Aggregating Orders. On occasions when the Manager deems the purchase or sale of a security to be in the best interest of the Fund as well as other advisory clients of the Manager, the Manager, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities to be so sold or purchased in order to obtain the most favorable price or lower brokerage commissions and efficient execution. In such event, allocation of securities so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in the manner it considers to be most equitable and consistent with its fiduciary obligations to the Fund and its other clients.
Aggregating Orders. The Sub-Adviser may aggregate orders for purchase or sale of Managed Assets with similar orders being made concurrently for other accounts managed by Sub-Adviser, if, in the Sub-Adviser's reasonable judgment, such aggregation shall result in an overall economic benefit to the Fund, taking into consideration the transaction price, brokerage commission and other expenses. The Company acknowledges that the determination of such economic benefit to a Fund by the Sub-Adviser may represent Sub-Adviser's evaluation that a Fund is benefited by relatively better purchase or sales prices, lower commission expenses and beneficial timing of transactions or a combination of these and other factors. In any single transaction in which purchases and or sales of securities of any issuer for the account of a Fund are aggregated with other accounts managed by Sub-Adviser, the actual prices applicable to the transaction will be averaged among the accounts for which the transaction is effected, including the account of a Fund.
Aggregating Orders. Cantor may, but is not required to, aggregate Client Orders, including Cantor (or our associates) orders with Client Orders on the basis that it is unlikely to disadvantage any client. Where Xxxxxx orders are aggregated then the allocation of executed or partially executed orders will be in accordance with Xxxxxx’x Order Allocation Policy and prevailing regulatory requirements and may be based on average net price paid or received.
Aggregating Orders. On occasions when the Manager deems the purchase or sale of a security to be in the best interest of the Fund as well as other advisory clients of the Manager, the Manager, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities or instruments to be so sold or purchased. In such event, allocation of securities or instruments so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in the manner it considers to be most equitable and consistent with its fiduciary obligations to the Fund and its other clients.
6. Management Fees; Expenses
Aggregating Orders. On occasions when the Manager deems the purchase or sale of a security to be in the best interest of the Fund as well as other advisory clients of the Manager, the Manager, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities to be so sold or purchased in order to obtain the most favorable price or lower brokerage commissions and efficient execution. In such event, allocation of securities so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in the manner it considers to be most equitable and consistent with its fiduciary obligations to the Fund and its other clients. It is believed that the ability to participate in combined transactions will generally be beneficial to the accounts and/or funds managed by Manager, it is recognized that, in some cases, combined execution of orders and/or random allocation of smaller combined orders could adversely affect the price or volume of the security that any particular account may obtain.
Aggregating Orders. On occasions when Manager deems the purchase or sale of a security to be in the best interest of Client as well as other clients of Manager, the Manager, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities to be so sold or purchased in order to obtain the most favorable price or lower brokerage commissions and efficient execution. In such event, the broker shall confirm the transactions on an average price basis and allocation of securities so purchased or sold, as well as the expense incurred in the transaction, will be made by Manager in the manner it considers to be most equitable and consistent with its fiduciary obligations to Client and its other clients.
Aggregating Orders. Subject to any Applicable Regulations, the Company may without notice to the Client aggregate the Client's order with its own orders or with those of persons connected with the Company or with those of other clients of the Company. Such aggregation may on some occasions operate to the Client's disadvantage and on other occasions to the Client's advantage.
Aggregating Orders. The Manager, to the extent permitted by applicable law, regulation, rule, exemptive relief, or relevant guidance from or by the appropriate regulatory body, may, but shall be under no obligation to, aggregate the securities to be sold or purchased in order to obtain the most favorable price, lower brokerage commissions, or efficient execution. In such event, allocation of securities so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in a manner it believes to be fair and equitable and consistent with its fiduciary obligations to the Fund and its other clients. OVS Money Manger Agreement
Aggregating Orders. On occasions when the Manager deems the purchase or sale of a security or futures contract to be in the best interest of the Fund as well as other advisory clients of the Manager, the Manager, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities and/or futures contracts to be so sold or purchased in order to obtain the most favorable price or lower brokerage commissions and efficient execution. In such event, allocation of securities and/or futures contracts so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in the manner it considers to be most equitable and consistent with its fiduciary obligations to the Fund and its other clients.
Aggregating Orders. The Manager, to the extent permitted by applicable law, regulation, rule, exemptive relief, or relevant guidance from or by the appropriate regulatory body, may, but shall be under no obligation to, aggregate the securities to be sold or purchased in order to obtain the most favorable price, lower brokerage commissions, or efficient execution. In such event, allocation of securities so purchased or sold, as well as the expense incurred in the transaction, will be made by the Manager in a manner it believes to be fair and equitable and consistent with its fiduciary obligations to the Fund and its other clients.
