Common use of The Dealer Clause in Contracts

The Dealer. Manager represents that it has reasonable grounds to believe, based on information obtained from the Fund and the Managers through the Prospectus or other materials, that all material facts relating to a sale of the Units (including facts relating to the items set forth in Section 3(b) of NASD Rule 2810) are adequately and accurately disclosed and provide a basis for evaluating an investment in the Fund.

The Dealer. Manager represents that it has reasonable grounds to believe, based on information obtained from the Fund Company and the Managers through the Prospectus or other materials, that all material facts relating to a sale of the Units (including facts relating to the items set forth in Section 3(b(b)(3) of NASD Rule 2810) are adequately and accurately disclosed and provide a basis for evaluating an investment in the FundCompany.