Common use of Compensation to the Managing Owner Clause in Contracts

Compensation to the Managing Owner. Except as provided in Section 4.7(b)(I) and 7.3 (with respect to the payment of redemption fees), the Managing Owner shall not, in its capacity as Managing Owner, receive any salary, fees, profits or distributions. The Managing Owner shall, in its capacity as an Interestholder, be entitled to receive allocations and distributions pursuant to the provisions of this Trust Agreement.

Compensation to the Managing Owner. Except as provided in Section 4.7(b)(ISections 4.7(b)(ix) and 7.3 7.3. (with respect to the payment of redemption fees), the Managing Owner shall not, in its capacity as Managing Owner, receive any salary, fees, profits or distributions. The Managing Owner shall, in its capacity as an Interestholder, be entitled to receive allocations and distributions pursuant to the provisions of this Trust Agreement.

Compensation to the Managing Owner. Except as provided in Section 4.7(b)(I) and 7.3 (with respect to the payment of redemption fees), the Managing Owner shall not, in its capacity as Managing Owner, receive any salary, fees, profits or distributions. The Managing Owner shall, in its capacity as an Interestholder, be entitled to receive allocations and distributions pursuant to the provisions of this Trust Agreement.

Compensation to the Managing Owner. Except as provided in Section 4.7(b)(ISections 4.7(b)(viii) and 7.3 7.1(c) (with respect to the payment of redemption fees), the Managing Owner shall not, in its capacity as Managing Owner, receive any salary, fees, profits or distributions. The Managing Owner shall, in its capacity as an Interestholder, be entitled to receive allocations and distributions pursuant to the provisions of this Trust Agreement.