Common use of Potential Conflicts of Interest and Disclosure Clause in Contracts

Potential Conflicts of Interest and Disclosure. 13.1 The Fund Manager shall maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to damage to the interests of the Investor. 13.2 In accordance with the FCA Rules, the Fund Manager has a written conflicts of interest policy which sets out the types of actual or potential conflicts of interest affecting the Fund Manager’s business and provides details of how these conflicts are managed. 13.3 If a conflict of interest arises and, in the Fund Manager’s reasonable opinion, the Fund Manager’s conflicts of interest policy is not sufficient to ensure with reasonable confidence that risks of damage to the interests of the Investor will be prevented in relation to that conflict, the Fund Manager shall provide specific details of such conflicts of interest to the Investor in a separate document. 13.4 The Fund Manager, and any Associate of the Fund Manager, may, without prior reference to the Investor, recommend and/or effect transactions in which it or an Associate has, directly or indirectly, a material interest or a relationship of any description with another party, which may involve a potential conflict with its duty to the Investor.The Fund Manager will ensure that the terms upon which such transactions are effected are not materially less favourable to the Investor than if the conflict or potential conflict had not existed. 13.5 Neither the Fund Manager, nor any Associate of the Fund Manager, shall be liable to account to the Investor for any profit, commission or remuneration made or received from or by reason of such transactions or any connected transaction. 13.6 The Fund Manager will normally act as the agent of the Investor, who will, therefore, be bound by its actions under the Agreement. 13.7 To the extent that any fiduciary or equitable duties arise as a result of the Services to be provided hereunder such duties shall not prevent or hinder the Fund Manager, or any Associate, in effecting transactions with or for the Investor.

Potential Conflicts of Interest and Disclosure. 13.1 The Fund Manager shall maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to damage to the interests of the Investor. 13.2 In accordance with the FCA Rules, the Fund Manager has a written conflicts of interest policy which sets out the types of actual or potential conflicts of interest affecting the Fund Manager’s business and provides details of how these conflicts are managed. 13.3 If a conflict of interest arises and, in the Fund Manager’s reasonable opinion, the Fund Manager’s conflicts of interest policy is not sufficient to ensure with reasonable confidence that risks of damage to the interests of the Investor will be prevented in relation to that conflict, the Fund Manager shall provide specific details of such conflicts of interest to the Investor in a separate document. 13.4 The Fund Manager, and any Associate of the Fund Manager, may, without prior reference to the Investor, recommend and/or effect transactions in which it or an Associate has, directly or indirectly, a material interest or a relationship of any description with another party, which may involve a potential conflict with its duty to the Investor.The Fund Manager will ensure that the terms upon which such transactions are effected are not materially less favourable to the Investor than if the conflict or potential conflict had not existed. 13.5 Neither the Fund Manager, nor any Associate of the Fund Manager, shall be liable to account to the Investor for any profit, commission or remuneration made or received from or by reason of such transactions or any connected transaction. 13.6 The Fund Manager will normally act as the agent of the Investor, who will, therefore, be bound by its actions under the Agreement. 13.7 To the extent that any fiduciary or equitable duties arise as a result of the Services to be provided hereunder such duties shall not prevent or hinder the Fund Manager, or any Associate, in effecting transactions with or for the Investor.

Potential Conflicts of Interest and Disclosure. 13.1 14.1. The Fund Manager shall maintain and operate effective organisational organizational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to damage to the interests of the Investor. 13.2 14.2. In accordance with the FCA Rules, the Fund Manager has a written conflicts of interest policy which sets out the types of actual or potential conflicts of interest affecting the Fund Manager’s business and provides details of how these conflicts are managed. 13.3 14.3. If a conflict of interest arises and, in the Fund Manager’s reasonable opinion, the Fund Manager’s conflicts of interest policy is not sufficient to ensure with reasonable confidence that risks of damage to the interests of the Investor will be prevented in relation to that conflict, the Fund Manager shall provide specific details of such conflicts of interest to the Investor in a separate document. 13.4 14.4. The Fund Manager, and any Associate of the Fund Manager, Manager may, without prior reference to the Investor, recommend and/or and/ or effect transactions Investments in which it or an Associate has, directly or indirectly, a material interest or a relationship of any description with another party, which may involve a potential conflict with its duty to the Investor.. The Fund Manager will ensure that the terms upon which such transactions are effected are not materially less favourable to the Investor than if the conflict or potential conflict had not existed. 13.5 Neither the 14.5. The Fund Manager, nor any Associate of the Fund Manager, Manager shall not be liable to account to the Investor for any profit, commission or remuneration made or received from or by reason of such transactions any Investment or any transaction connected transactionto such Investment. 13.6 14.6. The Fund Manager will normally act as the agent of the Investor, who will, therefore, be bound by its actions under the Agreement. 13.7 14.7. To the extent that any fiduciary or equitable duties arise as a result of the Services services to be provided hereunder such duties shall not prevent or hinder the Fund Manager, or any Associate, Manager in effecting transactions Investments with or for the Investor.