Common use of Securities Trading and Investment Practices Clause in Contracts

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)

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