Other Duties of the Manager Sample Clauses

Other Duties of the Manager. The Manager shall, at its own expense, provide and supervise the activities of all executive, administrative and clerical personnel as shall be required to provide effective administration for the Fund, including the compilation and maintenance of such records with respect to its operations as may reasonably be required; the preparation and filing of such reports with respect thereto as shall be required by the Commission, and the laws of any state, territory or possession of the United States or any foreign country; composition of periodic reports with respect to its operations for the shareholders of the Fund; composition of proxy materials for meetings of the Fund's shareholders; and the composition of such registration statements as may be required by federal securities laws and the laws of any state, territory or possession of the United States or any foreign country for continuous public sale of shares of the Fund. The Manager shall, at its own cost and expense, provide such officers for the Fund as the Fund's Board may request and shall also provide the Fund's Trustees, at their request, with adequate office space, and normal office equipment and secretarial assistance as may be necessary for them to perform their functions as such, and the Manager shall, at its own cost and expense, calculate the daily net asset value of the Fund's shares and maintain the Fund's general accounting books and records. The cost and expenses of the Manager set forth in this paragraph 3 do not include the transfer agent and other costs and expenses set forth in paragraph 4 following.
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Other Duties of the Manager. The Manager shall, at its own expense, provide and supervise the activities of all administrative and clerical personnel and shall be required to provide ef- fective corporate administration for the Fund, including (1) coordination of the functions of accountants, counsel and other parties performing services for the Fund, (2) the preparation and filing of such reports related to the Fund or to any Portfolio as shall be required by federal securities laws and various state "blue sky" laws, (3) composition of periodic reports with re- spect to its operations for shareholders of the Fund and (4) composition of proxy materials for meetings of the Fund's shareholders. 4.
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Other Duties of the Manager. (a) The Manager shall segregate and hold all funds collected and received by the REIT Entities under and pursuant to this Agreement separate and apart from any of its own funds and general assets and shall establish and maintain one or more accounts, in the form of time deposit or demand accounts, titled "Delphi Corporation in trust for Delphi Properties, Inc." or "Delphi Corporation in trust for Delphi Holdings, LLC", as applicable (the "REIT Entities' Accounts"). Each REIT Entities' Account shall be established with a depository institution acceptable to the REIT. All funds deposited in the REIT Entities' Accounts shall at times be fully insured to the full extent permitted under applicable law. Funds deposited in the REIT Entities' Accounts may be drawn on by the Manager in accordance with this Section 3. The Manager shall deposit in the REIT Entities' Accounts within one Business Day (as such term is defined in Section 4 hereof) of receipt, and retain therein, all collections received by the REIT Entities under and pursuant to this Agreement as well as any and all other amounts received by the REIT Entities whatsoever. Any interest paid on funds deposited in the REIT Entities' Accounts by the depository institutions in which the REIT Entities' Accounts are established shall accrue to the benefit of the REIT Entities.
Sample 1
Other Duties of the Manager. (a) In addition to the duties set forth in Section 1, Manager shall (i) collect funds and pay funds under the Master Agreement, (ii) enter into contracts for the REIT, (iii) procure insurance policies for the REIT, (iv) fulfill reasonable reporting requirements provided by the REIT, (v) maintain adequate offices and staff to fulfill its obligations under this Agreement, (vi) retain accountants, legal counsel or other professionals and consultants and rely on their professional advice and work product, (vii) establish and maintain bank accounts for the REIT, and (viii) maintain appropriate books of account and records relating to services performed hereunder, which books of account and records shall be accessible for inspection by the REIT at any time during normal business hours.
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Other Duties of the Manager. (a) On or before January 31 of each year commencing January 31, 1997, the Manager shall advise the Trustee, in writing, as to all reports and returns (including the dates for filing or distributing such returns or reports) which, until the following January 31, then applicable provisions of the Code, Treasury regulations thereunder or state or local law require to be prepared, filed or distributed with respect to the Trust Estate as a REMIC, or with respect to the Bonds or the Certificates. If, after any such written advice to the Trustee, there is a change in applicable law deleting or adding a report or return, or changing the date for filing or distribution thereof, the Manager shall so notify the Trustee in writing.
Sample 1
Other Duties of the Manager. (a) The Manager shall, promptly after all the events described in Section 1.1(ac) hereof have occurred, deliver to the Perlxxxxxx Xxxup Representative a Notice stating that all such events have occurred. If the Conversion Date occurs in or after the first calendar year after the grand opening of the Mall, such Notice shall also set forth (i) a preliminary calculation of NOI as of the Conversion Date and (ii) a preliminary calculation of the Purchase Price for the Interests of the members of the Perlxxxxxx Xxxup which may be purchased upon an exercise of the Put Option pursuant to Section 15.1. If the Conversion Date occurs in the calendar year of the grand opening of the Mall, within 10 days after the delivery to the Perlxxxxxx Xxxup Representative of the Statement of Expenses, the Manager shall deliver to the Perlxxxxxx Xxxup Representative a Notice (the "Put Option Notice") setting forth (i) a preliminary calculation of NOI as of the last day of the calendar year of the grand opening of the Mall and (ii) a preliminary calculation of the Purchase Price for the Interests of the members of the Perlxxxxxx Xxxup which may be purchased upon an exercise of the Put Option pursuant to Section 15.1.
Sample 1
Other Duties of the Manager 
Sample 1
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Related to Other Duties of the Manager

