Common use of AIFM Clause in Contracts

AIFM. The AIF shall be managed by BENDURA FUND MANAGEMENT ALPHA AG (the "AIFM") in accord- ance with this Trust Agreement. The AIFM has been duly authorised by the FMA and entered in the FMA's official published list of AIFMs authorised in Liechtenstein. The AIFM shall manage the AIF for the account and in the exclusive interests of the investors in accord- ance with the provisions of the constituent documents. The AIFM shall be entitled to make dispositions regarding all objects belonging to the AIF in accordance with the relevant statutory provisions and the constituent documents and to exercise all the associated rights.

AIFM. The AIF shall be managed by BENDURA FUND MANAGEMENT ALPHA ONE Funds AG (the "AIFM") in accord- ance accordance with this Trust Agreement. The AIFM has been duly authorised by the FMA and entered in the FMA's official published list of AIFMs authorised in Liechtenstein. The AIFM shall manage the AIF for the account and in the exclusive interests of the investors in accord- ance accordance with the provisions of the constituent documents. The AIFM shall be entitled to make dispositions regarding all objects belonging to the AIF in accordance with the relevant statutory provisions and the constituent documents and to exercise all the associated rights.

AIFM. The AIF shall be managed by BENDURA FUND MANAGEMENT ALPHA Valartis Fund Management (Liechtenstein) AG (the "AIFM") in accord- ance accordance with this Trust Agreement. The AIFM has been duly authorised by the FMA and entered in the FMA's official published list of AIFMs authorised in Liechtenstein. The AIFM shall manage the AIF for the account and in the exclusive interests of the investors in accord- ance accordance with the provisions of the constituent documents. The AIFM shall be entitled to make dispositions regarding all objects belonging to the AIF in accordance with the relevant statutory provisions and the constituent documents and to exercise all the associated rights.