Transactions in Derivatives Sample Clauses

Transactions in Derivatives. (a) Subject always to the provisions and restrictions contained in the Policies, the Sub-Adviser has authority and power on behalf of the Fund to purchase, sell, hold, effect, settle, close-out and generally deal in and with domestic or foreign Derivatives (which term, for the purposes of this Section 6, shall be defined as disclosed in the Fund’s prospectus and statement of additional information ) and the Adviser agrees that: (i) the Sub-Adviser is authorized to select the counterparties with which Derivatives are traded and the brokerage firms through which Derivatives are traded and the clearing houses through which Derivatives are cleared and settled for the Fund, and negotiate as the Fund’s agent any account agreements, clearing agreements, Master Agreements (ISDA, IFEMA, GMRA or such other industry standard agreements, including netting agreements required for the execution of particular transactions) or other documents required or deemed appropriate by such brokers or by the Sub-Adviser and the Sub-Adviser may execute such documents as agent for the Fund; provided that the Sub-Adviser shall provide the Adviser with such documents as may reasonably be requested from time to time; and (ii) to the extent required by any market, clearing house or exchange, the Sub-Adviser is authorized to and may reveal the Adviser’s and Fund’s identity and address to any relevant party through which Derivatives are traded or cleared. (b) The Adviser understands that markets, clearing houses and exchanges may require that anyone trading in Derivatives advance collateral to meet initial and variation margin requirements depending on relevant markets, clearing houses and exchanges and applicable law and regulation. The Sub-Adviser is hereby authorized to make any required arrangements to meet the collateral requirements in order to be compliant with the laws and regulations that are or will come into force and are applicable to the Sub-Advised Assets. The Sub-Adviser is further authorized to instruct the Custodian to advance cash, securities and/or repos as collateral to an account designated by the clearing house/member or bi-lateral counterparty, as applicable, in order to meet margin and collateral payments as required by the rules of exchanges or markets on which Derivatives are dealt by the Sub-Adviser as the Fund’s agent.

Transactions in Derivatives. The Portfolio is permitted to purchase, sell, hold and generally deal in and with domestic or foreign derivatives in accordance with its policies and restrictions as set forth in the current Registration Statement of the Trust filed with the SEC and any applicable law.

Transactions in Derivatives. The Fund is permitted to purchase, sell, hold and generally deal in and with domestic or foreign derivatives in accordance with its policies and restrictions as set forth in the current Registration Statement of the Corporation filed with the SEC and any applicable law.

Transactions in Derivatives. 9.1. This notice does not disclose all of the risks and other significant aspects of derivative products such as futures, options and contracts for differences. You should not deal in derivatives unless you understand the nature of the contract you are entering into and the extent of your exposure to risk. You should also be satisfied that the contract is suitable for you in the light of your circumstances and financial position. Certain strategies, such as a "spread" position or a "straddle", may be as risky as a simple "long" or "short" position. Whilst derivative instruments can be utilised for the management of investment risk, some investments are unsuitable for many investors. Different instruments involve different levels of exposure to risk, and in deciding whether to trade in such instruments you should be aware of the following points.