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16.9. Limitation on Redemption

Redemptions shall be limited with respect to all Investors seeking to redeem Investor Units as of a same Redemption Date so that each such Investor shall have the percentage of its redemption request honored; the balance of such Requests for Redemption shall be processed by the Investment Compartment on the next Valuation Day on which Requests for Redemption are accepted, subject to the same limitation. On such day, such Requests for Redemption of Investor Units will be complied with in priority to subsequent requests.