Common use of LEGAL EFFECT; MANNER OF EXECUTION Clause in Contracts

LEGAL EFFECT; MANNER OF EXECUTION. This Agreement shall be binding upon the Investors, the Sponsor and their respective permitted successors and assigns. This Agreement shall inure to the benefit of the foregoing parties as well as to the benefit of the Sponsor Parties. This Agreement may be executed by power-of-attorney embodied in a Subscription Agreement (including the Signature Pages) or similar instrument with the same effect as if the parties executing the Subscription Agreement (including the Signature Pages) or similar instrument had all executed one counterpart of this Agreement; provided, that this Agreement may also be executed in separate counterparts.

Appears in 35 contracts

Samples: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

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LEGAL EFFECT; MANNER OF EXECUTION. This Agreement shall be binding upon the Investors, the Sponsor and their respective permitted successors and assigns. This Agreement shall inure to the benefit of the foregoing parties as well as to the benefit of the Sponsor Parties. This Agreement may be executed by power-of-attorney embodied in a Subscription Agreement (including the Signature Pages) or similar instrument with the same effect as if the parties executing the Subscription Agreement (including the Signature Pages) or similar instrument had all executed one counterpart of this Agreement; provided, that this Agreement may also be executed in separate counterparts.

Appears in 4 contracts

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

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LEGAL EFFECT; MANNER OF EXECUTION. This Agreement shall be binding upon the InvestorsMembers, the Sponsor Manager and their respective permitted successors and assigns. This Agreement shall inure to the benefit of the foregoing parties as well as to the benefit of the Sponsor Manager Parties. This Agreement may be executed by power-of-attorney embodied in a Subscription Agreement (including the Signature Pages) or similar instrument with the same effect as if the parties executing the Subscription Agreement (including the Signature Pages) or similar instrument had all executed one counterpart of this Agreement; provided, that this Agreement may also be executed in separate counterparts.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Man FRM Managed Futures Strategies LLC), Limited Liability Company Operating Agreement (Man FRM Managed Futures Strategies LLC)

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