Common use of Supplemental Offering of Shares Clause in Contracts

Supplemental Offering of Shares. The Fund from time to time may create and sell additional Investor Shares or additional classes or series of Shares if the Manager in its sole discretion determines that the best interests of the Fund so require. The Manager is authorized to determine or alter any or all of the powers, rights, qualifications, limitations or restrictions granted or imposed upon any such series or supplemental Shares or the offering thereof, and to fix, alter or reduce the number of Shares comprising any such class or series, and to provide for the rights and terms of redemption or conversion of the Shares of any such class or series. Any such Shares may be offered to such persons and on such terms and conditions as the Fund may determine.

Supplemental Offering of Shares. The Fund from time to time may create and sell additional Investor Shares shares or additional classes or series of Shares shares if the Manager in its sole discretion determines that the best interests of the Fund so require. The Manager is authorized to determine or alter any or all of the powers, rights, qualifications, limitations or restrictions granted or imposed upon any such series or supplemental Shares shares or the offering thereof, and to fix, alter or reduce the number of Shares shares comprising any such class or series, and to provide for the rights and terms of redemption or conversion of the Shares shares of any such class or series. Any such Shares shares may be offered to such persons and on such terms and conditions as the Fund may determine. No Shareholder shall be required to participate in such supplemental offering and the failure to do so shall have no impact, adverse or otherwise, on such Shareholder's rights and obligations under this Agreement.

Supplemental Offering of Shares. The Fund from time to time may create and sell additional Investor Shares or additional classes or series of Shares if the Manager in its sole discretion determines that the best interests of the Fund so require. The Manager is authorized to determine or alter any or all of the powers, rights, qualifications, limitations or restrictions granted or imposed upon any such series or supplemental Shares or the offering thereof, and to fix, alter or reduce the number of Shares comprising any such class or series, and to provide for the rights and terms of redemption or conversion of the Shares of any such class or series. Any such Shares may be offered to such persons and on c such terms and conditions as the Fund may determine.