Common use of Dealing Clause in Contracts

Dealing. 8.1 The Client hereby confirms that it has read, understood and agrees to the Manager’s best execution policy. In particular, the Client agrees that the Manager may trade outside of a Trading Venue. In effecting transactions for the Account, the Manager will at all times comply with the obligations regarding best execution under ▇▇▇▇▇ and act in the best interests of the Client. All transactions will be effected in accordance with the terms and conditions for dealing in shares or units of the ▇▇▇▇▇▇ Funds, and the Manager may take all such steps as may be required or permitted by such terms and conditions. Specific instructions from the Client in relation to the execution of orders may prevent the Manager from following its best execution policy in relation to such orders in respect of the elements of execution covered by the instruction. 8.2 Where the Client supplements the assets of the Account, the Manager shall only effect transactions in respect of those assets after having been notified of the delivery date of those assets by the Client pursuant to clause 6.3 above.