Common use of Representations and Warranties by the Trust, the Administrator and the Investment Adviser Clause in Contracts

Representations and Warranties by the Trust, the Administrator and the Investment Adviser. The Trust, the Administrator and the Investment Adviser jointly and severally represent and warrant to each Underwriter as of the date hereof, as of the Closing Time referred to in Section 2(c) hereof, and as of each Date of Delivery (if any) referred to in Section 2(b) hereof, and agree with each Underwriter, as follows:

Representations and Warranties by the Trust, the Administrator and the Investment Adviser. The Trust, the Administrator and the Investment Adviser jointly and severally represent and warrant to each Underwriter as of the date hereof, as of the Applicable Time referred to in Section (a)(i) hereof, and as of the Closing Time referred to in Section 2(c) hereof, and as of each Date of Delivery (if any) referred to in Section 2(b) hereof, and agree with each Underwriterthe Underwriters, as follows:

Representations and Warranties by the Trust, the Administrator and the Investment Adviser. The Trust, the Administrator and the Investment Adviser jointly and severally represent and warrant to each Underwriter as of the date hereof, as of the Applicable Time referred to in Section 1(a)(i) hereof, as of the Closing Time referred to in Section 2(c) hereof, and as of each Date of Delivery (if any) referred to in Section 2(b) hereof, and agree with each Underwriter, as follows:

Representations and Warranties by the Trust, the Administrator and the Investment Adviser. The Trust, the Administrator and the Investment Adviser jointly and severally represent and warrant to each the Underwriter as of the date hereof, hereof and as of the Closing Time referred to in Section 2(c) hereof, and as of each Date of Delivery (if any) referred to in Section 2(b) hereof, and agree with each the Underwriter, as follows: