Registration as a Commodity Pool Clause Samples

Registration as a Commodity Pool. The Adviser will register as a commodity pool operator, and cause the Fund to meet the qualifications of a commodity pool, under the regulations of the Commodity Futures Trading Commission and will continue such registration and qualification for the duration of this Agreement. The Adviser agrees on behalf of itself and the Fund that the Fund shall qualify as a “qualified eligible person” under Rule 4.7 of the regulations under the Commodity Exchange Act and that the Fund agrees to be so treated as an exempt account.

Registration as a Commodity Pool. The Adviser will register as a commodity pool operator, and cause the Fund to meet the qualifications of a commodity pool, under the regulations of the Commodity Futures Trading Commission and will continue such registration and qualification for the duration of this Agreement. The Adviser agrees on behalf of itself and the Fund that the Fund shall qualify as a "qualified eligible person" under Rule 4.7 of the regulations under the Commodity Exchange Act and that the Fund agrees to be so treated as an exempt account. PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS, THIS AGREEMENT IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN ANY TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISOR DISCLOSURE. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED ANY TRADING PROGRAM OF THE ADVISOR OR THIS AGREEMENT.

Registration as a Commodity Pool. The Adviser is registered as a “commodity pool operator,” and acknowledges that the Fund meets the qualifications of a commodity pool, under the regulations of the CFTC and will continue such registration and qualification for the duration of this Sub-Advisory Agreement. Disclaimer: PURSUANT TO AN EXEMPTION FROM THE COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH ACCOUNTS OF QUALIFIED ELIGIBLE PERSONS, THIS ACCOUNT DOCUMENT IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A TRADING PROGRAM OR UPON THE ADEQUACY OR ACCURACY OF COMMODITY TRADING ADVISER DISCLOSURE. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS TRADING PROGRAM OR THIS ACCOUNT DOCUMENT.

Registration as a Commodity Pool. The Adviser is registered as a "commodity pool operator," and acknowledges that the Fund meets the qualifications of a commodity pool, under the regulations of the Commodity Futures Trading Commission and will continue such registration and qualification for the duration of this Agreement. The Adviser agrees on behalf of itself and the Fund that the Fund shall qualify as an eligible contract participant as defined in Section l(a)(18) of the Commodity Exchange Act and a "qualified eligible person" under Rule 4.7 of the regulations under the Commodity Exchange Act and that the Fund agrees to be so treated as an exempt account. The Sub-Adviser is registered as a "commodity trading advisor" under the regulations of the Commodity Futures Trading Commission and will continue such registration for the duration of this Agreement and will comply with all applicable provisions of the Commodities Exchange Act, as amended, and any rules or regulations promulgated thereunder.

Registration as a Commodity Pool. The Adviser will register as a commodity pool operator, and cause the Fund to meet the qualifications of a commodity pool, under the regulations of the Commodity Futures Trading Commission and will continue such registration and qualification for the duration of this Agreement. The Adviser acknowledges receipt of Sub-Adviser's current Disclosure Document, dated May 20, 2014. The Adviser agrees on behalf of itself and the Fund that the Fund shall qualify as a "qualified eligible person" under Rule 4.7 of the regulations under the Commodity Exchange Act and that the Fund agrees to be so treated as an exempt account. [ Signature block on following page]

Registration as a Commodity Pool. The Adviser is registered as a "commodity pool operator," of the Fund in reliance upon the relief available under Section 4.12(c)(3) of the regulations promulgated under the Commodity Exchange Act, as amended, and acknowledges that the Fund meets the qualifications of such a commodity pool, under the regulations of the Commodity Futures Trading Commission and will continue such registration and qualification for the duration of this Agreement. The Adviser agrees on behalf of itself and the Fund that the Fund shall qualify as a "qualified eligible person" under Rule 4.7 of the regulations under the Commodity Exchange Act as it is an investment company registered under the 1940 Act not formed for the specific purpose investing in exempt account that satisfies the portfolio requirement and that the Fund agrees to be so treated as an exempt account. The Sub-Adviser is registered as a "commodity trading advisor" under the regulations of the Commodity Futures Trading Commission and is relying on the exemption from certain disclosure, reporting and recordkeeping requirements provided under Section 4.7 of the regulations promulgated under the Commodity Exchange Act, as amended, for and "exempt accounts" and will continue such registration for the duration of this Agreement and will comply with all applicable provisions of the Commodities Exchange Act, as amended, and any applicable rules or regulations promulgated thereunder.