Where Clause 6. 1.1 applies, it is agreed that all transactions will be: 6.2.1. effected in accordance with the rules and regulations of the relevant market or exchange and the Manager shall take all reasonable steps as may be required or permitted by such rules and regulations and/or by good market practice; and 6.2.2. subject to the rules and customs of the exchange or market and/or clearing house through which the transactions are executed and to all Applicable Laws so that: 6.2.2.1. if there is any conflict between the provisions of this Agreement and any such rules, customs or Applicable Laws, the latter shall prevail; and 6.2.2.2. action may be taken as thought fit in order to ensure compliance with any such rules, customs or Applicable Laws.
Appears in 4 contracts
Samples: Investment Management Agreement, Investment Management Agreement, Investment Management Agreement