Common use of Interested Parties Clause in Contracts

Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s sharing in the Management Fees paid and Performance Fees paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, “bid-ask” spreads, mxxx-ups or other expenses, shall not preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 2 contracts

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

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Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s sharing in the Management Fees paid and Performance Fees Fee paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, “bid-ask” spreads, mxxxxxxx-ups or other expenses, shall not preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 1 contract

Samples: Operating Agreement (ML Systematic Momentum FuturesAccess LLC)

Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s 's sharing in the Management Fees paid and Performance Fees paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, "bid-ask" spreads, mxxx-ups or other expenses, shall not preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 1 contract

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

Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s 's sharing in the Management Fees paid and Performance Fees paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, “bid-ask” spreads, mxxxxxxx-ups or other expenses, shall not preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 1 contract

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

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Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s 's sharing in the Management Fees paid and Performance Fees Fee paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, "bid-ask" spreads, mxxxmark-ups or other expenses, shall not xxx preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 1 contract

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

Interested Parties. The fact that a Sponsor Party or an Investor is directly or indirectly interested in or connected with Systematic Momentum FuturesAccess or a related party with which or with whom Systematic Momentum FuturesAccess has dealings, including but not limited to the Sponsor’s sharing in the Management Fees paid and Performance Fees paid by the underlying FuturesAccess Funds in which the Sponsor invests, the receipt or rebate of other advisory and/or management fees, brokerage commissions, “bid-ask” spreads, mxxxxxxx-ups or other expenses, shall not preclude such dealings or make them void or voidable; and neither Systematic Momentum FuturesAccess nor any of the Investors shall have any rights in or to any such dealings or in or to any profits derived therefrom.

Appears in 1 contract

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

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