Affiliated Brokerage Sample Clauses

Affiliated Brokerage. In the event Subadviser places trades through a broker or dealer affiliated with Manager or Subadviser, ▇▇▇▇▇▇▇▇▇▇ agrees to provide prior notice to the Funds and to comply with the Funds’ affiliated brokerage procedures.

Affiliated Brokerage. No Fund paid brokerage commissions within the last fiscal year to (i) any broker that is an affiliated person of such Fund or an affiliated person of such person, or (ii) any broker an affiliated person of which is an affiliated person of such Fund, the Adviser or any Sub-Adviser of such Fund.

Affiliated Brokerage. To the extent permitted by law, the Client hereby authorizes Manager to effect agency transactions and agency cross-transactions through affiliated broker-dealers and the Client acknowledges that the Manager, in effecting or executing agency cross transactions, will have potentially conflicting divisions of loyalties and responsibilities regarding the parties to the transactions. The Client represents and warrants that any entity or person associated with the Client or the Manager that to the extent that the affiliate executing or effecting the transaction is a member of a national securities exchange, it is authorized to effect any transaction permitted by Section 11(a) of the Exchange Act and Rule 11a2-2(T) thereunder on such exchange for the Account, and the Client consents to the retention of compensation for such transactions.

Affiliated Brokerage. Client hereby authorizes Vision Advisors, for purposes of Department of Labor Prohibited Transaction Class Exemption 86-128 (“PTCE 86-128”), to use its authority to cause the Account to pay a fee to VFM or VBS, affiliates of Vision Advisors, for effecting or executing securities transactions. Furthermore, Client acknowledges that (a) this authorization is made in accordance with the requirements of PTCE 86-128; (b) this authorization is terminable at will without penalty by termination of the Account; and (c) Client has read the description of Vision Advisors brokerage placement practices as set forth in Form ADV, Part II, Schedule F and any other reasonably available information regarding brokerage that Client has requested.

Affiliated Brokerage. The Client hereby authorizes the Manager to effect agency transactions and agency cross-transactions through affiliated broker-dealers and the Client acknowledges that Manager, in effecting or executing agency cross transactions, will have potentially conflicting divisions of loyalties and responsibilities regarding the parties to the transactions.

Affiliated Brokerage. (i) The Client agrees that WBI is authorized to execute transactions for the Account and the Affiliated ETFs through its affiliates, subject to WBI’s duty of best execution and applicable law. WBI may trade through its affiliates even if the use of a different broker-dealer that is not affiliated with WBI may result in more favorable prices or transaction costs. The brokerage compensation charged to Client or earned by WBI’s affiliates in connection with transactions for the Account or for the Affiliated ETFs is exclusive of, and in addition to, any other compensation paid to WBI under this Agreement. WBI and its affiliates will retain any brokerage compensation (including payment for order flow) received in connection with the transactions executed on behalf of the Account and the Affiliated ETFs, and WBI will not offset or reduce any other compensation paid to WBI under this Agreement by the amount of brokerage compensation its affiliates earn from transactions in the Account or the Affiliated ETFs. The Client should consider the fact that WBI and its affiliates receive this brokerage compensation when evaluating the amount and appropriateness of the total value of services that WBI provides. (ii) If the Account is established on behalf of an employee benefit plan that is subject to ERISA or section 4975 of the Internal Revenue Code of 1986, as amended, then anything contained herein to the contrary notwithstanding, WBI is authorized to execute securities transactions through affiliated broker-dealers only in accordance with the terms and conditions of ERISA prohibited transaction class exemption (“PTE”) 86-128, or other available prohibited transaction exemption, where applicable. WBI agrees to comply with the disclosure requirements contained in PTE 86-128 as applicable to Client accounts. For those Clients to whom the disclosure requirements of PTE 86-128 are applicable, Client acknowledges and represents that, not more than three months before the date hereof, Client has received copies of: (i) PTE 86-128 attached hereto as Schedule B; (ii) the termination form attached hereto as Schedule C; and (iii) any other information that Client reasonably believes to be necessary to determine whether to authorize the securities transactions contemplated by the brokerage direction and authorization set forth in this Agreement.

Affiliated Brokerage. The Client hereby authorizes Manager to effect agency transactions and agency cross-transactions through affiliated broker-dealers and the Client acknowledges that the Manager, in effecting or executing agency cross transactions, will have potentially conflicting divisions of loyalties and responsibilities regarding the parties to the transactions. Furthermore, the Client acknowledges that the Account is subject to Section 11(a) of the Securities Exchange Act of 1934, as amended, and Rule 11a2-2(T) thereunder and accordingly, the Client authorizes the affiliates of the Manager that are members of a national securities exchange or have the right to trade on such an exchange, to execute transactions on such exchange for the Account and to retain compensation for such transactions.