Common use of Sponsor's Determinations Clause in Contracts

Sponsor's Determinations. (a) Whenever any Sponsor Party is to determine or decide any matter relating to this Agreement or the Platform (for the avoidance of doubt, not including the determination of into which Series a Member shall invest, such determination to be in the sole and absolute discretion of each Member, to the extent that it is practicable to effect the investment so determined) such determination shall be made in the sole discretion of such Sponsor Party. All determinations or decisions made by the Sponsor pursuant to or in connection with this Agreement shall be conclusive and binding on all Members if made in a manner consistent with the standard set forth in Section 2.6.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series)), Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series)), Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))

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