Common use of Investment Objectives and Investment Restrictions Clause in Contracts

Investment Objectives and Investment Restrictions. 5.1 Whilst acting as Fund Manager, we shall have regard to, and shall comply with, the Investment Objectives and the Investment Restrictions set out in Section 2 of these Terms and Conditions. 5.2 Whilst acting as Fund Manager, we shall (at all times) have regard to: 5.2.1 maximising returns (or potential returns) on Investments (and, in making such decisions, considering (a) the risk that the value of Investments may fluctuate over time; and (b) the liquidity risk associated with such Investments); 5.2.2 subject to paragraph 5.2.1 above, the intention for Subscriptions to the Fund to attract EIS Income Tax Relief and/or CGT Deferral Relief to the extent possible; and 5.2.3 all Applicable Laws. 5.3 Generally, we reserve the right to return any uninvested cash from your Subscription if we conclude that it cannot be properly invested on your behalf and if we consider it to be in your best interests having regard to the availability of EIS Income Tax Relief and CGT Deferral Relief. 5.4 In the event of a gradual realisation of Investments prior to termination of the Fund in accordance with the provisions of paragraph 15.1, the cash proceeds of realised Investments will be returned to you after deduction of any fees payable, subject to any reasonable requirements we or our Custodian may have at the time such proceeds become available.

Investment Objectives and Investment Restrictions. 5.1 5.1. Whilst acting as Fund Manager, we shall have regard to, and shall comply with, the Investment Objectives and the Investment Restrictions set out in Section 2 of these Terms and Conditions. 5.2 5.2. Whilst acting as Fund Manager, we shall (at all times) have regard to: 5.2.1 5.2.1. maximising returns (or potential returns) on Investments (and, in making such decisions, considering (a) the risk that the value of Investments may fluctuate over time; and (b) the liquidity risk associated with such Investments); 5.2.2 5.2.2. subject to paragraph 5.2.1 above, the intention for Subscriptions to the Fund to attract EIS Income Tax Relief and/or CGT Deferral Relief to the extent possible; and 5.2.3 5.2.3. all Applicable Laws. 5.3 5.3. Generally, we reserve the right to return any uninvested cash from your Subscription if we conclude that it cannot be properly invested on your behalf and if we consider it to be in your best interests having regard to the availability of EIS Income Tax Relief and CGT Deferral Relief. 5.4 5.4. In the event of a gradual realisation of Investments prior to termination of the Fund in accordance with the provisions of paragraph 15.1, the cash proceeds of realised Investments will be returned to you after deduction of any fees payable, subject to any reasonable requirements we or our Custodian may have at the time such proceeds become available.

Investment Objectives and Investment Restrictions. 5.1 Whilst acting as Fund Manager, we shall have regard to, and shall comply with, the Investment Objectives and the Investment Restrictions set out in Section 2 of these Terms and Conditions. 5.2 Whilst acting as Fund Manager, we shall (at all times) have regard to: 5.2.1 maximising returns (or potential returns) on Investments (and, in making such decisions, considering (a) the risk that the value of Investments may fluctuate over time; and (b) the liquidity risk associated with such Investments);; Terms & Conditions 5.2.2 subject to paragraph 5.2.1 above, the intention for Subscriptions to the Fund to attract EIS Income Tax Relief and/or CGT Deferral Relief to the extent possible; and 5.2.3 all Applicable Laws. 5.3 Generally, we reserve the right to return any uninvested cash from your Subscription if we conclude that it cannot be properly invested on your behalf and if we consider it to be in your best interests having regard to the availability of EIS Income Tax Relief and CGT Deferral Relief. 5.4 In the event of a gradual realisation of Investments prior to termination of the Fund in accordance with the provisions of paragraph 15.1, the cash proceeds of realised Investments will be returned to you after deduction of any fees payable, subject to any reasonable requirements we or our Custodian may have at the time such proceeds become available.