Common use of Limited Interests Clause in Contracts

Limited Interests. (a) Offer of BrookshireÔ Raw Materials (U.S.) Core Fund Series Limited Interests (“Core Fund Interests”). (i) BrookshireÔ Raw Materials (U.S.) Core Fund Series Capital Contributions. The minimum initial and subsequent investment in the Core Fund Interests by each Limited Owner shall be made on the terms and conditions set forth in the Registration Statement. The Managing Owner may, in its sole discretion, accept lesser sums with respect to initial and/or additional capital contributions. The initial investment and additional capital contributions shall constitute capital contributions (“Capital Contributions”) to the Trust. The offering shall be made pursuant to and on the terms and conditions set forth in the Registration Statement. The Managing Owner shall make such arrangements for the sale of the Core Fund Interests as it deems appropriate. Each newly admitted Core Fund Limited Owner, and each existing Core Fund Limited Owner that makes an additional Capital Contribution to the Core Fund, shall receive BrookshireÔ Raw Materials (U.S.) Core Series Limited Interests in an amount equal to such Capital Contribution or additional Capital Contribution, as the case may be, divided by the BrookshireÔ Raw Materials (U.S.) Core Series Net Asset Value per Series per Interest calculated as of the Valuation Date immediately prior to the day on which such Capital Contribution will become effective.