Babson definition
Examples of Babson in a sentence
Throughout the term of this Sub-Advisory Agreement, Babson Capital shall continue to provide such information and documents to the Sub-Adviser, including any amendments, updates or supplements to such information or documents before or at the time the amendments, updates or supplements become effective.
The Sub-Adviser, upon reasonable request and receipt of adequate assurances of confidentiality, shall provide Babson Capital with an explanation of the differences, if any, in performance between the Fund and any other account with investment objectives and policies similar to the Fund for which the Sub-Adviser, or any one of its principals or affiliates, acts as investment adviser.
The Sub-Adviser shall be afforded a reasonable amount of time to implement any such instructions (for example, if instructed not to trade on behalf of securities of certain specified MassMutual, Babson Capital or Fund affiliates, the Sub-Adviser shall be afforded five business days after receipt of such instruction to implement this trading restriction).
Upon termination of this Sub-Advisory Agreement, the Sub-Adviser, Babson Capital and the Fund shall forthwith cease to use such name(s), derivatives, logos, trademarks or service marks or trade names.
Babson Capital and the Sub-Adviser represent that each has notice of the provisions of the Trust Documents disclaiming shareholder and Trustee liability for acts or obligations of the Trust.
The parties agree that the names of both the Sub-Adviser and Babson Capital, the names of any affiliates of the Sub-Adviser or Babson Capital and any derivative or logo or trademark or service ▇▇▇▇ or trade name are the valuable property of the Sub-Adviser, Babson Capital and each company’s affiliates.
Babson Capital, the Trust and the Fund shall assume and pay their respective organizational, operational and business expenses not specifically assumed or agreed to be paid by the Sub-Adviser pursuant to this Sub-Advisory Agreement.
The Sub-Adviser shall pay its own organizational, operational and business expenses but shall not be obligated to pay any expenses of Babson Capital, the Trust or the Fund, including, without limitation: (a) interest and taxes; (b) brokerage commissions and other costs in connection with the purchase or sale of securities or other investment instruments of the Fund; and (c) custodian fees and expenses.
Notwithstanding the foregoing, Babson Capital agrees that the Sub-Adviser may identify it or the Fund as a client in promotional materials.
Babson Capital shall timely furnish the Sub-Adviser with such additional information as may be reasonably necessary for or requested by the Sub-Adviser to perform its responsibilities pursuant to this Sub-Advisory Agreement.