Administrative Manager definition
Examples of Administrative Manager in a sentence
The Fund, the Manager, the Administrative Manager, and their designees covenant they will keep and maintain Partner’s information in strict confidence, using such degree of care as is appropriate to avoid unauthorized access, use or disclosure, and will not use such information in violation of law.
The Manager in its sole discretion may at any time terminate or remove one or all Special Administrators or appoint a new Special Administrative Manager.
The Manager, the Administrative Manager, the Investment Adviser, their Affiliates and the employees, officers, directors and other agents of the foregoing may consult with legal counsel and accountants in respect of Fund affairs and shall not be liable for any action or inaction which is taken or omitted in good faith in reliance upon and in accordance with the opinion or advice of such counsel or accountants.
In executing this Agreement, Partner authorizes the Fund, the Manager, the Administrative Manager to disclose tax return information to certain entities, their respective successors, affiliates and, or such other third-party service providers as Partner may request or as may be required by the Fund or the Manager for purposes of completing tax return preparation and K-1 delivery pursuant to this agreement.
The Partner acknowledges and agrees that the Manager, the Administrative Manager, and their affiliates will be subject to various conflicts of interest in carrying out the Manager’s responsibilities to the Fund.