Slide card in the Asset Management Agreement

Aug 6th, 2022
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How to slide card in the Asset Management Agreement

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(upbeat music) - Great, thank you Raghav. And thank you for having me here and nice to virtually chat with everyone. Thank you for coming to learn more about smart contracts and blockchains. The topic were gonna be discussing is specifically how smart contracts influence the asset management industry, and how they will act as a superior single source of truth. How them acting as a superior source of truth, single source of truth will begin to change the structure of the global financial markets, how that change in structure will then influence the asset management industry in its ability to manage risk in relation to its assets, gain access to new assets, and reduce operational costs and fees. So here is a basic diagram of what a smart contract is, it consists of code running on a network of computers thats beyond the control of any one party, private key holders which sign approving certain transactions, and also oracles that essentially input data into those contracts at a very hig

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What Is Asset Management in Oil and Gas? In simple terms, asset management is a risk management process of ensuring that oil and gas assets are constructed, operated, and maintained to meet safety, regulatory, and quality standards. It involves identifying, assessing, and prioritizing risks to the assets.
The client lays out their investment policies in a special asset management agreement. In a general asset management agreement, the asset manager is authorized to make investment decisions without having to consult with the client every time.
For oil and gas companies, oil reserves are considered a depleting asset, in that the more reserves they extract, the less product they will have available to sell in the future.
Background on AMAs AMAs are contractual relationships in which an asset manager agrees to manage another partys gas supply and delivery arrangements, including its pipeline capacity.
An asset management agreement is a real estate agreement that determines the rights and obligations of both parties, typically a property owner and a property management company. The property owner is entering into a deal with a property management company to manage the property on its behalf.
In general, an AMA is a contractual relationship where a party agrees to manage gas supply and delivery arrangements, including transportation and storage capacity, for another party.
It dictates how a business maintains the integrity and availability of all assets by outlining the companys requirements for asset ownership, categorization, acceptable use, and ongoing maintenance.
Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

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