Common use of Non-Exclusive Advisory Services Clause in Contracts

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment advisory services for various clients including investment companies. The Company agrees that the Advisor may give advice and take action with respect to any of its other clients which may differ from the advice given, or the timing or nature of action taken, with respect to the Assets, so long as it is the Advisor's policy, to the extent practical, to allocate investment opportunities to the Company over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates or employees from buying, selling or trading in any securities or other assets for its or their own account or accounts, and the Company acknowledges that the Advisor, its directors, officers, affiliates and employees, and other clients of the Advisor, may at any time acquire, increase, decrease or dispose of positions in investments which are at the same time being acquired, held or disposed of for the Company. The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company any security or other asset which the Advisor, its directors, officers, affiliates or employees may purchase, hold or sell for its or their own accounts or for the accounts of any other clients of the Advisor.

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment advisory services for various clients including investment companiesclients. The Company Client agrees that the Advisor may give advice and take action with respect to any of its other clients which may differ materially from the advice given, or vary in the timing or nature of action taken, with respect to the AssetsAccount[s], so long as it is the Advisor's ’s policy, to the extent practical, to allocate investment opportunities to the Company Account[s] over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates or employees from buying, selling or trading in any securities or other assets for its or their own account or accounts, and the Company Client acknowledges that the Advisor, its directors, officers, affiliates and employees, and other clients of the Advisor, may at any time acquire, increase, decrease or dispose of positions in portions of investments which are at the same time being acquired, held or disposed of for the CompanyAccount[s]. The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company Account[s] any security or other asset which the Advisor, its directors, officers, affiliates or employees may purchase, hold or sell for its or their own accounts or for the accounts of any other clients of the Advisor.

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment provides advisory services for various clients including investment companiesclients. The Company Client agrees that the Advisor may give advice and take action with respect to any of its other clients clients, which may differ from the advice given, or the timing or nature of action taken, with respect to the AssetsAccount[s], so long as it is the Advisor's ’s policy, to the extent practical, to allocate investment opportunities to the Company Account[s] over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates or employees from buying, selling or trading in any securities or other assets for its or their own account or accounts, and the Company Client acknowledges that the Advisor, its directors, officers, affiliates and employees, and other clients of the Advisor, may at any time acquire, increase, decrease or dispose of positions in portions of investments which are at the same time being acquired, held or disposed of for the CompanyAccount[s]. The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company Account[s] any security or other asset which the Advisor, its directors, officers, affiliates or employees may purchase, hold or sell for its or their own accounts or for the accounts of any other clients of the Advisor.

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment provides advisory services for various clients including investment companiesclients. The Company Client agrees that the Advisor may give advice and take action with respect to any of its other clients clients, which may differ from the advice given, or the timing or nature of action taken, with respect to the AssetsAccount(s), so long as it is the Advisor's ’s policy, to the extent practical, to allocate investment opportunities to the Company Account(s) over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates or employees from buying, selling or trading in any securities or other assets for its or their own account or accounts, and the Company Client acknowledges that the Advisor, its directors, officers, affiliates and employees, and other clients of the Advisor, may at any time acquire, increase, decrease or dispose of positions in portions of investments which are at the same time being acquired, held or disposed of for the CompanyAccount(s). The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company Account(s) any security or other asset which the Advisor, its directors, officers, affiliates or employees may purchase, hold or sell for its or their own accounts or for the accounts of any other clients of the Advisor.

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment advisory services for various clients including investment companiesclients. The Company Client agrees that the Advisor may give advice and take action with respect to any of its other clients which may differ from the advice given, or the timing or nature of action taken, with respect to the AssetsAccount[s], so long as it is the Advisor's ’s policy, to the extent practical, to allocate investment opportunities to the Company Account[s] over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates affiliates, or employees from buying, selling selling, or trading in any securities or other assets for its or their own account or accounts, and the Company Client acknowledges that the Advisor, its directors, officers, affiliates affiliates, and employees, and other clients of the Advisor, may at any time acquire, increase, decrease decrease, or dispose of positions in portions of investments which are at the same time being acquired, held or disposed of for the CompanyAccount[s]. The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company Account[s] any security or other asset which the Advisor, its directors, officers, affiliates affiliates, or employees may purchase, hold hold, or sell for its or their own accounts or for the accounts of any other clients of the Advisor.

Non-Exclusive Advisory Services. It is understood that the Advisor performs investment advisory services for various clients including investment companiesclients. The Company Client agrees that the Advisor may give advice and take action with respect to any of its other clients which may differ from the advice given, or the timing or nature of action taken, with respect to the AssetsAccount[s], so long as it is the Advisor's ’s policy, to the extent practical, to allocate investment opportunities to the Company Account[s] over a period of time on a fair and equitable basis relative to other clients. Nothing in this Investment Advisory Agreement shall limit or restrict the Advisor or any of its directors, officers, affiliates or employees from buying, selling or trading in any securities or other assets for its or their own account or accounts, and the Company Client acknowledges that the Advisor, its directors, officers, affiliates and employees, and other clients of the Advisor, may at any time acquire, increase, decrease or dispose of positions in portions of investments which are at the same time being acquired, held or disposed of for the CompanyAccount[s]. The Advisor will not have any obligation to initiate the purchase or sale, or to recommend for purchase or sale, for the Company Account[s] any security or other asset which the Advisor, its directors, officers, affiliates or employees may purchase, hold or sell for its or their own accounts or for the accounts of any other clients of the Advisor.