Common use of New Series Clause in Contracts

New Series. In accordance with the Master Agreement, the Platform hereby establishes and designates the New Series, which shall be a “Series” for purposes of the Master Agreement. For all purposes of the Act, this Series Agreement, together with each other Separate Series Agreement and the Master Agreement constitute the “limited liability company agreement” of the Platform within the meaning of the Act. The terms and provisions of this Series Agreement may have the effect of altering, supplementing or amending the terms and provisions of the Master Agreement with respect to the New Series.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series)), Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series)), Separate Series Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series))

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New Series. In accordance with the Master Agreement, the Platform hereby establishes and designates the New Series, which shall be a "Series" for purposes of the Master Agreement. For all purposes of the Act, this Series Agreement, together with each other Separate Series Agreement and the Master Agreement constitute the "limited liability company agreement" of the Platform within the meaning of the Act. The terms and provisions of this Series Agreement may have the effect of altering, supplementing or amending the terms and provisions of the Master Agreement with respect to the New Series.

Appears in 1 contract

Samples: Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))

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