Common use of Records of the Partnership Clause in Contracts

Records of the Partnership. The General Partner will instruct the Partnership’s broker to furnish copies of all trade confirmations and monthly trading reports to the Advisor. The Advisor will maintain a record of all trading orders and will monitor the Partnership’s open positions with respect to its Net Assets. Upon the reasonable request of the General Partner, the Advisor shall permit the General Partner or its agents to inspect the trading records of the Advisor, at the offices of the Advisor. If the General Partner believes it is necessary to confirm that the Partnership is being equitably treated by the Advisor, including with respect to any modifications of trading strategies resulting from speculative position limits and with respect to the assignment of priorities of order entry to the Advisor’s accounts, the General Partner may select an independent certified public accounting firm under a confidentiality agreement acceptable to the Advisor at the Partnership’s expense to determine the accuracy of the Advisor’s performance record. Such review of the records of the Advisor shall take place at a reasonable time as determined by the Advisor. Prior to the commencement of trading by the Advisor for the Partnership, the General Partner shall deliver to the Advisor, and renew when necessary, a Trading Authorization appointing the Advisor the Partnership’s sole agent and attorney-in-fact to trade Commodity Interests as described herein.

Records of the Partnership. The General Partner will instruct the Partnership’s broker to furnish copies of all trade confirmations and monthly trading reports to the Advisor. The Advisor will maintain a record of all trading orders and will monitor the Partnership’s open positions with respect to its Net Assetspositions. Upon the reasonable request of the General Partner, the Advisor shall permit the General Partner or its agents to inspect the trading records of the Advisor, at the offices of the Advisor. If the General Partner believes it is necessary to confirm that the Partnership is being equitably treated on an overall basis by the Advisor, including with respect to any modifications of trading strategies resulting from speculative position limits and with respect to the assignment of priorities of order entry to the Advisor’s 's accounts, the General Partner may select an independent certified public accounting firm under a written confidentiality agreement acceptable to the Advisor at the Partnership’s expense to determine the accuracy of the Advisor’s 's performance record. Such review of the records of the Advisor shall take place at a reasonable time as determined by the offices of the Advisor during the Advisor’s normal business hours. Prior to the commencement of trading by the Advisor for the Partnership, the General Partner shall deliver to the Advisor, and renew when necessary, a Trading Authorization appointing the Advisor the Partnership’s sole agent and attorney-in-fact to trade Commodity Interests as described herein.