Common use of Modification of Trading Approach Clause in Contracts

Modification of Trading Approach. In the event the Advisor requests to use, or the Trading Vehicle requests the Advisor to use, a trading program, system, method or strategy other than or in addition to the trading programs, systems, methods or strategies comprising the Trading Approach in connection with trading for the Trading Vehicle (including, without limitation, the deletion or addition of an agreed upon trading program, system, method or strategy to the then agreed upon Trading Approach or a modification in the leverage employed), either in whole or in part, the Advisor may not do so and/or shall not be required to do so, as appropriate, unless both the Trading Vehicle and the Advisor consent thereto in writing.

Appears in 3 contracts

Samples: Advisory Agreement (Futures Strategic Trust), Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust III)

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Modification of Trading Approach. In the event the Advisor requests to use, or the Trading Vehicle requests the Advisor to use, a trading program, system, method or strategy other than or in addition to the trading programs, systems, methods or strategies comprising the Trading Approach in connection with trading for the Trading Vehicle (including, without limitation, the deletion or addition of an agreed upon trading program, system, method or strategy to the then agreed upon Trading Approach or a modification in the leverage employedApproach), either in whole or in part, the Advisor may not do so and/or shall not be required to do so, as appropriate, unless both the Trading Vehicle and the Advisor consent thereto in writing.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

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