Common use of Investment Program Clause in Contracts

Investment Program. The Advisor will (i) furnish continuously an investment program of each Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held sold or exchanged by each Fund and what portion, if any, of the assets of each Fund shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fund. The Advisor will also manage, supervise and conduct the other affairs and business of the Trust of each Fund thereof and matters incidental thereto, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration of Trust and By-laws and the 1940 Act.

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each the Fund shall be held uninvested, and (iii) make changes on behalf of the Trust Fund in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and the Trust, the Trust's By-laws Laws and the 1940 Act.

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each for the Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Agreement and Declaration of Trust and Trust, as amended, of the Trust, the Trust's By-laws and the 1940 Act.

Investment Program. The Advisor will will (i) furnish continuously an investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and the Trust, the Trust's By-laws and the 1940 Act.

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each for the Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Agreement and Amended and Restated Declaration of Trust and Trust, as amended, of the Trust, the Trust’s By-laws Laws and the 1940 Act.

Investment Program. The Advisor will (i) furnish continuously an ------------------ investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and By-the Trust, the Trust's By- laws and the 1940 Act.

Investment Program. The Advisor will (i) furnish continuously an investment program of for each Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fund. The Advisor will also manage, supervise and conduct the such other affairs and business of the Trust of and each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration of Trust and By-laws and the 1940 Act.

Investment Program. The Advisor will Adviser shall (i) furnish continuously an investment program of for each Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fund. The Advisor will Adviser shall also manage, supervise and conduct the other affairs and business businesses of the Trust of and each Fund thereof and matters incidental thereto, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration of Master Trust Agreement and By-laws Laws of the Trust, as amended, and the 1940 Act.

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each for the Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Agreement and Declaration of Trust and Trust, as amended, of the Trust, the Trust’s By-laws Laws and the 1940 Act.

Investment Program. The Advisor will will (i) furnish continuously an investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor also will also manage, supervise and conduct the such other affairs and business busines of the Trust of each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and the Trust, the Trust's By-laws and the 1940 Act.

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each for the Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration of Trust and By-laws and the 1940 Act.00000000.0.XXXXXXXX

Investment Program. The Advisor Adviser will (i) furnish continuously an investment program of each for the Fund, (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor Adviser also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Adviser and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Agreement and Declaration of Trust and Trust, as amended, of the Trust, the Trust’s By-laws and the 1940 Act.

Investment Program. The Advisor will (i) furnish continuously an investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and and, what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and the Trust, the Trust's By-laws and the 1940 Act.

Investment Program. The Advisor will (i) furnish continuously an investment program of each Fund, for the Fund (ii) determine (subject to the overall supervision and review of the Board of Trustees of the Trust) what investments shall be purchased, held held, sold or exchanged by each Fund and what portion, if any, of the assets of each Fund the Trust shall be held uninvested, and (iii) make changes on behalf of the Trust in the investments of each Fundinvestments. The Advisor also will also manage, supervise and conduct the such other affairs and business of the Trust of each Fund thereof and matters incidental thereto, as the Advisor and the Trust agree, subject always to the control of the Board of Trustees of the Trust and to the provisions of the Declaration Master Trust Agreement of Trust and the Trust, the Trust's By-laws and the 1940 Act.