Common use of For the avoidance of doubt Clause in Contracts

For the avoidance of doubt. For the avoidance of doubt, each reference to the Agreement will be construed as a reference to a separate agreement between Party A and the Management Company on behalf of each of the Fund’s Compartments listed in Annex II to the Agreement, and no specific event of default under one Agreement will constitute an event of default with respect to any other Agreement. Furthermore, the close-out netting provisions incorporated herein will apply solely to the transactions entered into pursuant to one Agreement, and there shall be no close-out netting or set-off between transactions entered into pursuant to different Agreements notwithstanding the fact that such Agreements are included in a single document. ANNEX 11 — Compartments: Compartments of the Fond Commun de Placement