Trading Services. (a) The Adviser hereby appoints the Trader to act as a commodity trading advisor (“CTA”) to the Subsidiary with respect to that portion of the Subsidiary’s assets allocated from time to time to the Trader by the Adviser for the periods and on the terms herein set forth (the “Allocated Assets”). The Trader accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided.
Trading Services. (a) The Adviser hereby appoints the Trader to act as a commodity trading advisor (“CTA”) to Series 4 and SP4 with respect to assets allocated to Series 4 and SP4’s from time to time by the Adviser for the periods and on the terms herein set forth (the “Allocated Assets”). The Trader accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided. To the extent the Allocated Assets are traded under SP4, the Trader acknowledges and agrees that SP4 is subject to the limitations set forth in paragraphs 1(a) and (b) above. To the extent the Allocated Assets are traded under Series 4, the Trader acknowledges and agrees that Series 4 is subject to the limitations set forth in paragraphs 2(a) and (b) above.
Trading Services. 4.1 The T4CB shall trade securities for Clients and for the T4IB's principal business on the exchanges and in the over-the-counter markets as agreed to in Schedule "C" hereof in accordance with SRO Requirements and applicable law.]
Trading Services. 4.1 The T1CB shall trade securities for Clients and for the T1IB's principal business on the exchanges and in the over-the-counter markets as agreed to in Schedule "C" hereof in accordance with SRO Requirements and applicable law.
Trading Services. The trading services is an execution-only service. The Client will be responsible for all investment decisions and actions with respect to the trades entered into. This includes, but is not limited to, opening, closing, or not opening or closing, a Transaction. The copy trading services is a limited form of discretionary investment management as set forth in the Addendum to the Agreement “COPY TRADING”. This requires the Client’s investment knowledge and experience in copy trading.
Trading Services. During the Term, one of the Members (the “Trading Member”), which shall initially be PTS, acting itself or through one or more of its Affiliates, shall perform and be solely responsible for purchasing, selling, storing, transporting, marketing and transacting trades in ND Crude Oil, and entering into related agreements and conducting related activities, on behalf of the Company, subject to the terms contained in this Agreement (the “Trading Activities”). All Trading Activities in ND Crude Oil involving transportation by rail and requiring transloading shall be required to be transloaded at the New Town, North Dakota, facility owned by Dakota Plains Transport, Inc. unless otherwise agreed upon by the Members. Trading Activities may, without limitation, consist of physical and/or financial transactions, including hedging or other financial arrangements not involving the actual trading of any physical ND Crude Oil; provided, however, that such financial transactions must be entered into for risk management purposes and must not involve the assumption of any flat price risk. Counterparties to any individual transaction constituting a Trading Activity may be the Company, the Trading Member or an Affiliate of the Trading Member, as determined by the Trading Member in its sole discretion; provided, that any and all transactions constituting Trading Activities to which the Trading Member or an Affiliate of the Trading Member is a counterparty shall be segregated from, and not commingled with, other transactions and lines of business engaged in by the Trading Member and its Affiliates. The Trading Member shall be solely responsible for employing and compensating employees that execute transactions constituting Trading Activities and for providing office space and necessary information technology equipment for such employees to conduct the Trading Activities. The Trading Member shall be obligated to use commercially reasonable efforts, in the exercise of its reasonable judgment, to maximize the profitability to the Company of the Trading Activities, considered in the aggregate, over the Term, it being understood that (x) such commercially reasonable efforts shall not require the Trading Member to take any actions prohibited by this Agreement or to make any contributions or advances to the Company not required by this Agreement and (y) the Trading Member shall not be in violation of its obligations hereunder in the exercise of its judgment in connection with any indi...
Trading Services. (a) The Adviser hereby appoints the Trader to act as a commodity trading advisor ("CTA") to Series 15 and SP15 with respect to assets allocated to Series 15 and SP15 from time to time by the Adviser for the periods and on the terms herein set forth (the "Allocated Assets" ). The Trader accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided. To the extent the Allocated Assets are traded under SP15, the Trader acknowledges and agrees that SP15 is subject to the limitations set forth in paragraphs 1 (a) and (b) above. To the extent the Allocated Assets are traded under Series 15, the Trader acknowledges and agrees that Series 15 is subject to the limitations set forth in paragraphs 2 (a) and (b) above. The Trader shall, subject to the supervision and oversight of the Adviser, trade the Allocated Assets on behalf of Series 15 and SP15 in accordance with the terms of this Agreement and the Supplemental Trading Agreement entered into by the Adviser and the Trader in relation to the Allocated Assets and in accordance with (i) the investment objective, policies and restrictions of the Company, the Onshore LLC and the Portfolio in relation to Series 15 and SP15 set forth in the Portfolio's prospectus and statement of additional information, as they may be amended from time to time, any reasonable additional policies or guidelines, including without limitation compliance policies and procedures, established by the Adviser, the Fund's Chief Compliance Officer, or by the Fund's Board of Directors ("B oard") that have been furnished in writing to the Trader, provided that the Trader is afforded a reasonable period of time to comply with, and is capable of complying with, such additional policies or guidelines (ii) the written instructions and directions received from the Adviser and the Fund as delivered in accordance with and subject to this Agreement; and (iii) all laws applicable to the Trader's duties under this Agreement, all as may be in effect from time to time. The foregoing are referred to below together as the "Policies". For purposes of compliance with the Policies, the Trader shall be entitled to treat the Allocated Assets as though the Allocated Assets constituted the entire Onshore LLC or Company, as applicable , and the Trader shall not be responsible in any way for the compliance of any assets of the Onshore LLC or Company, other than the Allocated Assets, with the Policies. Subject to the foreg...
Trading Services. The trading services are an execution-only service. The Client will be responsible for all investment decisions and actions with respect to the trades entered into. This includes, but is not limited to, opening, closing, or not opening or closing, a Transaction.
Trading Services. (a) The Adviser hereby appoints the Trader to act as a commodity trading advisor (“CTA”) to Series 12 and SPC 12 with respect to assets allocated to Series 12 and SPC 12’s from time to time by the Adviser for the periods and on the terms herein set forth (the “Allocated Assets”). The Trader accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided. To the extent the Allocated Assets are traded under SPC 12, the Trader acknowledges and agrees that SPC 12 is subject to the limitations set forth in paragraphs 1 (a) and (b) above. To the extent the Allocated Assets are traded under Series 12, the Trader acknowledges and agrees that Series 12 is subject to the limitations set forth in paragraphs 2 (a) and (b) above.
Trading Services. (a) The Adviser hereby appoints the Trading Adviser to act as a commodity trading advisor (“CTA”) to Series 13 and SP13 with respect to assets allocated to Series 13 and SP13 from time to time by the Adviser for the periods and on the terms set forth in this Agreement and the Supplemental Trading Agreement (the “Allocated Assets”). The Trading Adviser accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided. To the extent the Allocated Assets are traded under SP13, the Trading Adviser acknowledges and agrees that SP13 is subject to the limitations set forth in paragraphs 1 (a) and (b) above. To the extent the Allocated Assets are traded under Series 13, the Trading Adviser acknowledges and agrees that Series 13 is subject to the limitations set forth in paragraphs 2 (a) and (b) above. The Adviser will increase or decrease the amount of Allocated Assets from time to time and, therefore, the Account Trading Size (as defined in the Supplemental Trading Agreement) will be increased or decreased in accordance with paragraph 3 of the Supplemental Trading Agreement, headed “Change of Account Trading Size”.
