Appointment of Sub Sample Clauses
The 'Appointment of Sub' clause defines the conditions under which a party may engage subcontractors to perform part of their contractual obligations. Typically, this clause outlines any required approvals, qualifications, or notifications that must be met before a subcontractor can be appointed, and may specify the scope of work that can be subcontracted. Its core function is to ensure that the primary party remains responsible for the overall performance of the contract while allowing flexibility in how the work is completed, thereby managing risk and maintaining quality control.
Appointment of Sub administrator/accounting Agent Each Administrator hereby appoints the Sub-Administrator/Accounting Agent to act as the sub-administrator and sub-accounting agent with respect to each of its Funds for purposes of providing certain sub-administrative, sub-accounting and recordkeeping services for the period and upon the terms set forth in this Agreement. The Sub-Administrator/Accounting Agent accepts such appointment and agrees to render the services stated herein. In the event that the Administrators wish to retain the Sub-Administrator/Accounting Agent to act as the sub-administrator and sub-accounting agent hereunder with respect to additional portfolios or funds (“Additional Funds”) hereinafter established or sponsored by any Administrator or by other management investment companies that have retained any Administrator, the Administrators shall notify the Sub-Administrator/Accounting Agent in writing. Upon written acceptance by the Sub-Administrator/Accounting Agent, such Additional Funds shall be listed on an amended Schedule A and the provisions of this Agreement (including those relating to the compensation and expenses payable by the Administrators) shall apply with respect to each such Additional Fund.
Appointment of Sub. Adviser -------------------------- In accordance with and subject to the investment advisory agreement (the "Investment Advisory Agreement") between the Company and the Adviser, the Adviser hereby appoints the Sub-Adviser to perform portfolio selection and related research and statistical services described herein for investment and reinvestment of the Fund's investment assets, subject to the control and direction of the Company's Board of Directors, for the period and on the terms hereinafter set forth. The Sub-Adviser accepts such appointment and agrees to furnish the services hereinafter set forth for the compensation herein provided. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized. have no authority to act for or represent the Company or the Adviser in any way or otherwise be deemed an agent of the Company or the Adviser.
Appointment of Sub. AGENTS; ENDORSEMENTS, ETC...............................12 5. VOTING, ETC., WHILE NO EVENT OF DEFAULT OR SPECIFIED DEFAULT...............12
Appointment of Sub custodians. ▇▇ ▇▇▇▇▇▇ may appoint sub-custodians, including its own Affiliates, of assets held by or through ▇▇ ▇▇▇▇▇▇ in your accounts. ▇▇ ▇▇▇▇▇▇ will exercise reasonable skill, care and diligence in the selection of any such sub-custodian and will be responsible to you for satisfying itself as to the ongoing suitability of such sub-custodian to provide custodial services, will maintain an appropriate level of supervision over such sub-custodian and will make appropriate inquiries periodically to confirm that the obligations of such sub-custodian continue to be competently discharged. Anything herein to the contrary notwithstanding, ▇▇ ▇▇▇▇▇▇ will be liable only for loss or damage (subject to the limitations in Section 14 above) arising out of the insolvency, acts or omissions of any sub-custodian appointed by it that is an Affiliate, but shall not be liable for any such loss or damage arising out of the insolvency, acts or omissions of any sub-custodian appointed by it that is not an Affiliate, provided that ▇▇ ▇▇▇▇▇▇ has complied with its undertakings in the preceding sentence.
Appointment of Sub. Adviser The Adviser hereby appoints the Sub-Adviser to act as an investment sub-adviser to the Fund, subject to the supervision and oversight of the Adviser and the Board of Trustees (the "Board") of the Company for the period and on the terms set forth in this Agreement. The Sub-Adviser accepts such appointment and agrees to render the services herein set forth, for the compensation herein specified in Schedule A.
