Services to Be Provided by Adviser Sample Clauses
The 'Services to be Provided by Adviser' clause defines the specific duties and responsibilities that the adviser is obligated to perform under the agreement. It typically outlines the scope of services, such as providing financial advice, preparing reports, or assisting with compliance matters, and may detail any limitations or exclusions. By clearly specifying what is expected from the adviser, this clause ensures both parties have a mutual understanding of the adviser's role, thereby reducing the risk of misunderstandings or disputes regarding service delivery.
Services to Be Provided by Adviser. In particular, the Adviser shall furnish continuously an investment program for the Portfolio and shall determine from time to time in the Adviser's discretion the securities and other investments to be purchased or sold or exchanged and what portions of the Portfolio shall be held in various securities, cash, or other investments. In this connection, the Adviser shall provide the Fund's Board and officers, with any reports and documentation as the Adviser, and the Fund's Board and officers shall reasonably request regarding the Adviser's management of the Portfolio assets. The Adviser shall not delegate any of the Adviser's duties under this Agreement to any other Adviser without the consent and approval of the Fund's Board and a majority of those trustees who are not parties to this Agreement or "interested persons" of any party; provided, that, in the event the Adviser is authorized to so delegate, the Adviser shall retain overall responsibility for these delegated powers and functions and any and all obligations and liabilities in connection therewith.
Services to Be Provided by Adviser