Common use of Potential Conflicts of Interest Clause in Contracts

Potential Conflicts of Interest. (a) Subject to applicable statutes and regulations, it is understood that directors, officers or agents of the Fund are or may be interested in the Investment Manager as directors, officers, employees, agents, shareholders or otherwise, and that the directors, officers, employees, agents or shareholders of the Investment Manager may be interested in the Fund as a director, officer, agent or otherwise. (b) If the Investment Manager considers the sale of direct investments for the Fund and/or other advisory clients of the Investment Manager, transactions in such direct investments will be made for the Fund and/or such other clients in accordance with the Investment Managers allocation procedures for direct investments, as may be amended from time to time provided that the Board of Directors of the Fund receives at least ten days advance notice of such amendment.

Potential Conflicts of Interest. (a) Subject to applicable statutes and regulations, it is understood that directors, officers or agents of the Fund are or may be interested in the Investment Manager as directors, officers, employees, agents, shareholders or otherwise, and that the directors, officers, employees, agents or shareholders of the Investment Manager may be interested in the Fund as a director, officer, agent or otherwise. (b) If the Investment Manager considers the purchase or sale of direct investments securities for the Fund and/or and other advisory clients of the Investment ManagerManager at or about the same time, transactions in such direct investments securities will be made for the Fund and/or and such other clients in accordance with the Investment Managers Manager's trade allocation procedures for direct investmentsprocedures, as may be amended from time to time time, provided that the Board of Directors of the Fund receives at least ten days advance notice of any such amendment.

Potential Conflicts of Interest. (a) Subject to applicable statutes and regulations, it is understood that directors, officers or agents of the Fund are or may be interested in the Investment Manager as directors, officers, employees, agents, shareholders or otherwise, and that the directors, officers, employees, agents or shareholders of the Investment Manager may be interested in the Fund as a director, officer, agent or otherwise. (b) If the Investment Manager considers the purchase or sale of direct investments securities for the Fund and/or and other advisory clients of the Investment ManagerManager at or about the same time, transactions in such direct investments securities will be made for the Fund and/or and such other clients in accordance with the Investment Managers Manager's trade allocation procedures for direct investmentsprocedures, as may be amended from time to time provided that and approved by the Board of Directors of the Fund receives at least ten days advance notice of such amendmentFund.

Potential Conflicts of Interest. (a) Subject to applicable statutes and regulations, it is understood that directors, officers or agents of the Fund are or may be interested in the Investment Manager as directors, officers, employees, agents, shareholders or otherwise, and that the directors, officers, employees, agents or shareholders of the Investment Manager may be interested in the Fund as a director, officer, agent or otherwise. (b) If the Investment Manager considers the purchase or sale of direct investments for the Fund and/or other advisory clients of the Investment Manager, transactions in such direct investments will be made for the Fund and/or such other clients in accordance with the Investment Managers allocation procedures for direct investments, as may be amended from time to time provided that and approved by the Board of Directors of the Fund receives at least ten days advance notice of such amendmentFund.

Potential Conflicts of Interest. (a) Subject to applicable statutes and regulations, it is understood that directors, officers or agents of the Fund are or may be interested in the Investment Manager as directors, officers, employees, agents, shareholders or otherwise, and that the directors, officers, employees, agents or shareholders of the Investment Manager may be interested in the Fund as a director, officer, agent or otherwise. (b) If the Investment Manager considers the purchase or sale of direct investments securities for the Fund and/or and other advisory clients of the Investment ManagerManager at or about the same time, transactions in such direct investments securities will be made for the Fund and/or and such other clients in accordance with the Investment Managers trade allocation procedures for direct investmentsprocedures, as may be amended from time to time time, provided that the Board of Directors of the Fund receives at least ten days advance notice of any such amendment.