Common use of Timing and Amount of Redemptions Clause in Contracts

Timing and Amount of Redemptions. Subject to this Section 3.02, a Member shall be entitled to redeem all or part of such Member’s Units effective as of each Friday (or, where such day is not a Business Day, the immediately following Business Day) and/or such other days as the Manager may determine in its sole discretion (each, a “Redemption Day”), upon providing notice to the Fund in writing (or in such other manner as the Manager may determine in its sole discretion) not less than four (4) Business Days prior to the Redemption Day.

Timing and Amount of Redemptions. Subject to this Section 3.02, a Member shall be entitled to redeem all or part of such Member’s Units effective as of the last Business Day of each Friday (or, where such day is not a Business Day, the immediately following Business Day) week and/or such other days as the Manager may determine in its sole discretion (each, a “Redemption Day”), upon providing notice to the Fund in writing (or in such other manner as the Manager may determine in its sole discretion) not less than four (4) Business Days prior to the Redemption Day.