Common use of Voting Procedure Clause in Contracts

Voting Procedure. The Trust shall be authorized to solicit, and a Limited Owner shall be entitled to submit a proxy ballot containing the voting instructions of such Unitholder, in person, or by U.S. mail, overnight mail, express mail, telephone, electronic mail, telefacsimile, telegraph, internet or other electronic media, provided however, that the Managing Owner or an officer of the Trust may limit or delineate the types of media and methods by which a Limited Owner may submit voting instructions. On any matter any Unitholder may vote part of the Units in favor of the proposal and refrain from voting the remaining Units or vote them against the proposal, but if the Limited Owner fails to specify the number of Units which the Limited Owner is voting affirmatively, it will be conclusively presumed that the Unitholder’s approving vote is with respect to the total Units that the Limited Owner is entitled to vote on such proposal.

Voting Procedure. The Trust on behalf of each Fund shall be authorized to solicit, and a Limited Owner shall be entitled to submit a proxy ballot containing the voting instructions of such Unitholder, in person, or by U.S. mail, overnight mail, express mail, telephone, electronic mail, telefacsimile, telegraph, internet or other electronic media, provided provided, however, that the Managing Owner or an officer of the Trust may limit or delineate the types of media and methods by which a Limited Owner may submit voting instructions. On any matter any Unitholder may vote part of the Units in favor of the proposal and refrain from voting the remaining Units or vote them against the proposal, but if the Limited Owner fails to specify the number of Units which the Limited Owner is voting affirmatively, it will be conclusively presumed that the Unitholder’s approving vote is with respect to the total Units that the Limited Owner is entitled to vote on such proposal.