FGR definition
Examples of FGR in a sentence
Flue gas recirculation (FGR) controls NOx by recycling a portion of the flue gas back into the primary combustion zone.
It is understood that a Common Contractual Fund (CCF) established in Ireland and a closed fund for mutual account ‘besloten fonds voor gemene rekening’ (closed FGR) established in the Netherlands shall respectively be regarded neither as a resident of Ireland nor of the Netherlands and shall be treated as fiscally transparent for the purposes of granting tax treaty benefits.
Perception shall have received an executed copy of a support agreement substantially in form attached as Exhibit B duly executed by BGHL and FGR (the “FGR Support Agreement”).
The Adviser will also provide FGR with a list, to the best of the Adviser's knowledge, of all affiliated persons of Adviser (and any affiliated person of such an affiliated person) and will promptly update the list whenever the Adviser becomes aware of any additional affiliated persons.
All such records pertaining to the Funds shall be the property of the Companies and FGR will permit the Adviser, the Companies and the SEC to inspect such books and records at all reasonable times during normal business hours, upon reasonable notice.
Subject to the supervision of the Adviser and the Board, FGR will manage the investment operations of the Funds and the composition of the Funds' respective portfolios, including the purchase, retention and disposition of, and exercise of all rights pertaining to, the Securities comprising the Funds.
If the matter cannot be resolved through the FGR, it may be brought to the attention of the Vice-▇▇▇▇▇▇▇ (Research) for resolution.
Subject to any other written instructions of the Adviser or the Companies, FGR is hereby appointed the Companies' agent and attorney-in-fact for the limited purposes of executing account documentation, agreements, contracts and other documents as FGR shall be requested by brokers, dealers, counter parties and other persons in connection with its management of the Funds' assets.
However, nothing herein shall be construed as imposing a duty on FGR to act or assume responsibility for any matters in its capacity as attorney-in-fact for the Companies.
In the absence of willful misfeasance, bad faith or gross negligence on the part of FGR, or of reckless disregard by FGR of its obligations and duties hereunder, FGR, shall not be subject to any liability to the Adviser, the Funds, the Companies, any shareholder of the Funds, or to any person, firm or organization.