Common use of Rights of Ownership Clause in Contracts

Rights of Ownership. You acknowledge that, with respect to Securities Used by JPMS (i) in certain circumstances you may not be able to exercise voting and other attendant rights of ownership, (ii) rather than a dividend you may receive a payment which will not be eligible for the preferential tax rate or treatment which may apply to dividends and (iii) JPMS may receive and retain certain benefits (e.g., payments) to which you will not be entitled. Other than as specifically described in this Section 16, no such Use shall limit JPMS’s Obligations to you hereunder.

Appears in 18 contracts

Samples: Institutional Account Agreement (Tactical Diversified Futures Fund L.P.), Institutional Account Agreement (Emerging Cta Portfolio Lp), Institutional Account Agreement (LV Futures Fund L.P.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.