Attached files
| file | filename |
|---|---|
| 8-K - ML TREND-FOLLOWING FUTURES FUND L.P. | efc13-611_fm8k.htm |
| EX-3.02II - ML TREND-FOLLOWING FUTURES FUND L.P. | efc13-611_ex302ii.htm |
Exhibit 3.02(i)
AMENDMENT TO THE LIMITED PARTNERSHIP AGREEMENT
THIS AMENDMENT TO THE TENTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT dated as of April 30, 2012 (the “Agreement”) of ML Trend-Following Futures Fund L.P. is made as of September 30, 2013 (this “Amendment”) by Merrill Lynch Alternative Investments LLC, a Delaware limited liability company (the “General Partner”), and the Limited Partners. Capitalized terms used herein, but not defined, shall have the same meanings assigned to them in the Agreement.
WHEREAS, the General Partner and the Limited Partners entered into the Agreement; and
WHEREAS, the General Partner wishes to amend the Agreement with effect as of September 30, 2013 pursuant to Section 16(a) of the Agreement as follows.
NOW IT IS HEREBY AGREED as follows:
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1.
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The first sentence of Section 4(c) of the Agreement is deleted in its entirety and replaced with the following:
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“Net Assets. “Net Assets” and “Net Asset Value” shall mean the Partnership’s assets less its liabilities as generally determined in accordance with generally accepted accounting principles and as described below, provided that the General Partner may depart from generally accepted accounting principles in calculating Net Assets or Net Asset Value for all purposes other than for financial statement purposes, including without limitation for purposes of subscriptions and redemptions and calculation of the Administrative Fee and the Wrap Fee, both as defined below, if the General Partner determines in its good-faith discretion that this departure is advisable in order to better reflect the true value of any asset or amount of any liability, or to further the fair and equitable treatment of Limited Partners. The underlying FuturesAccess Funds may similarly calculate their net assets and net asset values”
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2.
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Except as specifically amended herein, the Agreement is, and shall continue to be, in full force and effect and is hereby in all respects ratified and confirmed.
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3.
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The governing law, counterparties, method of execution, rules of interpretation, notice and other procedural provisions set forth in the Agreement shall be equally applicable to this Amendment.
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IN WITNESS WHEREOF the parties hereto have entered into this Amendment as of September 30, 2013.
| GENERAL PARTNER: | LIMITED PARTNERS | |||||||
| Merrill Lynch Alternative Investments LLC | By: Merrill Lynch Alternative Investments LLC | |||||||
| Attorney-in-Fact | ||||||||
| By: | /s/ Ninon Marapachi | By: | /s/ Ninon Marapachi | |||||
| Name: | Ninon Marapachi | Name: | Ninon Marapachi | |||||
| Title: | VP of MLAI | Title: | VP of MLAI | |||||
| Dated: November 6, 2013 | Dated: November 6, 2013 | |||||||