(a) Subject to the direction, supervision and control of the Adviser and the Board and consistent with its fiduciary duties to each Fund, the Sub-Adviser will manage the investment operations and determine the composition of the portfolio of each Fund, including the purchase, retention and disposition of the securities and other instruments held by the Fund, in accordance with the terms of this Agreement, the Fund's investment objective and policies, the Fund's then-current Prospectus and Statement of Additional Information contained in the Company's Registration Statement on Form N-1A (the "Prospectus and SAI"), as they may be amended or supplemented from time to time. As part of the services it will provide hereunder, the Sub-Adviser will: (i) designate the identity and weighting of the securities (and amount of cash, if any) to be accepted in exchange for creation units of a Fund or that will be applicable that day to redemption requests received by a Fund; (ii) provide supervision of each Fund's investments and determine from time to time what investments or securities will be purchased, retained or sold by the Funds and what portion, if any, of the assets of each Fund will be held uninvested; (iii) maintain books and records with respect to the each Fund's securities transactions and keep the Board and the Adviser fully informed in writing on an ongoing basis as agreed by the Adviser and the Sub- Adviser of all material facts concerning the investment and reinvestment of the assets in the Funds, the Sub-Adviser and its key investment personnel and operations providing services with respect to the Fund; make regular and periodic special written reports of such additional information concerning the same as may reasonably be requested from time to time by the Adviser or the Board, and the Sub-Adviser will attend meetings with the Adviser and/or the Board, as reasonably requested, to discuss the foregoing; (iv) in accordance with procedures and methods established by the Board, which may be amended from time to time (the "Valuation Procedures")...
Appointment of Sub. Custodian ----------------------------
1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities of Trust may be held in Custodian's own custody or one or more other banks or trust companies acting as sub- custodians as may be selected by Custodian. For clarification, references herein to a "sub-custodian" include a foreign sub- custodian. Any such sub-custodian must have the qualifications required for custodian under the 1940 Act. The sub-custodian may participate directly or indirectly in the Depository Trust Company, any other depository, or the Treasury/Federal Reserve Book Entry System (as such entity is defined at 17 CFR Sec. 270.17f-4(b)). The sub-custodian may also participate directly or indirectly in any foreign securities depository or clearing or settlement system. Use of any depository, clearing or settlement system or book-entry system will subject Trust to the rules, regulations and practices applicable to that depository, clearing or settlement system or book-entry system.
Appointment of Sub. Custodian ---------------------------- Notwithstanding any other provisions of this Agreement, all or any of the monies or securities of Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies acting as sub-custodians as may be approved by resolutions of Fund's Board of Directors, evidenced by a copy thereof certified by the Secretary or Assistant Secretary of Fund. Any such sub-custodian must have the qualifications required for custodians under the 1940 Act unless exempted therefrom. The sub-custodian may participate directly or indirectly in the Depository Trust Company or the Treasury/ Reserve Book Entry System, the Participants Trust Company and any other securities depository approved by the Board of Directors of the Fund, to the same extent and subject to the same conditions as Custodian hereunder. Neither Custodian nor sub-custodian shall be entitled to reimbursement by Fund for any fees or expenses of any sub-custodian. The appointment of a sub-custodian shall not relieve Custodian of any of its obligations hereunder.
Appointment of Sub. AGENTS; ENDORSEMENTS, ETC. The Pledgee shall have the right to appoint one or more sub-agents for the purpose of retaining physical possession of any Pledged Securities that are represented by certificates, which may be held (in the discretion of the Pledgee) in the name of such Pledgor, endorsed or assigned in blank or in favor of the Pledgee or any nominee or nominees of the Pledgee or a sub-agent appointed by the Pledgee. The Pledgee agrees to promptly notify the relevant Pledgor after the appointment of any sub-agent; provided, however, that the failure to give such notice shall not affect the validity of such appointment.
Appointment of Sub. AGENTS - TPA shall not be authorized to delegate any of its authority hereunder, but may, from time to time, with due care, appoint a sub-agent or sub-delegee third party claims administrator. In no event, and under no circumstance, shall this provision be construed to establish any relationship between Centre Re and any party so appointed by TPA. TPA represents and warrants that any party so appointed shall be lawfully licensed or authorized to transact the business for which he, she or it is appointed, and that during the tenure of said appointment, such authority shall be maintained continuously and in full force and effect, and shall promptly inform Centre Re in writing of any and all changes in any of such licenses or authorizations in all jurisdictions relating to the business conducted under this Agreement.
Appointment of Sub. Administrator TAM hereby appoints FTC as Sub-Administrator of the Funds on the terms and conditions set forth in this Agreement, and FTC hereby accepts such appointment and agrees to perform the services and duties set forth in this Agreement in consideration of the compensation provided for herein.