Common use of Business of the Fund Clause in Contracts

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may in the opinion of the Board of Managers be necessary or advisable to carry out its objective or business.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Aetos Capital Opportunities Fund, LLC), Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)

AutoNDA by SimpleDocs

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may may, in the opinion of the Board of Managers Managers, be necessary or advisable to carry out its objective or business.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Torrey International Strategy Partners LLC), Limited Liability Company Agreement (Torrey Multi Strategy Partners LLC), Liability Company Agreement (Torrey International Strategy Partners LLC)

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and to engage in all such activities and transactions as may in the opinion of the Board of Managers be Directors may deem necessary or advisable to carry out its objective or business.in connection therewith, including:

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (Asa Hedged Equity Fund LLC), Limited Liability Company Operating Agreement (Asa Debt Arbitrage Fund LLC), Limited Liability Company Operating Agreement (Asa Managed Futures Fund LLC)

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise, either directly or by investment in Investment Funds. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may in the opinion of the Board of Managers be necessary or advisable to carry out its objective or business.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Mezzacappa Long Short Fund LLC), Mezzacappa Multi Strategy Fund LLC, Mezzacappa Multi Strategy Plus Fund LLC

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund Notwithstanding any provision of this Agreement to the contrary, the Fund, and each Director on behalf of the Fund, may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may in the opinion of the Board of Managers Directors be necessary or advisable to carry out its objective or business.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)

AutoNDA by SimpleDocs

Business of the Fund. (a) The business of the Fund is to invest its assets in Investment Funds, to purchase, sell (including short sales), invest invest, and trade in Securities, on margin or otherwise, Securities and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and otherwise to engage in all such other activities and transactions to exercise such rights and powers as may in permitted under the opinion of the Board of Managers be necessary or advisable to carry out its objective or businessDelaware Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (AMG Pantheon Private Equity Master Fund, LLC), Limited Liability Company Agreement (AMG Pantheon Private Equity Master Fund, LLC)

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, and to engage in any financial or derivative transactions relating thereto or otherwise, either directly or indirectly by investing in Investment Funds. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may in the opinion of the Board of Managers be necessary or advisable to carry out its objective or business.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mezzacappa Partners, LLC), Limited Liability Company Agreement (Mezzacappa Partners, LLC)

Business of the Fund. (a) The business of the Fund is to purchase, sell (including short sales), invest and trade in Securities, on margin or otherwise, otherwise and to engage in any financial or derivative transactions relating thereto or otherwise. The Fund may execute, deliver and perform all contracts, agreements, subscription documents and other undertakings and engage in all activities and transactions as may may, in the opinion of the Board of Managers Managers, be necessary or advisable to carry out its objective or business.

Appears in 1 contract

Samples: Arden Registered Institutional Advisers LLC

Time is Money Join Law Insider Premium to draft better contracts faster.