Benchmark Information Clause Samples
The Benchmark Information clause defines the specific data, rates, or indices that serve as reference points for financial contracts or transactions. It typically outlines the source, calculation method, and publication frequency of the benchmark, ensuring all parties are clear on which benchmark is being used and how it is determined. This clause is essential for preventing disputes by providing transparency and consistency in how key financial metrics are referenced and applied throughout the agreement.
Benchmark Information. Customer and Contractor shall jointly determine the objective Third Party information that will be required to conduct or support the Benchmark (the “Benchmark Information”). Customer and Contractor shall:
(a) review the Benchmark Information and
(b) schedule a meeting to address any issues either Party may have with the Benchmark Information. Contractor shall provide the Benchmark Information (including information relating to other customer sites, if available) at no additional cost to Customer.
Benchmark Information. When evaluating the performance of any investment, it may be useful to compare the performance against an appropriate benchmark in order to make an informed assessment of the Account’s performance based on its investment strategy. Generally, broad market and market-segment stock and bond indexes, such as the S&P/TSX Composite index, S&P 500 index, FTSE TMX Canada Universe Bond Index are used for this purpose as they are some of the most well- known indices. It is important to note that benchmarks do not include operating charges and transaction charges nor expenses related to the Account’s investments which may affect its performance. The past performance of any benchmark, market index, ETF, or other Security does not indicate its future performance, and future transactions will be made in different securities and different economic environments. The Advisors rely on their own internal metrics for performance determination but may use benchmarks for comparative purposes. Nest Wealth Asset Management Inc. is required to provide its clients and consumers a disclosure statement, outlining the firm's procedures and policies regarding the safeguarding of non-public personal information that is obtained during the normal course of business. Nest Wealth Asset Management Inc. understands your privacy is important and Nest Wealth Asset Management Inc. is committed to maintaining your confidentiality. This notice will help you understand what types of non-public personal information - information about you that is not publicly available - we may collect, how we use it and how we protect your privacy. We recognize that you expect your personal information to be handled in a professional, confidential manner and we have adopted the following policies to safeguard your privacy and to explain the circumstances, under which we may collect, maintain and use any non-public personally identifiable information that you may provide us. We collect information about you to help us serve your financial needs, provide client support, offer new products or services, and fulfill legal regulatory requirements. The type of information we collect may include: • Information we receive from you on applications or other forms (e.g., your name address, social insurance number, assets and income). • Information about your transactions with us or others (e.g., your account balance, payment history, and transaction amounts). • Information that we receive from a consumer reporting agency (e.g...
Benchmark Information. THC and PSC shall jointly determine the Benchmark Information. THC and PSC shall (1) review the Benchmark Information and (2) schedule a meeting to address any issues either Party may have with the Benchmark Information. PSC shall provide the Benchmark Information benchmarked by the PSC Benchmarker (including, with respect to the Industry Benchmark, information relating to other customer sites, if available) at no additional cost to THC.