Common use of Investment Objectives, Policies, Practices and Restrictions Clause in Contracts

Investment Objectives, Policies, Practices and Restrictions. (i) The investment of the assets of the Portfolio shall at all times be subject to the applicable provisions of the Articles of Incorporation, the Bylaws, the Registration Statement, the current Prospectus and the Statement of Additional Information of the Fund and shall conform to the investment objectives, policies and restrictions of the Portfolio as set forth in such documents and as interpreted from time to time by the Board of Directors of the Fund and by the Adviser, including diversification of the holdings of the Portfolio as a segregated asset account in accordance with Section 817 of the Internal Revenue Code, as amended (the "Code"), and Regulation Section 1.817-5 thereunder, provided that Adviser shall be responsible for ensuring that the Fund as a whole is "adequately diversified" if and to the extent required by Section 817(h) of the Code and Regulation 1.817-5 thereunder.

Investment Objectives, Policies, Practices and Restrictions. (i) The investment of the assets of the Portfolio Fund shall at all times be subject to the applicable provisions of the Articles Agreement and Declaration of IncorporationTrust, the Bylaws, the Registration Statement, the current Prospectus and the Statement of Additional Information of the Fund Trust and shall conform to the investment objectives, policies and restrictions of the Portfolio Fund as set forth in such documents and as interpreted from time to time by the Board of Directors Trustees of the Fund Trust and by the Adviser, including diversification of the holdings of the Portfolio Fund as a segregated asset account in accordance with Section 817 of the Internal Revenue Code, as amended (the "“Code"”), and Regulation Section 1.817-5 thereunder, provided that Adviser shall be responsible for ensuring that the Fund Trust as a whole is "“adequately diversified" ” if and to the extent required by Section 817(h) of the Code and Regulation 1.817-5 thereunder.

Investment Objectives, Policies, Practices and Restrictions. (i) The investment of the assets of the Portfolio shall at all times be subject to the applicable provisions of the Articles of Incorporation, the Bylaws, the Registration Statement, the current Prospectus and the Statement of Additional Information of the Fund and shall conform to the investment objectives, policies and restrictions of the Portfolio as set forth in such documents and as interpreted from time to time by the Board of Directors of the Fund and by the Adviser, including diversification of the holdings of the Portfolio as a segregated asset account in accordance with Section 817 of the Internal Revenue Code, as amended (the "Code"), and Regulation Section 1.817-5 thereunder, provided that Adviser shall be responsible for ensuring that the Fund as a whole is "adequately diversified" diversified if and to the extent required by Section 817(h) of the Code and Regulation 1.817-5 thereunder.