Derivative use, techniques and instruments Sample Clauses

Derivative use, techniques and instruments. The overall risk associated with derivatives cannot exceed the overall net value of the Fund's assets. As part of the investment strategy within the limits stipulated in Art. 53 UCITSG, the management company may make investments in derivatives, as long as the overall risk of the underlying instruments does not exceed the investment limits of Art. 54 of the UCITSG. When calculating this risk, the market value of the underlying instruments, the default risk, future market fluctuations and the liquidation risk of the positions must be taken into consideration. Provided the protection of investors and public interest are not opposed, investments of the UCITS in index-based derivatives are excluded from the upper limit stated in Article 54 of the UCITSG. With the approval of the FMA, the UCITS can use techniques and instruments that involve securities and financial market instruments for the efficient management of the portfolio in compliance with the conditions of UCITSG.
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Derivative use, techniques and instruments. The overall risk associated with derivatives cannot exceed the overall net value of the Fund's assets. As part of the investment strategy, the man- agement company can invest in derivatives within the restrictions stipu- lated in Article 53 UCITSG. In calculating the risk, the market value of the underlying assets, the default risk, future market fluctuation and the period required to liquidate the positions are considered. As part of their invest- ment policy and within the restrictions of Article 53 UCITSG, the Fund can invest in derivatives, provided the overall risk of the underlying assets does not exceed the investment limit of Article 54
Sample 1

Related to Derivative use, techniques and instruments

  • Intellectual Property Rights in Construction Documents, Drawings, and Models The drawings, Specifications and other documents prepared by the Design Professional pursuant to this Contract (including, without limitation, the Construction Documents), are the property of the Owner, whether or not the Project for which they are made commences or completes construction. Neither the Contractor nor any Subcontractor or material or equipment supplier shall own or claim a copyright in such drawings, Specifications, and other similar or related documents; Owner shall retain all common law, statutory, and other intellectual property rights with respect thereto. The Contractor must deliver remaining copies of such documents to the Owner upon request or upon completion of the Work, except that the Contractor may keep one copy of such documents for its files. The Contractor shall only use such drawings, Specifications and other documents for this Project. Neither the Contractor nor any Subcontractor or material or equipment supplier may use such drawings, Specifications, and other documents on other projects without the specific written consent of the Owner. All models are the property of the Owner.

  • Solicitations for Subcontracts, Including Procurement of Materials and Equipment In all solicitation, either by competitive bidding or negotiation, made by the Contractor for work to be performed under a subcontract, including procurement of materials or leases of equipment, each potential Subcontractor or supplier shall be notified by the Contractor of the Contractor’s obligations under this Agreement and the Regulations relative to non-discrimination on the grounds of race, color, or national origin.

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