Common use of Allocation of Investment Opportunities Clause in Contracts

Allocation of Investment Opportunities. The Issuer understands and agrees that the Portfolio Manager performs investment management services for various persons and entities and may take action with respect to any of such persons or entities which may differ from any actions taken (or from the timing or nature of actions taken) with respect to, or on behalf of, the Issuer. The Portfolio Manager shall not be obligated to purchase or sell for the Issuer securities which the Portfolio Manager may purchase or sell for itself or for the portfolios of other persons and entities, if the Portfolio Manager in its sole discretion deems that such investment or transaction appears unsuitable, impractical, improper, ill-advised, or undesirable for the Issuer.

Allocation of Investment Opportunities. The Issuer understands and agrees that the Portfolio Manager performs investment management services for various persons and entities and may take action with respect to any of such persons or entities which may differ from any actions action taken (or from the timing or nature of actions taken) with respect to, or on behalf of, the Issuer. The Portfolio Manager shall not be obligated to purchase or sell for the Issuer securities which the Portfolio Manager may purchase or sell for itself or for the portfolios of other persons and entities, entities if the Portfolio Manager Manager, in its sole discretion discretion, deems that such investment or transaction appears unsuitable, impractical, improper, ill-advised, or undesirable for the Issuer.

Allocation of Investment Opportunities. The Issuer understands and agrees that the Portfolio Manager performs investment management services for various persons and entities and may take action with respect to any of such persons or entities which may differ from any actions taken (or from the timing or of nature of actions taken) with respect to, or on behalf of, the Issuer. The Portfolio Manager shall not be obligated to purchase or sell for the Issuer securities which the Portfolio Manager may purchase or sell for itself or for the portfolios of other persons and entities, entities if the Portfolio Manager Manager, in its sole discretion discretion, deems that such investment or transaction appears unsuitable, impractical, improper, ill-advised, or undesirable for the Issuer.