Common use of AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS Clause in Contracts

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fund: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser Manager or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fundeach Fund specified on Schedule A hereto: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser Manager or the Trust, the each Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fundeach Fund specified on Appendix A hereto: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the a Sub-Adviser to act in its capacity as attorney-in-fact for a the Fund. Any person dealing with the a Sub-Adviser in its capacity as attorney-in-fact hereunder for a the Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser Manager or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing executing, on behalf of any Fundeach Fund specified on Schedule A hereto, the following: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer buyer, or qualified purchaser purchaser, and certifications regarding other factual matters as may be requested by brokers, dealers dealers, or counter parties counterparties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the Sub-Adviser Sub‑Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser Sub‑Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fund: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Sub- Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Investment Adviser or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fund: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer buyer, qualified purchaser, qualified eligible person or qualified purchaser eligible contract participant and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will 24 shall be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a the Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a the Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser Manager or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fundeach Fund specified on Appendix A hereto: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Investment Adviser or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fund: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will 24 shall be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a the Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a the Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Adviser Manager or the Trust, the Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing executing, on behalf of any Fundeach Fund specified on Schedule A hereto, the following: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer buyer, or qualified purchaser purchaser, and certifications regarding other factual matters as may be requested by brokers, dealers dealers, or counter parties counterparties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the Sub-Adviser to act in its capacity as attorney-in-fact for a Fund. Any person dealing with the Sub-Adviser in its capacity as attorney-in-fact hereunder for a Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.

AUTHORITY TO EXECUTE TRANSACTION DOCUMENTS. Subject to any other written instructions of the Investment Adviser or the Trust, the each Sub-Adviser is hereby appointed agent and attorney-in-fact for the limited purposes of executing on behalf of any Fundeach Fund specified on Appendix A hereto: account documentation, trading agreements, transaction term sheets and confirmations, certifications regarding a the Fund’s status as an accredited investor, qualified institutional buyer or qualified purchaser and certifications regarding other factual matters as may be requested by brokers, dealers or counter parties in connection with its management of the Fund’s assets. However, nothing in this Section 12 will section shall be construed as imposing a duty on the a Sub-Adviser to act in its capacity as attorney-in-fact for a the Fund. Any person dealing with the a Sub-Adviser in its capacity as attorney-in-fact hereunder for a the Fund is hereby expressly put on notice that the Sub-Adviser is acting solely in the capacity as an agent of the Fund and that any such person must look solely to the Fund for enforcement of any claim against Fund, as the Sub-Adviser assumes no personal liability to such person whatsoever for obligations of the Fund entered into by the Sub-Adviser in its capacity as attorney-in-fact for the Fund.