Common use of Advertising Material Clause in Contracts

Advertising Material. The Trust will not approve or authorize the use or distribution, in connection with the offering of its shares for sale, of any literature or advertisements in any form or through any medium, written or oral, unless not less than ten (10) days prior to the giving of such approval or authorization by the Trust, the Trust shall have submitted such literature or advertising to the Investment Adviser and the Investment Adviser, within ten (10) days, shall either have specifically approved or shall have failed to disapprove such literature or advertising.

Advertising Material. The Trust will not approve or authorize the use or -------------------- distribution, in connection with the offering of its shares of the Fund for sale, of any literature or advertisements in any form or through any medium, written or oral, unless not less than ten (10) days prior to the giving of such approval or authorization by the Trust, the Trust shall have submitted such literature or advertising to the Investment Adviser and the Investment Adviser, within ten (10) days, shall either have specifically approved or shall have failed to disapprove such literature or advertising.

Advertising Material. The Trust will not approve or authorize the -------------------- use or distribution, in connection with the offering of its shares for sale, of any literature or advertisements in any form or through any medium, written or oral, unless not less than ten (10) days prior to the giving of such approval or authorization by the Trust, the Trust shall have submitted such literature or advertising to the Investment Adviser and the Investment Adviser, within ten (10) days, shall either have specifically approved or shall have failed to disapprove such literature or advertising.

Advertising Material. The Trust will not approve or authorize the use or distribution, in connection with the offering of its shares of the Fund for sale, of any literature or advertisements in any form or through any medium, written or oral, unless not less than ten (10) days prior to the giving of such approval or authorization by the Trust, the Trust shall have submitted such literature or advertising to the Investment Adviser and the Investment Adviser, within ten (10) days, shall either have specifically approved or shall have failed to disapprove such literature or advertising.