Common use of Traditional Options Clause in Contracts

Traditional Options. A particular type of option (called a “traditional option”) is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser should only provide for the Investment Guidelines to permit the Local Manager to invest in “traditional options” if the Investment Adviser is fully aware of the risks involved.

Appears in 27 contracts

Samples: Sub Advisory Agreement (Morgan Stanley ETF Trust), Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Morgan Stanley Institutional Fund Trust)

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Traditional Options. A particular type of option (called a "traditional option") is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser VKAM should only provide for the Investment Guidelines to permit the Local Manager MSIM to invest in "traditional options" if the Investment Adviser VKAM is fully aware of the risks involved.

Appears in 10 contracts

Samples: Investment Sub Advisory Agreement (Van Kampen Corporate Bond Fund), Investment Sub Advisory Agreement (Van Kampen Equity Trust Ii), Agreement (Van Kampen Corporate Bond Fund)

Traditional Options. A particular type of option (called a “traditional option”) is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser should only provide for the Investment Guidelines to permit the Local Manager to invest in “traditional options” if the Investment Adviser is fully aware of the risks involved.

Appears in 9 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.), Sub Advisory Agreement (Morgan Stanley European Equity Fund Inc.)

Traditional Options. A particular type of option (called a “traditional option”) is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser Manager should only provide for the Investment Guidelines to permit the Local Manager MSIM to invest in “traditional options” if the Investment Adviser Manager is fully aware of the risks involved.

Appears in 5 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Global Infrastructure Fund), Sub Advisory Agreement (Morgan Stanley Select Dimensions Investment Series), Sub Advisory Agreement (Morgan Stanley Select Dimensions Investment Series)

Traditional Options. A particular type of option (called a “traditional option”) is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser should only provide for the Investment Guidelines to permit the Local Manager MSIM to invest in “traditional options” if the Investment Adviser is fully aware of the risks involved.

Appears in 5 contracts

Samples: Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Voya INVESTORS TRUST), Sub Advisory Agreement (Morgan Stanley Series Funds)

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Traditional Options. A particular type of option (called a "traditional option") is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser Manager should only provide for the Investment Guidelines to permit the Local Manager MSIM to invest in "traditional options" if the Investment Adviser Manager is fully aware of the risks involved.

Appears in 3 contracts

Samples: Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Series Funds), Sub Advisory Agreement (Morgan Stanley Global Infrastructure Fund)

Traditional Options. A particular type of option (called a "traditional option") is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser should only provide for the Investment Guidelines to permit the Local Manager to invest in "traditional options" if the Investment Adviser is fully aware of the risks involved.

Appears in 2 contracts

Samples: Sub Advisory Agreement (Latin American Discovery Fund, Inc.), Sub Advisory Agreement (Morgan Stanley Emerging Markets Fund Inc)

Traditional Options. A particular type of option (called a “traditional option”) is written by certain London Stock Exchange firms under special exchange rules. These may involve greater risk than other options. Two way prices are not usually quoted and there is no exchange market on which to close out an open position. It may be difficult to assess the value of a traditional option or for the seller of such an option to manage his exposure to risk. Again, the Investment Adviser Manager should only provide for the Investment Guidelines to permit the Local Manager to invest in “traditional options” if the Investment Adviser Manager is fully aware of the risks involved.

Appears in 1 contract

Samples: Sub Advisory Agreement (Morgan Stanley Series Funds)

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