Cleared Personnel definition

Cleared Personnel means persons whose access to information or documents has been authorised, in writing, by the IRBA Director Investigations.

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Cleared Personnel means all employees of Blackstone Alternative Asset Management L.P. (“BAAM”) who (i) are subject to BAAM’s confidentiality policies and procedures; (ii) are involved in the compliance and/or operations of the Fund (provided that single-named securities held by the Allocated Portion will not be provided to BAAM’s Front Office Investment Team); and (iii) have a legitimate business need to receive information about the Sub-Adviser.

Cleared Personnel means solely those employees of Blackstone Alternative Asset Management L.P. (“BAAM”) or the Adviser who (i) are responsible for the compliance, valuation, financial reporting, and/or non-investment related operations of the Fund; and (ii) have a legitimate business need to receive information about the Fund solely to satisfy compliance, valuation, financial reporting and/or non-investment related operations requirements for the Fund; provided that, in each case, under no circumstances shall the Portfolio Information pertaining to the Allocated Portion be provided to, or be accessed by, the front office investment team or risk management team, portfolio managers, investment analysts, or other employees of BAAM, the Adviser, or their affiliates serving in a similar function, unless otherwise mutually agreed upon in writing by the parties hereto.

Examples of Cleared Personnel in a sentence

In addition to the requirements of subsection (a) above, the Adviser and the Sub-Adviser will restrict access to the Portfolio Information to Cleared Personnel of the Adviser and those employees of the Sub-Adviser or their affiliates or agents who will use it only for purposes reasonably related to the provision of services to the Fund and the Adviser and Sub-Adviser will be obligated to ensure that it is used only for such purposes.
The Cleared Personnel of the Adviser and the Fund’s Chief Compliance Officer shall, upon reasonable advance notice, be provided with access to the Sub-Adviser’s documentation and records relating to the Fund’s Books and Records and copies of such documentation and records; provided that the Adviser’s access to and/or receipt of such documentation and/or records shall be in accordance with Section 15 hereof.
The Sub-Adviser also shall provide such additional information to the Adviser or the Administrator regarding the Sub-Adviser’s implementation of the Strategy as the Adviser or Administrator may reasonably request (to which, with respect to the Adviser, only Cleared Personnel shall have access).
In the event of the termination of this Agreement, the Fund’s Books and Records will be returned to the Trust, to the Cleared Personnel of the Adviser or to the Administrator to be maintained on behalf of the Fund.
On each business day, the Sub-Adviser shall provide reports (to which, with respect to the Adviser, only Cleared Personnel shall have access) to the Fund’s administrator (the “Administrator”), as mutually agreed upon (in both content and format) by the Adviser and the Sub-Adviser.
On each Business Day, the Sub-Adviser shall provide reports (to which Cleared Personnel (as defined below) will have access) to the Fund’s administrator (the “Administrator”) regarding (i) the securities or other instruments held in the Allocated Portion; and (ii) the securities or other instruments purchased and sold for the Allocated Portion by the Sub-Adviser on such Business Day.
On each Business Day, the Sub-Adviser shall provide reports (to which, with respect to the Adviser, only Cleared Personnel shall have access) to the Fund’s administrator (the “Administrator”), as mutually agreed upon (in both content and format) by the Adviser and the Sub-Adviser, regarding (i) the securities or other instruments held in the Allocated Portion; and (ii) the securities or other instruments purchased and sold for the Allocated Portion by the Sub-Adviser on such Business Day.
On each Business Day, the Sub-Adviser shall provide reports (to which Cleared Personnel (as defined below) will have access) to the Fund’s administrator (the “Administrator”) regarding (i) the securities or other instruments, including, without limitation, cash and cash equivalents, held in the Allocated Portion; and (ii) the securities or other instruments purchased and sold for the Allocated Portion by the Sub-Adviser on such Business Day.
On each business day, the Sub-Adviser shall provide reports (to which Cleared Personnel (as defined below) will have access) to the Fund’s administrator (the “Administrator”) regarding (i) the securities or other instruments held in the Allocated Portion; and (ii) the securities or other instruments purchased and sold for the Allocated Portion by the Sub-Adviser on such business day.