  • Duties of the Manager (a) The Manager shall, subject to the direction and control of the Trust’s Board of Trustees (i) (except to the extent an investment subadviser (each, a “Subadviser”), as defined below, has been retained in respect of some or all of the assets of the Fund) furnish continuously an investment program for the Fund and make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities; and (ii) provide reports on the foregoing to the Board of Trustees at each Board meeting.

  • Duties of the Master Servicer The Certificateholders, by their purchase and acceptance of the Certificates, appoint Aurora Loan Services Inc., as Master Servicer. For and on behalf of the Depositor, the Trustee and the Certificateholders, the Master Servicer shall master service the Mortgage Loans in accordance with the provisions of this Agreement and the provisions of the applicable Servicing Agreement.

  • Activities of the Manager The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and Section 10(a) of the 1940 Act, it is understood that trustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as directors, officers, agents or stockholders; that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as trustees, officers, agents, shareholders or otherwise; that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, By-Laws and the 1940 Act.

  • Appointment and Duties of the Manager (a) The Company hereby appoints the Manager to manage the assets of the Company subject to the further terms and conditions set forth in this Agreement and the Manager hereby agrees to use its commercially reasonable efforts to perform each of the duties set forth herein. The appointment of the Manager shall be exclusive to the Manager except to the extent that the Manager otherwise agrees, in its sole and absolute discretion, and except to the extent that the Manager elects, pursuant to the terms of this Agreement, to cause the duties of the Manager hereunder to be provided by third parties.

  • Duties of the Adviser The Adviser shall continue to have responsibility for all services to be provided to the Fund pursuant to the Advisory Agreement and shall oversee and review the Subadviser’s performance of its duties under this Agreement. Nothing contained in this Agreement shall obligate the Adviser to provide any funding or other support for the purpose of directly or indirectly promoting investments in the Fund.

  • Duties of Manager The Manager, at its own expense, shall furnish the following services and facilities to the Trust:

  • DUTIES OF THE ADVISOR The Advisor will use its reasonable best efforts to present to the Company and the Operating Partnership potential investment opportunities and to provide a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. In performance of this undertaking, subject to the supervision of the Board and consistent with the provisions of the Articles of Incorporation, By-laws and the Operating Partnership Agreement, the Advisor, directly or indirectly, will:

  • Duties of the Trust The Trust shall provide the Manager with the following information about the Fund:

  • Duties of the Trustee The Trustee, before the occurrence of an Event of Default and after the curing of all Events of Default that may have occurred, shall undertake to perform such duties and only such duties as are specifically set forth in this Agreement. In case an Event of Default has occurred and remains uncured, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person's own affairs. The Trustee, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to the Trustee that are specifically required to be furnished pursuant to any provision of this Agreement shall examine them to determine whether they are in the form required by this Agreement. The Trustee shall not be responsible for the accuracy or content of any such resolution, certificate, statement, opinion, report, document, order, or other instrument. No provision of this Agreement shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own willful misconduct; provided, however, that, unless an Event of Default known to the Trustee has occurred and is continuing,

  • Liabilities of the Manager A. In the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of obligations or duties hereunder on the part of the Manager, the Manager shall not be subject to liability to the Trust or the Fund or to any shareholder of the Fund for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security by the Fund.

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