Common use of Purpose of the Fund Clause in Contracts

Purpose of the Fund. The purpose of the Fund shall be as follows: (i) to issue units ("Units") evidencing ownership interest in the Fund; (ii) to receive, hold, invest, reinvest and disburse the monies received from the Fund participants ("Unitholders") upon the purchase of such Units; (iii) to receive, hold, invest, reinvest and distribute the net income and net capital gains, if any, realized by the Fund in the course of its assets; and (iv) to redeem and transfer Units.

Purpose of the Fund. The purpose of the Fund shall be as follows: (i) to issue units ("Fund Units") evidencing ownership interest in the Fund; (ii) to receive, hold, invest, reinvest and disburse the monies received from the Fund participants ("Unitholders") upon the purchase of such Units; (iii) to receive, hold, invest, reinvest and distribute the net income and net capital gains, if any, realized by the Fund in the course of investing its assets; and (iv) to redeem and transfer Fund Units.

Purpose of the Fund. The purpose of the Fund shall be as followsbe: (i) to issue units (the "Units") evidencing ownership interest in the Fund; (ii) to receive, hold, invest, reinvest and disburse the monies received from the Fund participants (the "Unitholders") upon the purchase of such the Units; (iii) to receive, hold, invest, reinvest and distribute the net income and net capital gains, if any, realized by the Fund in the course of ownership of its assets; and (iv) to redeem and transfer Units.

Purpose of the Fund. The purpose of the Fund shall be as follows: (i) to issue units ("Units") evidencing ownership interest in the Fund; (ii) to receive, hold, invest, reinvest and disburse the monies received from the Fund participants ("Unitholders") upon the purchase of such Units; (iii) to receive, hold, invest, reinvest and distribute the net income and net capital gains, if any, realized by the Fund in the course of its assets; and (iv) to redeem and transfer Units.