Common use of Administrative Functions Clause in Contracts

Administrative Functions. The Adviser will administer the Fund's corporate affairs, subject to the overall supervision of the Board of Directors of the Fund and, in connection therewith, shall furnish the Fund with office space and all necessary office facilities, equipment and personnel, and shall provide all necessary executive and other personnel (including certain of its officers and employees) for managing the investments and affairs of the Fund. The Fund delegates to the Adviser the authority to vote proxies of the companies whose securities are held in the Fund's portfolio. In connection with its administration of the affairs of the Fund, the Adviser will bear all of the following expenses:

Appears in 3 contracts

Samples: Lincoln National Agressive (Lincoln National Aggressive Growth Fund Inc), Lincoln National (Lincoln National Capital Appreciation Fund Inc), Lincoln National (Lincoln National Equity Income Fund Inc)

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Administrative Functions. The Adviser will administer the Fund's corporate affairs, subject to the overall supervision of the Board of Directors of the Fund and, in connection therewith, shall furnish the Fund with office space and all necessary office facilities, equipment and personnel, and shall provide all necessary executive and other personnel (including certain of its officers and employees) for managing the investments and affairs of the Fund. The Fund delegates to the Adviser the authority to vote proxies of the companies whose securities are held in the Fund's portfolio. In connection with its administration of the affairs of the Fund, the Adviser will bear all of the following expenses:

Appears in 3 contracts

Samples: Advisory Agreenent (Lincoln National Social Awareness Fund Inc), Advisory Agreement (Lincoln National Special Opportunities Fund Inc), Advisory Agreement (Lincoln National International Fund Inc)

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