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 FuturesAccess Program Subscription and Exchange Agreement (including the FuturesAccess Program Subscription and Exchange Agreement Signature Page) or similar instrument with the same effect as if the parties executing the FuturesAccess Program Subscription and Exchange Agreement (including the FuturesAccess Program Subscription and Exchange Agreement Signature Page) or similar instrument had all executed one counterpart of this Agreement; provided, that this Agreement may also be executed in separate counterparts.
Appears in 16 contracts
Samples: Limited Liability Company Operating Agreement (Highbridge Commodities FuturesAccess LLC), Limited Liability Company Operating Agreement (Man AHL FuturesAccess LLC), Limited Liability Company Operating Agreement (ML BlueTrend FuturesAccess LLC)
LEGAL EFFECT; MANNER OF EXECUTION. This Agreement shall be binding upon the Investors, 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 FuturesAccess Program Subscription and Exchange Agreement (including the FuturesAccess Program Subscription and Exchange Agreement Signature Page) or similar instrument with the same effect as if the parties executing the FuturesAccess Program Subscription and Exchange Agreement (including the FuturesAccess Program Subscription and Exchange Agreement Signature Page) or similar instrument had all executed one counterpart of this Agreement; provided, that this Agreement may also be executed in separate counterparts.
Appears in 5 contracts
Samples: Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Appleton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Cornerstone FuturesAccess LLC)
