Common use of Performance Information; Monthly Commentary Clause in Contracts

Performance Information; Monthly Commentary. While any of the Interests continue to be offered, upon request from the Manager or the Funds, the Trading Advisor, at its own expense, shall promptly provide the Funds and the Manager with complete and accurate performance information (in form and substance consistent with Sections 4.25 and 4.35 of the Commodity Regulations and with the NFA Rules) reflecting the actual performance of the accounts directed by the Trading Advisor (other than the performance of the Funds) up to the latest practicable date (consistent with Sections 4.25 and 4.35 of the Commodity Regulations), together with any reports or letters relating to such performance data received from accountants and in the possession of the Trading Advisor. The Trading Advisor shall also provide the Funds and the Manager with commentary pertaining to the performance of the Master Fund for each month no later than the tenth business day of the following month and hereby consents to the use of such commentary, as may be modified by the Manager in any non-material way, in any reports or marketing materials produced by the Funds or the Manager with respect to the Funds.

Appears in 1 contract

Sources: Advisory Agreement (Highbridge Commodities FuturesAccess LLC)

Performance Information; Monthly Commentary. While At all times while any of the Interests continue to be offered, upon request from the Manager or the Funds, the Trading Advisor, at its own reasonable expense, shall promptly provide the Funds and the Manager with complete and accurate performance information (in the format agreed between the parties in form and substance consistent with Sections 4.25 and 4.35 of the Commodity Regulations and with the NFA RulesRules to which the Manager is subject) reflecting the actual performance of the accounts directed by the Trading Advisor (other than the performance of the Funds) up to the latest practicable date (consistent with Sections 4.25 and 4.35 of the Commodity Regulations), together with any reports or letters relating to such performance data received from accountants and in the possession of the Trading Advisor. The Trading Advisor shall also provide the Funds and the Manager with commentary pertaining to the performance of the Master Fund for each month no later than the tenth sixth business day of the following month and hereby consents to the use of such commentary, as may be modified by the Manager in any non-material way, in any reports or marketing materials produced by the Funds or the Manager with respect to the FundsManager.

Appears in 1 contract

Sources: Advisory Agreement (Ortus Currency FuturesAccess LLC)