Common use of Notification of Material Changes Clause in Contracts

Notification of Material Changes. The Advisor also agrees to give the Company prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the Company) over the objection of the Company, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Company) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto as Exhibit C would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the Company, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 9 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (Kenmar Global Trust), Advisory Agreement (Diversified Futures Trust I)

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Notification of Material Changes. The Advisor also agrees to give the Company prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the Company) over the objection of the Company, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Company) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on EXECUTION VERSION domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto as Exhibit C would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the Company, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 3 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series D), Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (KMP Futures Fund I LLC)

Notification of Material Changes. The Advisor also agrees to give the Company prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the Company) over the objection of the Company, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Company) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto as Exhibit C D would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the Company, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 3 contracts

Samples: Advisory Agreement (World Monitor Trust Series A), Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (World Monitor Trust Ii Series D)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization addition or deletion of forward markets in addition a trading program to those enumerated in or from the Advisor’s Disclosure Document attached hereto 's Trading Approach as Exhibit C would applied to the Trust shall be deemed a material change to in the Advisor’s 's Trading Approach Approach, and prior approval of the Managing Owner shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 2 contracts

Samples: Advisory Agreement (Diversified Futures Trust I), Advisory Agreement (Prudential Securities Strategic Trust)

Notification of Material Changes. The Advisor also agrees to give the Company Managing Owner prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach and Approach, the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, and variations in the leverage principles and policies utilized by the Advisor, shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s 's Disclosure Document Document, dated July 1, 2000 (the "Disclosure Document"), attached hereto as Exhibit C C, would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefortherefore. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust Series C), Advisory Agreement (World Monitor Trust Series C)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach and Approach, the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, and variations in the leverage principles and policies utilized by the Advisor, shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 2 contracts

Samples: World Monitor Trust Advisory Agreement (World Monitor Trust Series A), Advisory Agreement (World Monitor Trust III)

Notification of Material Changes. The Advisor also agrees to give the Company Series J prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanySeries J) over the objection of the CompanySeries J, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanySeries J) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company Series J shall not be required therefortherefore. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Series J upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanySeries J, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (World Monitor Trust III - Series J)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series F)

Notification of Material Changes. The Advisor also agrees to give the Company KMPFF prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyKMPFF) over the objection of the CompanyKMPFF, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyKMPFF) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company KMPFF shall not be required therefortherefore. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto as Exhibit C hereto would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company KMPFF upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyKMPFF, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential informationinformation in its reasonable discretion.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series E)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series F)

Notification of Material Changes. The Advisor also agrees to give the Company Trading Vehicle prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrading Vehicle) over the objection of the CompanyTrading Vehicle, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrading Vehicle) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Trading Vehicle shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Trading Vehicle upon request any alternate trading methods, programs, systems or strategies used by it for trading customer accounts which differ from strategy that the Advisor believes would be beneficial to the Trading Approach used for the CompanyVehicle, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach and Approach, the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) ), to or from the Advisor’s 's Trading Approach, and variations in the leverage principles and policies utilized by the Advisor, shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s 's Disclosure Document Document, dated April 15, 2000 (the "Disclosure Document"), attached hereto as Exhibit C D, would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Prudential Securities Strategic Trust Advisory Agreement (Willowbridge Strategic Trust)

Notification of Material Changes. The Trading Advisor also agrees to give the Company Managing Owner prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the Trading Company) over the objection of the CompanyManaging Owner, it being understood that the Trading Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Trading Company) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach and Approach, the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto Prospectus or as Exhibit C otherwise agreed to with the Managing Owner would be deemed a material change to the Advisor’s Trading Approach and prior written approval by the Managing Owner shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the Company, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Frontier Fund Advisory Agreement (Frontier Fund)

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Notification of Material Changes. The Advisor also agrees to give the Company Trading Vehicle prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrading Vehicle) over the objection of the CompanyTrading Vehicle, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrading Vehicle) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Trading Vehicle shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Trading Vehicle upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrading Vehicle, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series E)

Notification of Material Changes. The Advisor also agrees to give the Company Series J prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanySeries J) over the objection of the CompanySeries J, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanySeries J) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company Series J shall not be required therefortherefore. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Series J upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanySeries J, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Amended and Restated Advisory Agreement (World Monitor Trust III - Series J)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach Approach, and the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

Notification of Material Changes. The Advisor also agrees to give the Company Trading Vehicle prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrading Vehicle) over the objection of the CompanyTrading Vehicle, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrading Vehicle) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company Trading Vehicle shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Trading Vehicle upon request any alternate trading methods, programs, systems or strategies used by it for trading customer accounts which differ from strategy that the Advisor believes would be beneficial to the Trading Approach used for the CompanyVehicle, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (Futures Strategic Trust)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach and Approach, the addition or deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, and variations in the leverage principles and policies utilized by the Advisor shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization addition or deletion of forward markets in addition a trading program to those enumerated in or from the Advisor’s Disclosure Document attached hereto 's Trading Approach as Exhibit C would applied to the Trust shall be deemed a material change to in the Advisor’s 's Trading Approach Approach, and prior approval of the Managing Owner shall be required therefor. Subject to adequate reasonable assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request request, any trading methods, programs, systems methods or strategies used by it for trading customer accounts which differ from the Trading Approach used which it uses for the Company, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential informationTrust.

Appears in 1 contract

Samples: Advisory Agreement (Diversified Futures Trust I)

Notification of Material Changes. The Advisor also agrees to give the Company KMPFF prior written notice of any proposed material change in its Trading Approach Approach, and agrees not to make any material change in such Trading Approach (as applied to the CompanyKMPFF) over the objection of the CompanyKMPFF, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyKMPFF) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s Trading Approach Approach, and the deletion (but not the addition) of Commodities (other than the addition of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the “CFTC”) as providing customer protections comparable to those provided on domestic exchanges exchanges, or (iii) in the interbank foreign currency market) to or from the Advisor’s Trading Approach, Approach shall not be deemed a material change in the Advisor’s Trading Approach, and prior approval of the Company KMPFF Exhibit 10.10 shall not be required therefortherefore. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached hereto as Exhibit C hereto would be deemed a material change to the Advisor’s Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company KMPFF upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyKMPFF, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential informationinformation in its reasonable discretion.

Appears in 1 contract

Samples: Advisory Agreement (KMP Futures Fund I LLC)

Notification of Material Changes. The Advisor also agrees to give the Company Trust prior written notice of any proposed material change in its Trading Approach and agrees not to make any material change in such Trading Approach (as applied to the CompanyTrust) over the objection of the CompanyManaging Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the CompanyTrust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor’s 's Trading Approach and the deletion (but not the addition) of Commodities commodities (other than the addition of Commodities commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by the Commodity Futures Trading Commission (the "CFTC") as providing customer protections comparable to those provided on domestic exchanges or (iii) in the interbank foreign currency market) to or from the Advisor’s 's Trading Approach, Approach shall not be deemed a material change in the Advisor’s 's Trading Approach, and prior approval of the Company Managing Owner shall not be required therefor. The utilization of forward markets in addition to those enumerated in the Advisor’s Disclosure Document attached Exhibit D hereto as Exhibit C would be deemed a material change to the Advisor’s 's Trading Approach and prior approval shall be required therefor. Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Company Managing Owner upon request any trading methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach used for the CompanyTrust, provided provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series D)

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