Common use of Business of the Fund Clause in Contracts

Business of the Fund. The business of the Fund is, without limitation, to purchase, sell, invest, and trade in Securities and to engage in any financial or derivative transactions relating thereto or otherwise and to engage in such other activities and to exercise such rights and powers as permitted by limited liability companies under the Delaware Act. On behalf of the Fund, the officers of the Fund may execute, deliver, and perform all contracts, agreements, and other undertakings and engage in all activities and transactions as may in the opinion of the Board be necessary or advisable to carry out the Fund’s business and any amendments to any such contracts, agreements, and other undertakings, all without any further act, vote, or approval of any other person, notwithstanding any other provision of this Agreement.

Business of the Fund. (a) The business of the Fund is, without limitation, is to invest substantially all of its assets in the Master Fund. The Fund also may purchase, sellsell (including short sales), invest, invest and trade in Securities Securities, invest its assets in Investment Funds and to engage in any financial or derivative transactions relating thereto or otherwise and to engage in such other activities and to exercise such rights and powers as permitted by limited liability companies under the Delaware Act. On behalf of the Fund, the officers of the Fund The Adviser may execute, deliver, deliver and perform all contracts, agreements, agreements and other undertakings and engage in all activities and transactions as may in the opinion of the Board Adviser be necessary or advisable to carry out the Fund’s business and any amendments to any such contracts, agreements, agreements and other undertakings, all without any further act, vote, vote or approval of any other person, notwithstanding any other provision of this Agreement.