Trustee Review Clause Samples
The Trustee Review clause establishes the right or obligation for a trustee to periodically examine and assess the administration and performance of a trust. In practice, this may involve the trustee reviewing financial statements, investment decisions, and compliance with the terms of the trust, either on their own initiative or at the request of beneficiaries or a court. The core function of this clause is to ensure transparency and accountability in the management of trust assets, helping to protect the interests of beneficiaries and prevent mismanagement or breaches of fiduciary duty.
Trustee Review. Any disputes that arise under this Policy that are not resolved by the Committee shall be referred to the President of the University, who shall recommend final action to the Trustees. The decision of the Trustees shall be final with respect to all disputes.
Trustee Review. (a) The Trustees shall have until the Acceptance Date (the “Diligence Period”) to conduct a reasonable investigation of the Settlement and its terms. The Trustees may request documents or other information from JPMorgan to conduct such diligence, may retain experts to assist them, and may conduct such other due diligence as they deem necessary to inform themselves concerning the Settlement. JPMorgan agrees to use reasonable best efforts to provide promptly to the Trustees documents reasonably requested by the Trustees and necessary for the Trustees’ due diligence, and the Trustees agree to confer in good faith with JPMorgan regarding the scope of any request for information. Copies of all such documents shall also be made available to counsel for the Institutional Investors to assist them in responding to any Trustee inquiries regarding the documents or the Settlement through the Acceptance Date.
(b) JPMorgan represents to the Accepting Trustees that it did not have, as of the date it was provided, and as of the Acceptance Date does not have, actual knowledge that any factual information provided to the Trustees in connection with the Trustees’ review and evaluation of the Settlement Agreement, was materially false or intentionally inaccurate at the time the information was provided (unless subsequently corrected before the Acceptance Date).
Trustee Review. The Trustees shall have until the Acceptance Date to conduct an investigation of the Settlement Agreement and its terms. The Trustees may conduct such diligence, may solicit input from Investors, and may retain experts to assist them as they deem necessary to inform themselves concerning the Settlement Agreement.
Trustee Review. The Retirement Corporation will report periodically to the Trustees on performance of the Fund against benchmarks and on manager results and will evaluate for the Trustees the overall performance of the Fund and its objectives. The Trustees will consider such reports and other relevant factors in appraising the investment objectives and performance of the Fund. VIP FUND LEVEL INVESTMENT GUIDELINES
A. SYNTHETIC GICs Synthetic investment contracts will be formed through the use of selected fixed income subadvisers and wrappers.
Trustee Review. The Trustees shall have until the Acceptance Date (the “Diligence Period”) to conduct a reasonable investigation of the Settlement and its terms. The Trustees may request documents or other information from JPMorgan to conduct such diligence, may retain experts to assist them, and may conduct such other due diligence as they deem necessary to inform themselves concerning the Settlement. JPMorgan agrees to use reasonable best efforts to provide promptly to the Trustees documents reasonably requested by the Trustees and necessary for the Trustees’ due diligence, and the Trustees agree to confer in good faith with JPMorgan regarding the scope of any request for information. Copies of all such documents shall also be made available to counsel for the Institutional Investors to assist them in responding to any Trustee inquiries regarding the documents or the Settlement through the Acceptance Date.
Trustee Review. Any disputes that arise under this policy shall be referred to the Director of the Medical Center, who, after consultation with the President of Boston University and the President of University Hospital, shall recommend final action to the Trustee Council of the Medical Center whose decision shall be final.
Trustee Review. The Trustees shall have until the Acceptance Date (the “Diligence Period”) to conduct a reasonable investigation of the Settlement and its terms. The Trustees may request documents or other information from Citigroup to conduct such diligence, may retain experts to assist them, and may conduct such other due diligence as they deem necessary to inform themselves concerning the Settlement. Citigroup agrees to use reasonable best efforts to provide promptly to the Trustees documents reasonably requested by the Trustees and necessary for the Trustees’ due diligence, and the Trustees agree to confer in good faith with Citigroup regarding the scope of any request for information. Copies of all such documents shall also be made available to counsel for the Institutional Investors to assist them in responding to any Trustee inquiries regarding the documents or the Settlement through the Acceptance Date.