Common use of Managed Property Clause in Contracts

Managed Property. The Owner establishes this Investment Management Agreement (the “Agreement”) by transferring to the Foundation the property described on the attached Inventory of Property. The Owner may transfer to this account additional property acceptable to the Foundation. The property held from time to time in this account (the “Managed Property”) shall be administered as provided in this Agreement.

Managed Property. The Owner establishes this Investment Management Agreement (the “Agreement”) by transferring to the Foundation the property described on the attached Inventory of Property. The Owner may transfer to this account additional property acceptable to the Foundation. The property held from time to time in this account (the “Managed Property”) shall be administered as provided in this Agreement.