Common use of Allocation of Trades Clause in Contracts

Allocation of Trades. It is acknowledged that securities held by AFFILIATE may also be held by separate investment accounts or other funds for which Allstate may act as a manager or by Allstate or its other affiliates. If purchases or sales of securities for AFFILIATE or other entities for which Allstate or its affiliates act as investment manager arise for consideration at or about the same time, AFFILIATE agrees that Allstate may make transactions in such securities, insofar as feasible, for the respective entities in a manner deemed equitable to all. To the extent that transactions on behalf of more than one client of Allstate during the same period may increase the demand for securities being purchased or the supply of securities being sold, AFFILIATE recognizes that there may be an adverse effect on price. It is agreed that, on occasions when Allstate deems the purchase or sale of a security to be in the best interests of AFFILIATE as well as other accounts or companies, it may, to the extent permitted by applicable laws and regulations, but will not be obligated to, aggregate the securities to be so sold or purchased for AFFILIATE with those to be sold or purchased for other accounts or companies in order to obtain favorable execution and lower brokerage commissions. In that event, allocation of the securities purchased or sold, as well as the expenses incurred in the transaction, will be made by Allstate in the manner it considers to be most equitable and consistent with its obligations to AFFILIATE and to such other accounts or companies. AFFILIATE recognizes that in some cases this procedure may adversely affect the size of the position obtainable for AFFILIATE.

Allocation of Trades. It is acknowledged that securities held by AFFILIATE an Allstate Affiliate may also be held by separate investment accounts or other funds for which Allstate AIMCO may act as a manager or by Allstate or its other affiliatesmanager. If purchases or sales of securities for AFFILIATE an Allstate Affiliate or other entities for which Allstate or its affiliates act AIMCO acts as investment manager arise for consideration at or about the same time, AFFILIATE each such Allstate Affiliate agrees that Allstate AIMCO may make transactions in such securities, insofar as feasible, for the respective entities in a manner deemed equitable to all. To the extent that transactions on behalf of more than one client of Allstate AIMCO during the same period may increase the demand for securities being purchased or the supply of securities being sold, AFFILIATE each Allstate Affiliate recognizes that there may be an adverse effect on price. It is agreed that, on occasions when Allstate AIMCO deems the purchase or sale of a security to be in the best interests of AFFILIATE an Allstate Affiliate as well as other accounts or companies, it may, to the extent permitted by applicable laws and regulations, but will not be obligated to, aggregate the securities to be so sold or purchased for AFFILIATE such Allstate Affiliate with those to be sold or purchased for other accounts or companies in order to obtain favorable execution and lower brokerage commissions. In that event, allocation of the securities purchased or sold, as well as the expenses incurred in the transaction, will be made by Allstate AIMCO in the manner it considers to be most equitable and consistent with its obligations to AFFILIATE such Allstate Affiliate and to such other accounts or companies. AFFILIATE Each Allstate Affiliate recognizes that in some cases this procedure may adversely affect the size of the position obtainable for AFFILIATEsuch Allstate Affiliate.