Common use of Registration as a Commodity Pool Clause in Contracts

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 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

Registration as a Commodity Pool. The Adviser is registered as a “commodity pool operator,” and acknowledges that the Fund Funds 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 Funds that the Fund Funds shall qualify as a “qualified eligible person” under Rule 4.7 of the regulations under the Commodity Exchange Act and that the Fund Funds 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

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 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 AgreementAgreement and will comply with all provisions of the Commodities Exchange Act, as amended, and any rules or regulations promulgated thereunder.