Common use of Optional Purchase of Series C Limited Interests Clause in Contracts

Optional Purchase of Series C Limited Interests. Subject to approval by the Managing Owner, any commodity broker, any Trading Advisor, and any principals, stockholders, directors, officers, employees and affiliates of the Managing Owner and/or its Affiliates, any commodity broker, and any Trading Advisor, may purchase any number of Series C Limited Interests and will be treated as Series C Limited Owners with respect to such Interests. In addition to the Series C Interests required to be purchased by the Managing Owner and/or its Affiliates under Section 3.2(c)(v), the Managing Owner and/or its Affiliates also may purchase any number of Series C Limited Interests as it or they determine in its or their discretion.