Common use of Covenants of the Subadviser Clause in Contracts

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fundthe Portfolio, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund the Portfolio except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund the Portfolio relative to the Subadviser and its partners, directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, if any, as principals in making purchases or sales of securities or other property for the account of a Fundthe Portfolio, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund the Portfolio except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund the Portfolio relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a FundPortfolio, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund Portfolio except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund Portfolio relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Board of Trustees of the Trust or the Trust's principal underwriter or distributor, as principals Adviser in making purchases or sales of securities or other property for the account of a the Fund, and except as permitted by the 1940 Act, will not take a long or short position in shares the holdings of beneficial interests of a the Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each prospectus of the Fund relative to the Subadviser Subadviser, Adviser and its directors the Fund’s Trustees and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a FundPortfolio, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund Portfolio except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund Portfolio relative to the Subadviser and its partners, directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fundthe Portfolio, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund the Portfolio except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund the Portfolio relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund relative to the Subadviser and its partners, directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, itself or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a the Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a the Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each the Fund relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, distributor as principals in making purchases or sales of securities or other property for the account of a the Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each the Fund relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each Fund relative to the Subadviser and its partners, directors and officersoffficers.

Covenants of the Subadviser. The Subadviser agrees that it will not --------------------------- deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, distributor as principals in making purchases or sales of securities or other property for the account of a the Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each the Fund relative to the Subadviser and its directors and officers.

Covenants of the Subadviser. The Subadviser agrees that it will not deal with itself, or with the Trustees of the Trust or the Trust's principal underwriter or distributor, as principals in making purchases or sales of securities or other property for the account of a Fund, except as permitted by the 1940 Act, will not take a long or short position in shares of beneficial interests of a the Fund except as permitted by the Declaration, and will comply with all other provisions of the Declaration and By-Laws and the then-current Registration Statement applicable to each the Fund relative to the Subadviser and its directors and officers.