Common use of FX Contracts Clause in Contracts

FX Contracts. Where foreign exchange contracts are taken out to hedge foreign exchange exposure, the Company shall allocate such contracts to specific Non-New Zealand Portfolio Entities at the time such contracts are entered into and advise the Company accordingly.55 52 See Agreement Amending the Management Agreement dated 4 November 2002. 53 See Agreement Amending the Management Agreement dated 4 November 2002. 54 See Agreement Amending the Management Agreement dated 4 November 2002.

Appears in 2 contracts

Sources: Management Agreement, Management Agreement