DFAA definition
Examples of DFAA in a sentence
DFAA shall perform its obligations and discharge its duties hereunder, and under any or all other agreements that DFAA may enter into with DFA from time to time, (i) solely in the best interests of DFA and the clients of DFA with respect to or in connection with which DFAA may from time to time provide investment or other services, and (ii) with the care, skill, prudence and diligence that a prudent man experienced in such matters would use in providing similar services in like circumstances.
These duties and responsibilities of DFAA, taken individually or collectively, shall not constitute, or be construed as constituting, investment advice.
In connection with any services to be provided hereunder to be rendered by DFAA from time to time, DFAA shall at all times act in accordance with the instructions of DFA as communicated from time to time and shall prepare and provide all information and reports reasonably requested by DFA.
In addition, DFAA shall provide DFA as promptly as practicable a copy of any and all amendments filed with the SEC at the same time any such amendments are filed.
DFAA shall review and coordinate its agency trading and execution strategies, practices and results with DFA as frequently as reasonably necessary.
DFAA shall at all times conduct its business in compliance with any and all applicable laws, rules and regulations including, without limitation, the applicable laws, rules and regulations of the United States and Australia and any governmental agency, regulatory authority or governing body thereof.
DFAA may execute orders from DFA for fewer or more shares than set forth in the buy or sell programs initiated by DFA, based on market conditions and other factors, provided that such variances from the execution lists are within parameters established by DFA from time to time or in specific cases.
DFAA may, with the written consent of DFA which shall not be unreasonably withheld, substitute other computer programs to perform the activities covered by this Agreement, provided such programs produce information and reports comparable to those produced by the DFA Software in a magnetic machine-readable form which is compatible with the DFA Software.
DFAA hereby covenants to maintain in good standing all licenses and registrations required for the conduct of its business and performance of its duties and obligations hereunder and under any and all agreements entered into with DFA from time to time.
DFA hereby appoints DFAA, and DFAA hereby accepts such appointment, to act on behalf of DFA with respect to such matters and to provide such services with respect to the Investment Products as may from time to time be agreed between the parties.