Common use of Responsibility and Control Clause in Contracts

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that the Portfolio Manager shall not be liable for any losses to the Fund resulting from the Fund's direction, or from the Fund's disapproval of any action proposed to be taken by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision -------------------------- of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of this -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken or to be undertaken on its behalf by the Portfolio Manager, provided, however, that the Portfolio Manager shall not be liable for any losses to the Fund resulting from the Fund’s direction, or from the Fund’s disapproval of any action proposed to be taken by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that Portfolio Manager shall not be liable for any losses to the Fund resulting from the Fund's direction, or from the Fund's disapproval of any action proposed to be taken by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager., provided, however, that the Portfolio Manager shall not be liable for any losses to the Fund resulting from the Fund's direction, or from the Fund's disapproval of any action proposed to be taken by the Portfolio Manager

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that the Manager shall not be liable for any losses or claims resulting from the Fund's direction to, or from the Fund's disapproval of any action proposed to be taken by, the Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove direct any action hereunder taken on its behalf by the Portfolio ManagerManager pursuant to guidelines provided to Portfolio Manager in writing.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that the Portfolio Manager shall not be liable for any losses or claims resulting from the Fund's direction to, or from the Fund's disapproval of any action proposed to be taken by, the Portfolio Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that the Manager shall not be liable for any losses or claims resulting from the Fund’s direction to, or from the Fund’s disapproval of any action proposed to be taken by, the Manager.

Responsibility and Control. Notwithstanding any other provision of -------------------------- this Agreement, it is understood and agreed that the Fund shall at all times retain the ultimate responsibility for and control of all functions performed pursuant to this Agreement and reserves the right to direct, approve or disapprove any action hereunder taken on its behalf by the Portfolio Manager, provided, however, that the Portfolio Manager shall not be liable for any losses to the Fund resulting from the Fund’s direction to the Portfolio Manager to take an action, or from the Fund’s disapproval of any action proposed to be taken by the Portfolio Manager.