Investment Transactions. Securities held by the Portfolios may also be held by other separate accounts or mutual funds for which the Sub-adviser or its affiliates act as an adviser or sub-adviser, or by the Sub-adviser or its affiliates. Because of different investment objectives or other factors, a particular security may be bought by the Sub-adviser or its affiliates or for one or more clients when one or more clients are selling the same security. In accordance with applicable law, if purchases or sales of securities for the Portfolios or other entities for which the Sub-adviser or its affiliates act as investment adviser or sub-adviser or for their advisory clients arise for consideration at or about the same time, the Fund and Adviser agree that the Sub-adviser may make transactions in such securities, insofar as feasible, for the respective entities and clients in a manner deemed equitable to all. To the extent that transactions on behalf of more than one client of the Sub-adviser during the same period may increase the demand for securities being purchased or the supply of securities being sold, the Fund recognizes that there may be an adverse effect on the price thereof.
Investment Transactions. None. (Covers all costs associated with investing in eligible investments at the direction of the client, including ticket charges, custody and tax reporting.)
Investment Transactions. During the term of the Agreement, Polca shall in its own name (i) make any short-term investments in financial instruments and/or term deposits depending on the proceeds from the Pooled Assets and the total Cash Surpluses net of Cash Shortfalls (hereinafter the “Investments”) and (ii) credit or debit the Concentration Account to this end. For the entire duration of the Agreement, Polca irrevocably undertakes not to grant any pledge, encumbrance or other security right on any Investment credited to one or more securities accounts or term deposit accounts, in the case of monetary investments held by Polca with the Bank or other banking institutions. For the present purposes, the total amount of Investments and total amount of Advances provided for by Article 8 shall be considered the Pooled Assets.
Investment Transactions. Total purchases of Underlying Funds for the year ended December 31, 2007, amounted to $11,000,000. Total proceeds from redemptions of Underlying Funds for the year ended December 31, 2007, amounted to $3,565,721. The cost of investments in Underlying Funds for Federal income tax purposes is adjusted for items of taxable income allocated to the Fund from the Underlying Funds. The Fund has not received information from the Underlying Funds as to the amounts of taxable income allocated to the Fund as of December 31, 2007.
Investment Transactions. 8 Section 3.4 The Redemption and Exchange Transactions........................................... 9 Section 3.5 Indebtedness Payment............................................................... 11 Section 3.6 Kilovac Payment.................................................................... 12 Section 3.7 Management Bonus Payment........................................................... 12 Section 3.8
Investment Transactions. 1 Investor.......................................................................1
Investment Transactions. Section 6.7.........................................22 Kettle.......................................................Section 2.3..........................................3
Investment Transactions. Section 6.7 . . . . 19
Investment Transactions. (a) Sale and Purchase of the Initial Shares. For value received, and on the terms and subject to all of the conditions set forth herein, at the Initial Closing, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase, the Initial Shares at the Per Share Price, for a total investment in the Company at the Initial Closing of $1,400,000.
Investment Transactions. The Investment Documents shall have been executed and delivered by the parties thereto and shall be in full force and effect.
