Common use of Activities of the Manager Clause in Contracts

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article V referred to as "affiliates") is free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners and shareholders or otherwise and that the Manager and the directors, officers, employees, partners and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or the Fund as shareholders or otherwise.

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article V referred to as "“affiliates"”) is free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners and shareholders or otherwise and that the Manager and the directors, officers, employees, partners and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or the Fund as shareholders or otherwise.

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article V referred to as "affiliates") is are free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners employees and shareholders or otherwise otherwise, and that the Manager and the directors, officers, employees, partners employees and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or and the Fund, and that the Manager may become interested in the Trust and the Fund as shareholders a shareholder or otherwise.

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of Article V referred to as "affiliates") is free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners employees and shareholders or otherwise and that the Manager and the directors, officers, employees, partners employees and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or and the Fund, and that the Manager may become interested in the Trust and the Fund as shareholders shareholder or otherwise.

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for .(for purposes of Article V referred to as "affiliates") is free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners employees and shareholders or otherwise and otherwise, that the Manager and the directors, officers, employees, partners employees and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or and the Fund, and that the Manager may become interested in the Trust and the Fund as shareholders shareholder or otherwise.

Activities of the Manager. The services of the Manager to the Trust and the Fund are not to be deemed to be exclusive, and the Manager and any person controlled by or under common control with the Manager (for purposes of this Article V referred to as "affiliates") is are free to render services to others. It is understood that Trustees, officers, employees and shareholders of the Trust and the Fund are or may become interested in the Manager and its affiliates, as directors, officers, employees, partners partners, and shareholders or otherwise and that the Manager and the directors, officers, employees, partners partners, and shareholders of the Manager and its affiliates are or may become similarly interested in the Trust or and the Fund, and that the Manager and directors, officers, employees, partners, and shareholders of its affiliates may become interested in the Trust and the Fund as shareholders or otherwise.