Common use of Selection of Brokers and Affiliated Transactions Clause in Contracts

Selection of Brokers and Affiliated Transactions. (a) Subject to the policies established by, and any direction from the Board of Trustees, the Adviser will be responsible for selecting the brokers or dealers that will execute the purchases and sales for the Fund. Subject to the foregoing, it is understood that the Adviser will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or be in breach of any obligation owing to the Fund under this Agreement, or otherwise, solely by reason of its having directed a securities transaction on behalf of the Fund to a broker-dealer in compliance with the provisions of Section 28(e) of the Securities Exchange Act of 1934 or as otherwise permitted from time to time by the Fund’s Prospectus and SAI.

Selection of Brokers and Affiliated Transactions. (a) Subject to the policies established by, and any direction from the Trust’s Board of Trustees, the Adviser will be responsible for selecting the brokers or dealers that will execute the purchases and sales for the a Fund. Subject to the foregoing, it is understood that the Adviser will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund Trust or be in breach of any obligation owing to the Fund Trust under this Agreement, or otherwise, solely by reason of its having directed a securities transaction on behalf of the a Fund to a broker-dealer in compliance with the provisions of Section 28(e) of the Securities Exchange Act of 1934 or as otherwise permitted from time to time by the a Fund’s Prospectus and SAI.

Selection of Brokers and Affiliated Transactions. (a) Subject to the policies established by, and any direction from the Corporation’s Board of TrusteesDirectors, the Adviser will be responsible for selecting the brokers or dealers that will execute the purchases and sales for the a Fund. Subject to the foregoing, it is understood that the Adviser will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund Corporation or be in breach of any obligation owing to the Fund Corporation under this Agreement, or otherwise, solely by reason of its having directed a securities transaction on behalf of the each Fund to a broker-dealer in compliance with the provisions of Section 28(e) of the Securities Exchange Act of 1934 or as otherwise permitted from time to time by the a Fund’s Prospectus and SAI.

Selection of Brokers and Affiliated Transactions. (a) Subject to the policies established by, and any direction from the Fund's Board of TrusteesDirectors, the Adviser will be responsible for selecting the brokers or dealers that will execute the purchases and sales of securities for the Fund. Subject to the foregoing, it is understood that the Adviser will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or be in breach of any obligation owing to the Fund under this Agreement, or otherwise, solely by reason of its having directed a securities transaction on behalf of the Fund to a broker-dealer in compliance with the provisions of Section 28(e) of the Securities Exchange Act of 1934 or as otherwise permitted from time to time by the Fund’s Prospectus and SAI1934.

Selection of Brokers and Affiliated Transactions. (a) Subject to the policies established by, and any direction from the Fund’s Board of TrusteesDirectors, the Adviser will be responsible for selecting the brokers or dealers that will execute the purchases and sales of securities for the Fund. Subject to the foregoing, it is understood that the Adviser will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or be in breach of any obligation owing to the Fund under this Agreement, or otherwise, solely by reason of its having directed a securities transaction on behalf of the Fund to a broker-dealer in compliance with the provisions of Section 28(e) of the Securities Exchange Act of 1934 or as otherwise permitted from time to time by the Fund’s Prospectus and SAI1934.