Errors; Account Statements. The Advisor shall promptly notify: (a) the Partnership of any error committed by the Advisor in transmitting Account orders, and (b) the Partnership and the FCM of any Account transaction that the Advisor believes was erroneously executed by the FCM. The General Partner shall instruct the FCM promptly to furnish the Advisor with copies of all Account confirmations, purchase and sale statements, and monthly account statements.
Appears in 3 contracts
Samples: Advisory Agreement (Sage Fund Lp), Advisory Agreement (Sage Fund Lp), Advisory Agreement (Futures Portfolio Fund Lp)
Errors; Account Statements. The As soon as is reasonably practicable, the Advisor shall promptly notify: (a) the Partnership upon becoming aware of any material adverse error committed by the Advisor in transmitting Account orders, and (b) the Partnership and the FCM of any Account transaction that the Advisor believes was erroneously executed by the FCM. The General Partner shall instruct the FCM promptly to furnish the Advisor with copies of all Account confirmations, purchase and sale statements, and monthly account statements.
Appears in 1 contract
Samples: Investment Advisory Agreement (Seneca Global Fund, L.P.)
