Investment Representation Agreement between Bank Leu Ag and Delta Petroleum Corporation dated December 28, 1999. 4 pages
Title: Understanding the Alaska Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation Introduction: The Alaska Investment Representation Agreement is a crucial legal document that establishes a partnership between Bank Led Ag (referred to as "the Bank") and Delta Petroleum Corporation (referred to as "Delta Petroleum"). This agreement lays out the terms and conditions concerning the investment representation services provided by the bank to Delta Petroleum in Alaska. Below, we delve into the comprehensive details of this agreement, encompassing its purpose, provisions, and potential variations. Keywords: Alaska Investment Representation Agreement, Bank Led Ag, Delta Petroleum Corporation, partnership, investment representation services, terms and conditions, legal document. 1. The Purpose of the Alaska Investment Representation Agreement: This section explains the primary objective of the agreement, which is acknowledging the bank's role as the representative of Delta Petroleum's interests in Alaska. The agreement aims to facilitate effective communication, provide investment advice, and ensure compliance with the relevant laws and regulations in Alaska. 2. Parties Involved and Their Roles: Here we elaborate on the two key entities involved in the agreement: Bank Led Ag and Delta Petroleum Corporation. The Bank assumes the role of the investment representative, responsible for managing and overseeing Delta Petroleum's investment affairs in Alaska. Delta Petroleum, as the client, entrusts the bank with its investment decisions and relies on their expertise. 3. Scope of Investment Representation Services: This section outlines the various services that the bank is obligated to provide under the agreement. These services may include investment research, portfolio management, risk assessment, asset allocation, and any other activities related to the investment representation role. Specific details and limitations are mentioned to ensure clarity and understanding between the parties. 4. Terms and Conditions: This section encompasses the contractual terms and conditions that the parties must adhere to throughout the agreement's duration. It covers aspects such as the term length, termination clauses, compensation arrangements, confidentiality obligations, and any liabilities or indemnifications that may arise. 5. Amendment and Termination: This clause addresses the circumstances under which the agreement can be amended or terminated by either party. It includes provisions for providing written notice, resolving any pending matters, and the obligations that persist even after termination. Different Types of Alaska Investment Representation Agreements: 1. Exclusive Representation Agreement: This variant states that Bank Led Ag exclusively represents Delta Petroleum in all investment matters within Alaska, prohibiting Delta Petroleum from seeking representation from any other party. 2. Non-Exclusive Representation Agreement: This type permits Delta Petroleum to engage with other financial institutions or representatives for investment purposes, alongside Bank Led Ag. 3. Limited Term Agreement: This variant specifies a pre-determined duration for the representation agreement, after which a renewal or termination decision is made. Conclusion: The Alaska Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation aims to establish and regulate the partnership between the parties, defining roles, responsibilities, and the scope of investment representation services. With various types of agreements available to cater to specific needs, this document ensures a clear understanding and beneficial collaboration between the bank and Delta Petroleum in Alaska. Keywords: Alaska Investment Representation Agreement, Bank Led Ag, Delta Petroleum Corporation, exclusive representation, non-exclusive representation, limited term agreement, partnership.
Title: Understanding the Alaska Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation Introduction: The Alaska Investment Representation Agreement is a crucial legal document that establishes a partnership between Bank Led Ag (referred to as "the Bank") and Delta Petroleum Corporation (referred to as "Delta Petroleum"). This agreement lays out the terms and conditions concerning the investment representation services provided by the bank to Delta Petroleum in Alaska. Below, we delve into the comprehensive details of this agreement, encompassing its purpose, provisions, and potential variations. Keywords: Alaska Investment Representation Agreement, Bank Led Ag, Delta Petroleum Corporation, partnership, investment representation services, terms and conditions, legal document. 1. The Purpose of the Alaska Investment Representation Agreement: This section explains the primary objective of the agreement, which is acknowledging the bank's role as the representative of Delta Petroleum's interests in Alaska. The agreement aims to facilitate effective communication, provide investment advice, and ensure compliance with the relevant laws and regulations in Alaska. 2. Parties Involved and Their Roles: Here we elaborate on the two key entities involved in the agreement: Bank Led Ag and Delta Petroleum Corporation. The Bank assumes the role of the investment representative, responsible for managing and overseeing Delta Petroleum's investment affairs in Alaska. Delta Petroleum, as the client, entrusts the bank with its investment decisions and relies on their expertise. 3. Scope of Investment Representation Services: This section outlines the various services that the bank is obligated to provide under the agreement. These services may include investment research, portfolio management, risk assessment, asset allocation, and any other activities related to the investment representation role. Specific details and limitations are mentioned to ensure clarity and understanding between the parties. 4. Terms and Conditions: This section encompasses the contractual terms and conditions that the parties must adhere to throughout the agreement's duration. It covers aspects such as the term length, termination clauses, compensation arrangements, confidentiality obligations, and any liabilities or indemnifications that may arise. 5. Amendment and Termination: This clause addresses the circumstances under which the agreement can be amended or terminated by either party. It includes provisions for providing written notice, resolving any pending matters, and the obligations that persist even after termination. Different Types of Alaska Investment Representation Agreements: 1. Exclusive Representation Agreement: This variant states that Bank Led Ag exclusively represents Delta Petroleum in all investment matters within Alaska, prohibiting Delta Petroleum from seeking representation from any other party. 2. Non-Exclusive Representation Agreement: This type permits Delta Petroleum to engage with other financial institutions or representatives for investment purposes, alongside Bank Led Ag. 3. Limited Term Agreement: This variant specifies a pre-determined duration for the representation agreement, after which a renewal or termination decision is made. Conclusion: The Alaska Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation aims to establish and regulate the partnership between the parties, defining roles, responsibilities, and the scope of investment representation services. With various types of agreements available to cater to specific needs, this document ensures a clear understanding and beneficial collaboration between the bank and Delta Petroleum in Alaska. Keywords: Alaska Investment Representation Agreement, Bank Led Ag, Delta Petroleum Corporation, exclusive representation, non-exclusive representation, limited term agreement, partnership.