Certain Derivatives Sample Clauses

Certain Derivatives. No investment shall be made in any instrument whose coupon rate moves in the opposite direction of the index to which such instrument is tied. In addition, in the event that investments are made in instruments whose coupon rate moves when the index to which such rate is tied moves, such investments shall only be in those of such instruments whose movements in the coupon rate are equivalent to movements in the index.
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Certain Derivatives. The Fund will not invest in any instrument whose coupon rate will move in the opposite direction of the index to which such instrument is tied. In addition, in the event that the Fund invests in any instrument whose coupon rate moves when the index to which such rate is tied moves, the Fund shall invest only in those of such instruments whose movements in the coupon rate are equivalent to movements in the index.
Sample 1

Related to Certain Derivatives

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  • THE CONTRACTS (RIGHTS OF THIRD PARTIES ACT 1999

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  • CONTRACT (RIGHTS OF THIRD PARTIES ACT 1999

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  • Contracts (Rights of Third Parties ACT 1999

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