Common use of Brokerage Accounts Clause in Contracts

Brokerage Accounts. The Sub-Adviser is authorized, on behalf of the Subsidiary, to open brokerage accounts for securities and other instruments and to negotiate and execute, on its own behalf or on behalf of the Subsidiary, account documentation, agreements, contracts and other documents requested by brokers, dealers, counterparties and other persons in connection with Sub-Adviser’s duties under this Agreement. In such respect, the Sub-Adviser shall act as the Adviser’s and the Subsidiary’s agents and attorneys in fact. The Sub-Adviser is authorized, on behalf of the Subsidiary, to negotiate and enter into futures account applications, futures agreements, listed options agreements with margin accounts, ISDA master agreements and related documents, and any other brokerage or derivatives documentation to open accounts and take other necessary or appropriate actions related thereto, in accordance with Trust procedures. Further, the Sub-Adviser may, acting as agent on the Subsidiary’s behalf, instruct the Subsidiary’s custodian to provide collateral and margin in respect of derivatives entered into for the Managed Portion, including but not limited to initial and variation margin (whether or not the counterparty agrees to provide collateral or margin to or for the benefit of the Subsidiary) and may instruct the Subsidiary’s custodian to deliver margin to and deposit collateral and margin with the counterparty (or a person acting on the counterparty’s behalf). All derivatives entered into for the Managed Portion will be entered into by the Sub-Adviser in the Subsidiary’s name or in the Sub-Adviser’s name on behalf of the Subsidiary, and the Sub-Adviser is authorized to reveal the name of the Subsidiary as it may in its discretion consider necessary or appropriate in connection with transactions in derivatives for the Subsidiary.

Brokerage Accounts. The Sub-Adviser is authorized, on behalf of the SubsidiaryFund, to open brokerage accounts for securities and other instruments and to negotiate and execute, on its own behalf or on behalf of the SubsidiaryFund, account documentation, agreements, contracts and other documents requested by brokers, dealers, counterparties and other persons in connection with Sub-Adviser’s duties under this Agreement. In such respect, the Sub-Adviser shall act as the Adviser’s and the SubsidiaryFund’s agents and attorneys in fact. The Sub-Adviser is authorized, on behalf of the SubsidiaryFund, to negotiate and enter into futures account applications, futures agreements, listed options agreements with margin accounts, ISDA master agreements and related documents, and any other brokerage or derivatives documentation to open accounts and take other necessary or appropriate actions related thereto, in accordance with Trust procedures. Further, the Sub-Adviser may, acting as agent on the SubsidiaryFund’s behalf, instruct the SubsidiaryFund’s custodian to provide collateral and margin in respect of derivatives entered into for the Managed Portion, including but not limited to initial and variation margin (whether or not the counterparty agrees to provide collateral or margin to or for the benefit of the SubsidiaryFund) and may instruct the SubsidiaryFund’s custodian to deliver margin to and deposit collateral and margin with the counterparty (or a person acting on the counterparty’s behalf). All derivatives entered into for the Managed Portion will be entered into by the Sub-Adviser in the SubsidiaryFund’s name or in the Sub-Adviser’s name on behalf of the SubsidiaryFund, and the Sub-Adviser is authorized to reveal the name of the Subsidiary Fund as it may in its discretion consider necessary or appropriate in connection with transactions in derivatives for the SubsidiaryFund.

Brokerage Accounts. The Sub-Adviser is authorized, on behalf of the SubsidiaryFund, to open brokerage accounts for securities and other instruments and to negotiate and execute, on its own behalf or on behalf of the SubsidiaryFund, account documentation, agreements, contracts and other documents requested by brokers, dealers, counterparties and other persons in connection with Sub-Adviser’s 's duties under this Agreement. In such respect, the Sub-Adviser shall act as the Adviser’s 's and the Subsidiary’s Fund's agents and attorneys in fact. The Sub-Adviser is authorized, on behalf of the SubsidiaryFund, to negotiate and enter into futures account applications, futures agreements, listed options agreements with margin accounts, ISDA master agreements and related documents, and any other brokerage or derivatives documentation to open accounts and take other necessary or appropriate actions related thereto, in accordance with Trust procedures. Further, the Sub-Adviser may, acting as agent on the Subsidiary’s Fund's behalf, instruct the Subsidiary’s Fund's custodian to provide collateral and margin in respect of derivatives entered into for the Managed Portion, including but not limited to initial and variation margin (whether or not the counterparty agrees to provide collateral or margin to or for the benefit of the SubsidiaryFund) and may instruct the Subsidiary’s Fund's custodian to deliver margin to and deposit collateral and margin with the counterparty (or a person acting on the counterparty’s 's behalf). All derivatives entered into for the Managed Portion will be entered into by the Sub-Adviser in the Subsidiary’s Fund's name or in the Sub-Adviser’s 's name on behalf of the SubsidiaryFund, and the Sub-Sub- Adviser is authorized to reveal the name of the Subsidiary Fund as it may in its discretion consider necessary or appropriate in connection with transactions in derivatives for the SubsidiaryFund.