Common use of No Guarantee of Profits Clause in Contracts

No Guarantee of Profits. The Fund and the Manager both specifically acknowledge that in agreeing to manage the Fund, the Trading Advisor is in no respects making any guarantee of profits or of protections against loss, but it is undertaking to use reasonable best efforts to trade profitably on behalf of the Fund.

Appears in 5 contracts

Samples: Advisory Agreement (ML BlueTrend FuturesAccess LLC), Ml Futuresaccesssm Advisory Agreement (ML BlueTrend FuturesAccess LLC), Advisory Agreement (ML Cornerstone FuturesAccess LLC)

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No Guarantee of Profits. The Fund and the Manager both specifically acknowledge that in agreeing to manage make trading decisions for the Fund, the Trading Advisor is in no respects making any guarantee of profits or of protections against loss, but it is undertaking to use reasonable best efforts to trade profitably on behalf of the Fund.

Appears in 1 contract

Samples: Futuresaccesssm Advisory Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC)

No Guarantee of Profits. The Fund and the Manager both specifically acknowledge that in agreeing to manage the Fund, the Trading Advisor is in no respects making any guarantee of profits or of protections against loss, but it is undertaking to use commercially reasonable best efforts to trade profitably on behalf of the Fund.

Appears in 1 contract

Samples: Advisory Agreement (ML Aspect FuturesAccess LLC)

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No Guarantee of Profits. The Fund and the Manager both specifically acknowledge that in agreeing to manage the Fund, the Trading Advisor is in no respects making any guarantee of profits or of protections against loss, but it is undertaking to use reasonable best efforts to trade profitably on behalf of the Fund.

Appears in 1 contract

Samples: Futuresaccesssm Advisory Agreement (Man AHL FuturesAccess LLC)

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