Examples of Trading Vehicle in a sentence
Thereafter, the General Partner shall vote the Partnership’s interest in the Trading Vehicle so as to reflect the vote undertaken by the Limited Partners of the Partnership (excluding any entity that directly or indirectly controls, is controlled by or is under common control with the General Partner and their respective employees), as measured by their respective percentage ownership in the Partnership.
To the extent that the Partnership, as an investor in a Trading Vehicle, may vote on a matter as set forth in clause (1) above, the Partnership shall vote its interests in the Trading Vehicle following a vote by the Limited Partners (excluding any entity that directly or indirectly controls, is controlled by or is under common control with the General Partner and their respective employees) at a meeting called by the Limited Partners in accordance with Section 15(b).
Upon receipt by the General Partner of a notice setting forth an election to replace the Trading Vehicle’s managing member, general partner or other managing entity, as applicable, or dissolve the Trading Vehicle, by Limited Partners holding not less than a Majority of Units, the General Partner shall take such actions on behalf of the Partnership, as an investor in such Trading Vehicle, to cause the Trading Vehicle to put the issue to a vote in accordance with the applicable organizational documents.
As a commodity pool, the Trust and each Series are subject to the regulations of the Commodity Futures Trading Commission, an agency of the United States (U.S.) government which regulates most aspects of the commodity futures industry; rules of the National Futures Association, an industry self-regulatory organization; and the requirements of the various commodity exchanges where the Trust through the Trading Vehicle executes transactions.
The Trading Vehicle was formed to function as an aggregate trading vehicle.
Future redemptions and exchanges will impact the amount of funds available for investment in the Trading Vehicle in subsequent periods.
The Trading Vehicle will have the responsibility for the management of any portion of the Trading Vehicle Allocated Assets that are not invested in Commodities.
Nothing herein shall be construed to prevent the Managing Owner from imposing any limitation(s) on the trading activities of the Trading Vehicle beyond those enumerated in the Prospectus if the Managing Owner determines that such limitation(s) are necessary or in the best interests of the Trust or the Trading Vehicle, in which case the Advisor will adhere to such limitations following written notification thereof.
The parties acknowledge that the Advisor has not been, either alone or in conjunction with the Selling Agent or its affiliates, an organizer or promoter of the Trading Vehicle, and it is not intended by the parties that the Advisor shall have any liability as such.
The Trading Vehicle shall not, however, have authority to instruct the Advisor as to which specific open positions to liquidate, except as provided in Section 1 hereof.