Common use of Acceptance of Appointment; Standard of Performance Clause in Contracts

Acceptance of Appointment; Standard of Performance. The Asset Manager accepts the appointment as a discretionary asset manager and agrees to use its best professional judgment to make timely investment decisions for the Fund with respect to the investments of the Portfolio Account in accordance with the provisions of this Agreement.

Appears in 4 contracts

Sources: Asset Manager’s Agreement (Advance Capital I Inc), Asset Manager’s Agreement (Advance Capital I Inc), Asset Manager's Agreement (Advance Capital I Inc)