FAMI definition
Examples of FAMI in a sentence
HOWEVER, AN ORDER SHALL ONLY BE FINALIZED AFTER AN ORDER CONFIRMATION HAS BEEN SENT BY FAMI FOR EACH INDIVIDUAL PROPOSAL.
The Securities shall be delivered to you on the Closing Date for the account of the Underwriter, with any transfer taxes payable in connection with the transfer of the Securities to the Underwriter duly paid, against payment of the Purchase Price therefor.
As used in this Article IV, FAMI shall include any affiliates of FAMI performing services for MLSIM contemplated hereby and directors, officers and employees of FAMI and such affiliates.
FAMI assumes and shall pay for maintaing the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense, provide the office space, equipment and facilities which it is obligated to provide under Article I hereof, and shall pay all compensation of officers of the Fund and all Trustees of the Fund who are affiliated persons of FAMI.
This Agreement may be terminated at any time, without the payment of any penalty, by MLSIM or by vote of a majority of the outstanding voting securities of the Fund, or by FAMI, on sixty days' written notice to the other party.
It is understood that Trustees, officers, employees and shareholders of the Fund are or may become interested in FAMI and its affiliates, as directors, officers, employees and shareholders of FAMI and its affiliates are or may become similarly interested in the Fund, and that FAMI and directors, officers employees, partners and shareholders of its affiliates may become interested in the Fund as shareholders or otherwise.
MLSIM hereby employs FAMI to act as sub-adviser to MLSIM and to furnish, or arrange for affiliates to furnish, certain investment advisory services with respect to the cash position of the Fund, as described below, subject to the supervision of MLSIM and the Trustees of the Fund, for the period and on the terms and conditions set forth in this Agreement.
Without limiting the foregoing, (a) FNYI shall not engage in any activity other than holding and collecting amounts due and payable under the Oneida Settlement Agreement and activities incidental thereto, and (b) FAMI shall not engage in any activity other than the management of the Clif▇ ▇▇▇▇▇▇ ▇▇▇ino pursuant to the FAMI Management Agreement and activities reasonably related thereto.
FAMI shall not be liable for any error of judgment or mistake of law or for any loss arising out of any investment or for any act of omission in the performance of sub-advisory services rendered with respect to the Fund, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder.
FAMI hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth for the compensation from MLSIM provided for herein.