Common use of Notification of Material Changes Clause in Contracts

Notification of Material Changes. The Advisor also agrees to give the 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 Trust) over the objection of the Managing Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Trust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor's Trading Approach, the addition or deletion of Commodities to or from the Advisor'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 Trading Approach, and prior approval of the Managing Owner shall not be required therefor. The Advisor agrees that it will discuss with the Managing Owner upon request, subject to adequate assurances of confidentiality, any trading methods or strategies used by it for trading customer accounts which differ from the Trading Approach which it uses for the Trust, provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information concerning any such trading methods or strategies, including the Trading Approach.

Notification of Material Changes. The Advisor also agrees to give the Trust Client 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 TrustClient) over the objection of the Managing OwnerClient, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the TrustClient) 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 (other than the addition or deletion of Commodities then being traded (i) on organized domestic commodities exchanges, (ii) on foreign commodities exchanges recognized by 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 Advisor, shall not be deemed a material change in the Advisor's ’s Trading Approach, and prior approval of the Managing Owner Client shall not be required therefortherefore. The Subject to adequate assurances of confidentiality, the Advisor agrees that it will discuss with the Managing Owner Client upon request, subject to adequate assurances of confidentiality, request any trading methods methods, programs, systems or strategies used by it for trading customer accounts which differ from the Trading Approach which it uses used for the TrustClient, provided, provided that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information concerning any such trading methods or strategies, including the Trading Approachinformation.

Notification of Material Changes. The Advisor also agrees to give the Trust Partnership prior written notice of any proposed material change in its his Trading Approach, and agrees not to make any material change in such Trading Approach (as applied to the TrustPartnership) over the objection of the Managing OwnerGeneral Partner, it being understood that the Advisor shall be free to institute non-material changes in its his Trading Approach (as applied to the TrustPartnership) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor's Trading Approach, the addition or deletion of Commodities to or from the Advisor'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 Trading Approach, and prior approval of the Managing Owner General Partner shall not be required therefor. The Advisor agrees that it he will discuss with the Managing Owner General Partner upon request, subject to adequate assurances of confidentiality, any trading methods or strategies used by it him for trading customer accounts which differ from the Trading Approach which it he uses for the TrustPartnership, provided, that nothing contained in this Agreement shall require the Advisor to disclose what it he deems to be proprietary or confidential information concerning any such trading methods or strategies, including the Trading Approach.

Notification of Material Changes. The Advisor also agrees to give the 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 Trust) over the objection of the Managing Owner, it being understood that the Advisor shall be free to institute non-material changes in its Trading Approach (as applied to the Trust) without prior written notification. Without limiting the generality of the foregoing, refinements to the Advisor's Trading Approach, the addition or deletion of Commodities to or from the Advisor'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 Trading Approach, and prior approval of the Managing Owner shall not be required therefor. The addition or deletion of a trading program to or from the Advisor's Trading Approach as applied to the Trust shall be deemed a material change in the Advisor's Trading Approach, and prior approval of the Managing Owner shall be required therefor. Subject to reasonable assurances of confidentiality, the Advisor agrees that it will discuss with the Managing Owner upon request, subject to adequate assurances of confidentiality, any trading methods or strategies used by it for trading customer accounts which differ from the Trading Approach which it uses for the Trust, provided, that nothing contained in this Agreement shall require the Advisor to disclose what it deems to be proprietary or confidential information concerning any such trading methods or strategies, including the Trading Approach.