Common use of Funding of the Account Clause in Contracts

Funding of the Account. The Partnership may allocate or withdraw capital from the Account at any time. The Partnership shall promptly notify the Advisor, by email or facsimile, of any such allocation or withdrawal, such notice not to be less than one business day, of such allocation or withdrawal (or such lesser notice period as the Advisor and the Partnership may agree in writing from time to time). The Partnership, and not the Advisor, shall manage the non-commodity transactions of the Account, such as the purchase of U.S. Treasury bills, U.S. Agencies, commercial paper or other short term fixed income instruments.

Appears in 4 contracts

Samples: Advisory Agreement (Aspect Global Diversified Fund LP), Advisory Agreement (Aspect Global Diversified Fund LP), Advisory Agreement (Aspect Global Diversified Fund LP)

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