Common use of Continuous Investment Program Clause in Contracts

Continuous Investment Program. The Sub-Adviser shall formulate and implement a continuous investment program for the Allocated Portion in accordance with the Strategy, including determining what portion of such assets will be invested or held un-invested in cash. Without limiting the generality of the foregoing, the Sub-Adviser is authorized to: (i) make investment decisions for the Fund in respect of the Allocated Portion; (ii) place purchase and sale orders for portfolio transactions in respect of the Allocated Portion and manage otherwise un-invested cash assets of the Allocated Portion; (iii) provide assistance with respect to the pricing of securities held in the Allocated Portion as the Adviser and Sub-Adviser will mutually agree upon from time to time; and (iv) subject to Section 2(d) below, execute account documentation, agreements, contracts and other documents as may be requested by brokers, dealers, counterparties and other persons in connection with the Sub-Adviser’s management of the Allocated Portion (in such respect, and only for this limited purpose, the Sub-Adviser will act as the Adviser’s and the Fund’s agent and attorney in fact). The Sub-Adviser will in general take such action as it deems appropriate to effectively manage the Allocated Portion.

Continuous Investment Program. The Sub-Adviser shall formulate and implement a continuous investment program for the Allocated Portion in accordance with the Strategy, including determining what portion of such assets will be invested or held un-invested uninvested in cash. Without limiting the generality of the foregoing, the Sub-Adviser is authorized to: (i) make investment decisions for the Fund in respect of the Allocated Portion; (ii) place purchase , including decisions for the investment and sale orders for portfolio transactions in respect reinvestment of the Allocated Portion assets (including cash and manage otherwise uncash-invested cash assets of the Allocated Portion; (iiiequivalent assets) provide assistance with respect to the pricing of securities held in the Allocated Portion as Portion, provided, that the Adviser and Sub-Adviser will mutually agree upon from time shall only provide advice and trade on behalf of the Fund with respect to timeCommodity Interests; and (ivii) subject to Section 2(d) below, execute account documentation, agreements, contracts contracts, and other documents as may be requested by brokers, dealers, counterparties counterparties, and other persons in connection with the Sub-Adviser’s management of the Allocated Portion (in such respect, and only for this limited purpose, the Sub-Adviser will will, as necessary to effect such documentation, agreements, contracts and other documents, act as the Adviser’s and the Fund’s agent and attorney in attorney-in-fact). The Sub-Adviser Adviser, in general, will in general take such action as it deems is appropriate to effectively manage the Allocated PortionPortion effectively.