Asset Segregation. Sub-Advisor will review each Fund’s Sub-Advisor Assets for which Sub-Advisor has information and determine, through use of its policies, procedures and interpretations of applicable rules and standards, the amounts Sub-Advisor believes should be segregated against the instruments Sub-Advisor is aware of the Fund holding that Sub-Advisor believes cause a requirement for segregation. Sub-Advisor will then determine that Fund holdings Sub-Advisor believes to be liquid securities (based on Sub-Advisor’s internal practices and interpretations) exist in sufficient quantity to at least equal the amounts required for segregation. Sub-Advisor is not required to communicate such determinations to the Funds’ custodian or administrator or to Advisor, though Sub-Advisor may make quarterly reports to Advisor that Sub-Advisor has performed the actions described in this paragraph.
Asset Segregation. The Sub-Adviser’s actions with respect to the Fund’s asset segregation are limited to the following: (i) reviewing the portfolio holdings of the Fund for which the Sub-Adviser has information and responsibility and determining, through use of the Sub-Adviser’s and its affiliates’ policies, procedures and interpretations of applicable rules and standards, and agreements, the amounts the Sub-Adviser believes should be segregated against the instruments the Sub-Adviser is aware of the Fund holding that the Sub-Adviser believes cause a requirement for segregation; and (ii) determining that Fund holdings the Sub-Adviser believes to be liquid securities (based on the Sub-Adviser’s and its affiliates’ internal practices, interpretations and agreements) exist in sufficient quantity to at least equal the amounts required for segregation.
Asset Segregation. No Relevant Obligor shall (and the Company shall ensure that no member of the Group will) commingle any assets of such Relevant Obligor or other member of the Group comprised in any Excluded Project with any assets comprised in any Project or the Mocha Slot Business.
Asset Segregation. (a) The Company shall not permit and Cubic Louisiana Holding, LLC and Cubic Louisiana, LLC shall not (i) form or acquire any Subsidiaries, or (ii) acquire assets (other than cash received in respect of production from the Legacy Assets).
Asset Segregation
