Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s position may be closed or liquidated in the same way as a futures position.
Appears in 19 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Morgan Stanley Institutional Fund Trust), Sub Advisory Agreement (Morgan Stanley Institutional Fund Trust)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio Fund (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s position may be closed or liquidated in the same way as a futures position.
Appears in 9 contracts
Samples: Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Morgan Stanley International Value Equity Fund)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio Fund (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s position may be closed or liquidated in the same way as a futures position.
Appears in 9 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio the Fund (or the Investment Adviser Manager if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment AdviserManager’s premium. If the Investment Adviser Manager fails to do so as required, the Investment AdviserManager’s position may be closed or liquidated in the same way as a futures position.
Appears in 6 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Global Infrastructure Fund), Sub Advisory Agreement (Morgan Stanley Select Dimensions Investment Series), Sub Advisory Agreement (Morgan Stanley Health Sciences Trust)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio the Fund (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s 's premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s 's position may be closed or liquidated in the same way as a futures position.
Appears in 5 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Emerging Markets Fund Inc), Sub Advisory Agreement (Morgan Stanley Asia-Pacific Fund, Inc.), Sub Advisory Agreement (Latin American Discovery Fund, Inc.)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio the Fund (or the Investment Adviser Manager if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s Manager's premium. If the Investment Adviser Manager fails to do so as required, the Investment Adviser’s Manager's position may be closed or liquidated in the same way as a futures position.
Appears in 3 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Global Infrastructure Fund), Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio the Fund (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s position may be closed or liquidated in the same way as a futures position.
Appears in 3 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s 's premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s 's position may be closed or liquidated in the same way as a futures position.
Appears in 3 contracts
Samples: Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Universal Institutional Funds Inc)
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio (or the Investment Adviser if there are insufficient assets in the FundTrust) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s position may be closed or liquidated in the same way as a futures position.
Appears in 1 contract
Margin. Certain options markets operate on a margined basis, under which buyers do not pay the full premium on their option at the time they purchase it. In this situation a Portfolio Fund (or the Investment Adviser if there are insufficient assets in the Fund) may subsequently be called upon to pay margin on the option up to the level of the Investment Adviser’s 's premium. If the Investment Adviser fails to do so as required, the Investment Adviser’s 's position may be closed or liquidated in the same way as a futures position.
Appears in 1 contract
Samples: Sub Advisory Agreement (Morgan Stanley Variable Investment Series)
