Common use of Sweep and Float Clause in Contracts

Sweep and Float. Cash may be swept as directed by the Fund or its investment adviser, including any Series' respective investment sub-adviser, if any, to investment vehicles offered by the Custodian or to other investment vehicles. Cash may be uninvested when it is received or reconciled to an Account after the deadline, which will be provided by the Custodian, to be swept into a target vehicle, or when held for short periods of time related to transaction settlements. The Fund acknowledges that, as part of the Custodian's compensation, the Custodian will earn interest on cash balances held by the Custodian, including disbursement balances and balances arising from purchase and sale transactions, as provided in the Custodian's indirect compensation disclosures.

Sweep and Float. Cash may be swept as directed by the Fund Managing Owner (or its investment adviser, including any Series' respective investment sub-adviser, if any, a commodity trading advisor appointed as an Authorized Person by the Managing Owner to act for the account of a Fund) to investment vehicles offered by the Custodian or to other investment vehicles. Cash may be uninvested when it is received or reconciled to an Account after the deadline, which will be provided by the Custodian, deadline to be swept into a target vehicle, or when held for short periods of time related to transaction settlements. The Fund Each Trust acknowledges that, as part of the Custodian's ’s compensation, the Custodian will earn interest on cash balances held by the Custodian, including disbursement balances and balances arising from purchase and sale transactions, as provided in the Custodian's ’s indirect compensation disclosures.