Securities Trading and Investment Practices. The Administrator shall perform the following functions relating to the Fund's securities trading and investment practices: Review and negotiate private placement and municipal securities offering documentation and provide legal guidance on transfer restrictions; Provide guidance on legal considerations relating to the purchase of foreign securities; Draft and negotiate documentation necessary to permit the Fund to engage in a variety of derivative and securities trading practices and provide legal guidance with respect to these practices; Negotiate the Fund's line of credit documentation; and Provide legal guidance on applicable laws regulating the types and levels of ownership of securities by the Fund.
Appears in 6 contracts
Samples: Master Administrative Services Agreement (MFS Municipal Income Trust), Master Administrative Services Agreement (MFS Multimarket Income Trust), Master Administrative Services Agreement (MFS Government Markets Income Trust)