Common use of Exchanges Clause in Contracts

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors’ exercise of their exchange privileges relating to this FuturesAccess Fund.

Appears in 22 contracts

Samples: Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC)

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Exchanges. Investors may generally exchange Units for units Units in other FuturesAccess Funds as described in the Disclosure DocumentFuturesAccess Program Subscription and Exchange Agreement and Signature Pages thereto, as supplemented and amended from time to time. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors’ exercise of their exchange privileges Exchange Privileges relating to this FuturesAccess Fund.

Appears in 10 contracts

Samples: Operating Agreement (Highbridge Commodities FuturesAccess LLC), Limited Liability Company Operating Agreement (Man AHL FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges relating to this FuturesAccess Fund.

Appears in 7 contracts

Samples: Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units Units in other FuturesAccess Funds as described in the Disclosure DocumentFuturesAccess Program Subscription and Exchange Agreement and Signature Pages thereto, as supplemented and amended from time to time. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges Exchange Privileges relating to this FuturesAccess Fund.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Cornerstone FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Aspect FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges relating to this FuturesAccess Fund.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors’ exercise of their exchange privileges relating to this FuturesAccess Fund.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Ortus Currency FuturesAccess LLC), Limited Liability Company Operating Agreement (ML BlueTrend FuturesAccess LLC), Limited Liability Company Operating Agreement (Man AHL FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units Units in other FuturesAccess Funds as described in the Disclosure DocumentFuturesAccess Program Subscription and Exchange Agreement and Signature Pages thereto, as supplemented and amended from time to time. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges Exchange Privileges relating to this FuturesAccess Fund.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (ML Chesapeake FuturesAccess LLC), Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC)

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Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure DocumentFuturesAccess Program Subscription and Exchange Agreement and Signature Pages thereto, as supplemented and amended from time to time. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this Systematic Momentum FuturesAccess Fund shall have a corresponding effect on Investors’ exercise of their exchange privileges Exchange Privileges relating to this FuturesAccess FundSystematic Momentum FuturesAccess.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (ML Systematic Momentum FuturesAccess LLC), Operating Agreement (ML Systematic Momentum FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this Systematic Momentum FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges relating to this FuturesAccess FundSystematic Momentum FuturesAccess.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Systematic Momentum FuturesAccess LLC), Limited Liability Company Operating Agreement (Systematic Momentum FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure Document. Any circumstance leading to a delay or suspension of either Redemption Dates or the receipt of the proceeds of redemptions from this Systematic Momentum FuturesAccess Fund shall have a corresponding effect on Investors’ exercise of their exchange privileges relating to this FuturesAccess FundSystematic Momentum FuturesAccess.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Systematic Momentum FuturesAccess LLC), Limited Liability Company Operating Agreement (Systematic Momentum FuturesAccess LLC)

Exchanges. Investors may generally exchange Units for units in other FuturesAccess Funds as described in the Disclosure DocumentFuturesAccess Program Subscription and Exchange Agreement and Signature Pages thereto, as supplemented and amended from time to time. Any circumstance leading to a delay or suspension of either Redemption Dates redemption dates or the receipt of the proceeds of redemptions from this Systematic Momentum FuturesAccess Fund shall have a corresponding effect on Investors' exercise of their exchange privileges Exchange Privileges relating to this FuturesAccess FundSystematic Momentum FuturesAccess.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML Systematic Momentum FuturesAccess LLC)

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