Portfolio Manager Clause Samples
The Portfolio Manager clause designates the individual or entity responsible for overseeing and managing a collection of investments or assets on behalf of the client. In practice, this clause typically outlines the scope of the manager's authority, such as making investment decisions, executing trades, and reporting on portfolio performance. By clearly defining who holds these responsibilities, the clause ensures accountability and provides clarity regarding decision-making authority within the investment relationship.
POPULAR SAMPLE Copied 1 times
Portfolio Manager. (a) Subject to our agreement, you may appoint a Portfolio Manager to act on your behalf for the purpose of making asset switching decisions or Contribution redirection or otherwise for your Plan, on the express understanding that you bear full responsibility for the acts or omissions of your Portfolio Manager. Our agreement to your appointment of the Portfolio Manager does not constitute a recommendation nor any representation in respect of the Portfolio Manager. The Portfolio Manager is the agent of the Plan Owner not of Metis.
(b) For any appointment or termination of appointment of a Portfolio Manager, you must use our appropriate form and meet all specified requirements in effect at that time.
(c) We reserve the right to terminate an appointment or withhold consent to an appointment proposed by you at any time. Metis will not be liable for any loss sustained arising from the appointment of the Portfolio Manager nor from any request or instruction from the Portfolio Manager which is accepted or acted upon by the Metis. We will not be accountable for any actual or prospective loss incurred as a result of or in connection with the appointment of the Portfolio Manager whatsoever.
Portfolio Manager. 2.1. A Client shall be eligible to become a Portfolio Manager and use the Portfolio Management platform provided by the Company provided that he/she meets any applicable requirements required from time to time by the Company.
Portfolio Manager. (a) The Subservicer shall designate a portfolio manager and other appropriate personnel to receive documents and communications from KRECM and to provide assistance to KRECM consistent with KRECM’s supervisory authority over the Subservicer under this Agreement.
(b) KRECM shall designate a portfolio manager and other appropriate personnel to receive documents and communications from the Subservicer and to provide to the Subservicer information, materials and correspondence relating to the Mortgage Loans and the related Borrowers which may be necessary or appropriate to enable the Subservicer to perform its obligations under this Agreement.
Portfolio Manager. (a) The Subservicer shall designate a portfolio manager and other appropriate personnel to receive documents and communications from the Master Servicer and to provide assistance to the Master Servicer consistent with the Master Servicer’s supervisory authority over the Subservicer under this Agreement.
(b) The Master Servicer shall designate a portfolio manager and other appropriate personnel to receive documents and communications from the Subservicer and to provide to the Subservicer information, materials and correspondence relating to the Mortgage Loans and the related Mortgagors which may be necessary or appropriate to enable the Subservicer to perform its obligations under this Agreement.
Portfolio Manager. (a) The Primary Servicer shall designate a portfolio manager and other appropriate personnel to receive documents and communications from the Master Servicer and to provide assistance to the Master Servicer consistent with the Master Servicer's supervisory authority over the Primary Servicer hereunder.
(b) The Master Servicer shall designate a portfolio manager and other appropriate personnel to receive documents and communications from the Primary Servicer and to provide to the Primary Servicer information, materials and correspondence relating to the Mortgage Loans and the related Borrowers which may be necessary or appropriate to enable the Primary Servicer to perform its obligations hereunder.
Portfolio Manager. The Borrower shall timely enforce its rights and obligations under the Portfolio Management Agreement, including, without limitation, upon the Administrative Agent’s instruction after the occurrence of a Portfolio Manager Termination Event, terminating the Portfolio Manager in accordance with the terms thereof. The Borrower shall not engage the Portfolio Manager to perform any additional services under the Portfolio Management Agreement without obtaining the Administrative Agent’s prior written consent, which consent may be given or withheld in the Required Lenders’ reasonable discretion.
Portfolio Manager. Notwithstanding anything to the contrary in this Agreement, the Portfolio Manager shall not be liable for any consequential, special, indirect or punitive damages hereunder.
Portfolio Manager. The Portfolio Manager will have no responsibility under this Agreement other than to render the services called for hereunder in accordance with the Portfolio Manager Standard (as defined in the Portfolio Management Agreement). The Portfolio Manager shall not be liable to the Collateral Administrator in connection with any action or omission so long as such action or omission was taken in accordance with the Portfolio Manager Standard.
Portfolio Manager. The portfolio management for the following sub-funds is delegated to BAO CAPITAL PARTNERS LTD, Office ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (hereinafter the "Portfolio Manager”): • Abbey Road Funds – Global Equity Fund The Portfolio Manager is entrusted with the management of the assets under the supervision and responsibility of the Management Company carries out all transactions in this regard in compliance with the specified investment restrictions, and is liable to the Management Company for the performance of the activities arising from this delegation. The precise execution of the mandate is governed by a contract concluded between the Management Company and the Portfolio Manager.
Portfolio Manager. Section 3.03 Maintenance of Errors and Omissions and Fidelity Coverage................................................... Section 3.04 Delivery and Possession of Servicing Files................. Section 3.05 Exchange Act Reporting and Regulation AB Compliance........