Common use of Brokerage and Other Fees Clause in Contracts

Brokerage and Other Fees. The Partnership shall pay to SSB a monthly brokerage fee equal to an annual rate of 5.5% of month-end Net Assets of the Partnership allocated to the Advisors (0.4583% per month) in lieu of brokerage commissions on a per trade basis. The Partnership shall also pay all National Futures Association, exchange, clearing, user, give-up, and floor brokerage fees, or shall reimburse SSB for all such fees previously paid by SSB on behalf of the Partnership. This fee may be increased or decreased at any time at SSB’s discretion upon notice to the Partnership.

Appears in 3 contracts

Samples: Customer Agreement (Citigroup Diversified Futures Fund Lp), Customer Agreement (Citigroup Diversified Futures Fund Lp), Customer Agreement (Citigroup Diversified Futures Fund Lp)

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Brokerage and Other Fees. The Partnership shall pay to SSB a monthly brokerage fee commission equal to an annual rate $18.00 per round turn (or foreign exchange equivalent transaction) for each futures transaction and $9.00 per side for each option on futures transaction, inclusive of 5.5% of month-end Net Assets of floor brokerage fees. In addition, the Partnership allocated to the Advisors (0.4583% per month) in lieu of brokerage commissions will pay SSB fees which are payable on a per trade basis. The Partnership shall also pay all National Futures Association, transaction basis including exchange, clearing, user, give-up, clearing, user and floor brokerage NFA fees, or shall reimburse SSB for all such fees previously paid by SSB on behalf of the Partnership. This SSB's fee may be increased or decreased at any time at SSB’s 's discretion upon notice to the Partnership.

Appears in 1 contract

Samples: Customer Agreement (Shlomon Smith Barney Orion Futures Fund Lp)

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Brokerage and Other Fees. The Partnership shall pay to SSB a monthly brokerage fee equal to an annual rate 9/20 of 5.51% of month-end Net Assets of the Partnership allocated to the Advisors (0.45835.4% per monthyear) in lieu of brokerage commissions on a per trade basis. The Partnership shall also pay all National Futures Association, exchange, clearing, user, give-up, and floor brokerage fees, or shall reimburse SSB for all such fees previously paid by SSB on behalf of the Partnership. This fee may be increased or decreased at any time at SSB’s 's discretion upon notice to the Partnership.

Appears in 1 contract

Samples: Customer Agreement (Salomon Smith Barney Diversified 2000 Futures Fund Lp)

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