Payments of Redemption or Distribution. proceeds shall be made as the related monies are received from the applicable Trading Fund. For the avoidance of doubt, the Sponsor may retain the Reserve Assets attributable to a Redemption or Distribution until proceeds are received from the Trading Fund.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series)), Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))