Common use of Transactions with Connected Persons Clause in Contracts

Transactions with Connected Persons. I. The Management Company in relation to the Scheme shall not invest in any security of a company if any director or officer of the Management Company owns more than five per cent of the total amount of securities issued, or, the directors and officers of the Management Company own more than ten per cent of those securities collectively.

Transactions with Connected Persons. I. 8.1 The Management Company in relation to the Scheme shall not invest in any security of a company if any director or officer of the Management Company Company, owns more than five per cent percent of the total nominal amount of the securities issued, or, collectively the directors and officers of the Management Company own more than ten per cent of those securities collectively.securities