Section 13 Reporting Sample Clauses
Section 13 Reporting is a clause that establishes the requirements for providing regular or specific reports between parties under an agreement. Typically, it outlines what information must be included in the reports, the frequency or timing of submissions, and the format or method of delivery. This clause ensures that all parties remain informed about relevant developments, progress, or compliance matters, thereby promoting transparency and accountability throughout the contractual relationship.
Section 13 Reporting. Betterment and Advisor agree that only Betterment will exercise “investment discretion” with respect to Accounts within the meaning of Section 13(f) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and that Betterment shall be responsible for filing any required reports pursuant to Section 13(f) and the rules thereunder. BETTERMENT LLC MTG LLC d/b/a Betterment Securities Advisor
1. Advisor agrees that it will not reproduce, transmit, sell, distribute, enable the distribution of, publish, broadcast, circulate, modify, disseminate or commercially exploit any Model Portfolio or derivative thereof, without the prior written consent of the applicable Model Portfolio Provider, and that the applicable Model Portfolio Provider shall have the right to enforce such restrictions.
2. Advisor acknowledges and understands that (i) investments made pursuant to Model Portfolio allocations may involve substantial risks and conflicts of interests and could result in the loss of all or a substantial portion of the assets invested pursuant to a Model Portfolio allocation, and (ii) the risks and conflicts associated with respect to each Model Portfolio are set forth in the offering documents in respect of the Products comprising the Model Portfolio and the Form ADV of the applicable Model Portfolio Provider.
3. Advisor acknowledges and agrees that (i) it, and not the Model Portfolio Provider, has responsibility for providing individualized investment advice and portfolio management services to its Clients and for implementing its discretion in respect of the Model Portfolios, (ii) it, and not the Model Portfolio Provider, is acting as adviser and fiduciary to each Client and (iii) it is not acting as an agent of the Model Portfolio Provider.
4. Advisor acknowledges and agrees that (i) it will not use the trademark of any Model Portfolio Provider in any manner unless expressly authorized to do so, including on any materials it makes available to Clients, (ii) it will not distribute unauthorized advertisements or materials describing any Model Portfolio Provider or its Model Portfolios and (iii) the applicable Model Portfolio Provider shall have the right to enforce such restrictions.
5. Advisor acknowledges that if Advisor selects a Model Portfolio for a Client, Advisor shall have limited or no ability to replace, remove, or alter the underlying Products which make up such Model Portfolio.
6. Advisor acknowledges that (i) the Model Portfolios will not be ...
Section 13 Reporting. The Adviser will be responsible for the preparation and filing of reports on Schedules 13D or 13G, if applicable, and Form 13F on behalf of the Fund with respect to the portfolio holdings held or previously held in the Subadviser Assets. The Subadviser acknowledges and agrees that the Adviser will not be responsible for the preparation and filing of reports on Schedule 13D or 13G, if applicable, and Form 13F required to be made by the Subadviser in its own name.