Common use of Powers of the Advisor Clause in Contracts

Powers of the Advisor. The Advisor shall have full discretion and authority to manage all assets and property of any type and description held in the Accounts (collectively in respect of the Accounts, the "Account Assets"), subject to any investment objectives, investment restrictions and investment policies applicable to the Accounts as set out in the Client’s investment policy summary generated while opening their Accounts. (the “Plan”). The Advisor shall be authorized to exercise the following powers for and on behalf of the Accounts: (a) to make all investment decisions in respect of the Account Assets and to otherwise manage the Account Assets and invest or reinvest or direct the Custodian (as defined below) to invest or reinvest any money or assets at any time, in any market, using any dealer held in or for the Accounts in such securities or other investments as the Advisor may in its sole discretion determine; (b) to purchase, sell and otherwise trade in securities in accordance with the Plan. (c) to buy or sell securities denominated in foreign currencies or conduct foreign exchange transactions on behalf of the Accounts or to enter into such transactions with counterparties; (d) to instruct the Custodian to settle such trades as are directed by the Advisor; (e) to exercise any conversion privileges, subscription rights, warrants and/or other rights or options available in connection with any securities or other Account Assets;; (f) to invest such portion of the Account Assets in cash or cash equivalents as the Advisor from time to time may deem to be in the best interests of the Accounts; (g) to assist with such applications and sign such documentation as may be necessary or desirable to be made on behalf of the Accounts with any securities, pension or other regulatory authority; (h) to retain third parties and affiliates of the Advisor, to perform any of the duties or obligations of the Advisor under this Agreement; (i) to create a debit balance while a charge in security holdings or a cash withdrawal is being affected in the Account where such debit balance is, in the reasonable opinion of the Advisor, in the best interests of the Account; (j) to negotiate and agree to any commissions associated with the purchase and sale of securities for the Account; and (k) to do all such acts, take all such proceedings and exercise all such rights and privileges, although not specifically mentioned herein, as may be determined by the Advisor to be necessary, desirable or appropriate to discharge its duties hereunder.

Powers of the Advisor. The Advisor shall have full discretion and authority to manage all assets and property of any type and description held in the Accounts (collectively in respect of the Accounts, the "Account Assets"), subject to any investment objectives, investment restrictions and investment policies applicable to the Accounts as set out in the Client’s investment policy summary generated while opening their Accounts. (the “Plan”). The Advisor shall be authorized to exercise the following powers for and on behalf of the Accounts: (a) to make all investment decisions in respect of the Account Assets and to otherwise manage the Account Assets and invest or reinvest or direct the Custodian (as defined below) to invest or reinvest any money or assets at any time, in any market, using any dealer held in or for the Accounts in such securities or other investments as the Advisor may in its sole discretion determine; (b) to purchase, sell and otherwise trade in securities in accordance with the Plan. (c) to buy or sell securities denominated in foreign currencies or conduct foreign exchange transactions on behalf of the Accounts or to enter into such transactions with counterpartiescounter parties; (d) to instruct the Custodian to settle such trades as are directed by the Advisor; (e) to exercise any conversion privileges, subscription rights, warrants and/or other rights or options available in connection with any securities or other Account Assets;; (f) to invest such portion of the Account Assets in cash or cash equivalents as the Advisor from time to time may deem to be in the best interests of the Accounts; (g) to assist with such applications and sign such documentation as may be necessary or desirable to be made on behalf of the Accounts with any securities, pension or other regulatory authority; (h) to retain third parties and affiliates of the Advisor, to perform any of the duties or obligations of the Advisor under this Agreement; (i) to create a debit balance while a charge in security holdings or a cash withdrawal is being affected in the Account where such debit balance is, in the reasonable opinion of the Advisor, in the best interests of the Account; (j) to negotiate and agree to any commissions associated with the purchase and sale of securities for the Account; and (k) to do all such acts, take all such proceedings and exercise all such rights and privileges, although not specifically mentioned herein, as may be determined by the Advisor to be necessary, desirable or appropriate to discharge its duties hereunder.