Advisor’s Duties. (a) The Fund hereby appoints the Advisor as its true and lawful agent and invests it with full power and authority to trade "commodities” and engage in “commodities transactions” (as both terms are defined in Section 1(h) below), for the Account in accordance with the Aspect Diversified Program (the "Program"), pursuant to the terms and conditions of this Agreement. However, nothing in this Agreement or in the Advisor's activities for the Fund shall cause the Advisor to be a partner of, joint venturer with or have a similar relationship to the General Partner or any other trader for the Fund.
Appears in 2 contracts
Samples: Advisory Agreement (Seneca Global Fund, L.P.), Advisory Agreement (Aspect Global Diversified Fund LP)
Advisor’s Duties. (a) The Fund hereby appoints the Advisor as its true and lawful agent and invests with it with full power and authority to trade "“commodities” and engage in “commodities transactions” (as both terms are defined in Section 1(h1(i) below), ) for the Account in accordance with the Aspect Diversified QIM Global Program (the "“Program"”), pursuant to the terms and conditions of this Agreement. However, nothing in this Agreement or in the Advisor's activities for the Fund shall cause the Advisor to be a partner of, joint venturer with or have a similar relationship to the General Partner or any other trader for the Fund.
Appears in 2 contracts
Samples: Trading Advisory Agreement, Trading Advisory Agreement (Seneca Global Fund, L.P.)