Common use of Redemption of Interests Clause in Contracts

Redemption of Interests. The Interestholders recognize that the profitability of any Series depends upon long-term and uninterrupted investment of capital. It is agreed, therefore, that Series profits and gains may be automatically reinvested, and that distributions, if any, of profits and gains to the Interestholders will be on a limited basis. Nevertheless, the Interestholders contemplate the possibility that one or more of the Limited Owners may elect to realize and withdraw profits, or withdraw capital through the redemption of Interests prior to the dissolution of a Series. In that regard and subject to the provisions of Section 4.2(h):

Redemption of Interests. The Interestholders Owners recognize that the profitability of any Series depends upon long-term and uninterrupted investment of capital. It is agreed, therefore, that Series profits and gains may be automatically reinvested, and that distributions, if any, of profits and gains to the Interestholders Owners will be on a limited basis. Nevertheless, the Interestholders Owners contemplate the possibility that one or more of the Limited Owners may elect to realize and withdraw profits, or withdraw capital through the redemption of Interests prior to the dissolution of a Series. In that regard and subject to the provisions of Section 4.2(h):

Redemption of Interests. The Interestholders Interest Holders recognize that the profitability of any a Series depends upon long-term and uninterrupted investment of capital. It is agreed, therefore, that Series profits and gains of a Series may be automatically reinvested, and that the Manager does not intend to make any distributions, if any, of profits and gains to the Interestholders will be on a limited basis. Nevertheless, the Interestholders Interest Holders contemplate the possibility that one or more of the Limited Owners Interest Holders may elect to realize and withdraw profits, or withdraw capital capital, through the redemption of Interests prior to the dissolution of a the Trust and each Series. In that regard and subject to the provisions of Section 4.2(h):) hereof: