Common use of Allocation Policy Clause in Contracts

Allocation Policy. Investment opportunities and allocation thereof between GH Group direct investments (if any) and any and all funds and clients of GH Group will be determined in accordance with the allocation policy agreed in writing by the Board from time to time, which shall be deemed to be incorporated in and form part of this Agreement. The parties acknowledge that a material breach of such allocation policy shall constitute a material breach for the purposes of clause 16.2.1 of the Agreement.

Allocation Policy. Investment opportunities and allocation thereof between GH Group direct investments (if any) and any and all funds and clients of GH Group will be determined in accordance with the allocation policy agreed in writing by the Board from time to time, which shall be deemed to be incorporated in and form part of this Agreement. The parties acknowledge that a material breach of such allocation policy shall constitute a material breach for the purposes of clause 16.2.1 20.2.1 of the Agreement.