financing(s); drafting the placement memorandum(a) (the "Memorandum(a)"); privately placing the Financing(s); negotiating the terms of the Financing(s); and closing the Transaction(s). All of the above are subject to the approval of SPACEHAB.
