Fiduciary Standards. Each fiduciary shall:
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, Employer and Custodian, as applicable, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the Employer, provided that:
Fiduciary Standards. The Trustee shall invest and reinvest income in the same Fund in accordance with the investment objectives established by the Employer, provided that:
Fiduciary Standards. 43 15.3 Company is ERISA Plan Administrator ........................ 43 15.4
Fiduciary Standards. Subject to paragraphs 13.6 and 13.8 hereof, the Trustee, if discretionary, shall invest and reinvest principal and income of the Trust in accordance with the funding policy and investment objectives established by the Employer, provided that:
Fiduciary Standards. The Trustee shall invest and reinvest principal and income in the same Fund in accordance with the investment objectives established by the Employer, provided that:
Fiduciary Standards. The rights and obligations of the Blackstone Partners and the NBCU Parties to each other and to each of the Subject Partnerships under this Agreement and under each of the Subject Partnership Agreements shall be governed by the fiduciary standards generally applicable to and between the Partners in each of the Subject Partnerships.
Fiduciary Standards. The Trustees shall discharge their duties and administer the Trust Fund assets solely in the interest of the participating employees and their beneficiaries and for the exclusive purpose of (a) providing benefits to participating employees and their beneficiaries and (b) defraying reasonable expenses of benefit plan administration. In carrying out the duties, the Trustees shall act with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims.
Fiduciary Standards. The Trustees (and any person or entity to which the Trustees shall delegate any duties) including the Investment Manager shall discharge their duties under this Trust Agreement solely in the interest of the Participants and Beneficiaries of the Program and in accordance with governing State and federal law and the terms of the Program and this Trust Agreement. Such duties shall be discharged for the exclusive purpose of providing VLOSAP Benefits to the Participants and Beneficiaries and paying expenses of the Program. In addition, the Trustees shall discharge their duties in accordance with the fiduciary standards established by Sections 21-201 through 21-210 of the State Personnel and Pensions Article of the Maryland Annotated Code, or successor provisions.
Fiduciary Standards. In exercising investment, custodial, or depository powers or duties, the Board of Trustees, its Investment Committee and staff shall be subject to the prudent investor (expert) standard as it applies to similarly situated individuals managing endowments of similar size and complexity. For all other decisions and actions the prudent person standard shall apply. In accordance with AS 37.10.071 all actions taken by a fiduciary of the Fund with regard to the Fund shall be taken in the sole financial best interest of the Fund and the fiduciaries shall treat beneficiaries with impartiality.
