BROKERAGE CLIENTS Sample Clauses

BROKERAGE CLIENTS. Each of Tuckxx Xxxxxxx Xxxorporated, Sutro and Co., John Xxxcxxx Xxxaring Corporation, and John Xxxcxxx Xxxcialist, Inc. (each a "Broker-dealer" and collectively, the "Broker-dealers") is duly registered as a broker-dealer with the Commission under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is a member in good standing of the National Association of Securities Dealers, Inc. ("NASD") and the securities exchanges listed on SCHEDULE 4.20 hereto and is duly registered, licensed or qualified as a broker or dealer under the laws of each jurisdiction listed on SCHEDULE 4.20 hereto. Each Broker-dealer is and at all times since December 31, 1994 has been in compliance with the Exchange Act and the rules and regulations thereunder applicable to it, the rules and regulations of the NASD applicable to it (including the NASD's rules of fair practice), the rules and regulations of the securities exchanges of which it is a member, and the laws of each jurisdiction where it is registered as a broker or dealer, except for such instances of non-compliance (i) that relate to a matter set forth on SCHEDULES 4.17 OR 4.20 or (ii) the correction of which would not interfere significantly with the ability of any Broker-dealer to conduct its business substantially as currently conducted or significantly diminish the value of the Company and its Subsidiaries, taken as a whole. Hancxxx xxx previously made available to Newco a complete copy of each Broker-dealer's Uniform Application for Broker-Dealer Registration on Form BD, as amended to date, and complete copies of each Broker-dealer's quarterly Focus Reports and annual statements of financial condition filed since January 1, 1993. The Broker-dealers act pursuant to written agreements and related documentation (collectively, the "Broker-dealer Agreements") with parties to whom they provide broker dealer services. The Broker-dealer Agreements have not been modified by any terms that are not included in the Broker-dealer's files, and none of the Broker-dealers has violated or is in default under, any Broker-dealer Agreement, except for such violations or defaults that (i) relate to a matter set forth on SCHEDULES 4.17 OR 4.20 or (ii) relate to the actions of a registered representative of such Broker-dealer where the total liability, cost and expense relating to all actions or complaints which may be asserted at any time after the date of this EXECUTION COPY Agreement with respect to the conduct of such re...
AutoNDA by SimpleDocs
BROKERAGE CLIENTS. 22 4.21 Investment Advisory Clients...........................................................23 4.22

Related to BROKERAGE CLIENTS

  • Brokerage In connection with the services provided under subparagraph (b) of paragraph 1 of this Agreement, the Sub-Advisor shall place all orders for the purchase and sale of portfolio securities for the Portfolio's account with brokers or dealers selected by the Sub-Advisor, which may include brokers or dealers affiliated with the Advisor or Sub-Advisor. The Sub-Advisor shall use its best efforts to seek to execute portfolio transactions at prices which are advantageous to the Portfolio and at commission rates which are reasonable in relation to the benefits received. In selecting brokers or dealers qualified to execute a particular transaction, brokers or dealers may be selected who also provide brokerage and research services (as those terms are defined in Section 28(e) of the Securities Exchange Act of 1934) to the Portfolio and/or to the other accounts over which the Sub-Advisor or Advisor exercise investment discretion. The Sub-Advisor is authorized to pay a broker or dealer who provides such brokerage and research services a commission for executing a portfolio transaction for the Portfolio which is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if the Sub-Advisor determines in good faith that such amount of commission is reasonable in relation to the value of the brokerage and research services provided by such broker or dealer. This determination may be viewed in terms of either that particular transaction or the overall responsibilities which the Sub-Advisor has with respect to accounts over which it exercises investment discretion. The Trustees of the Trust shall periodically review the commissions paid by the Portfolio to determine if the commissions paid over representative periods of time were reasonable in relation to the benefits to the Portfolio.

  • Brokerage Services The following additional tasks will be performed by Xxxxxx: 194 195 196

  • Brokerage Fee Seller agrees to sell the above described Property on the terms and conditions stated in the foregoing Contract, and does hereby approve, ratify and confirm such Contract in all respects. Further, Seller acknowledges the employment of KIRE as the real estate broker in this transaction and agrees to pay said broker a fee under a previously executed listing agreement. The said brokerage fee is to be paid at the Closing of this transaction and shall be deducted from the Downpayment herein before described and disbursed from KIRE’s escrow account at Closing. If there is not a sufficient Downpayment deposited to cover the brokerage fee, the balance shall be disbursed by cashier's check or wire transfer at the time of Closing. Purchaser and Seller do hereby release, acquit, and forever discharge KIRE, its agents, servants, representatives, heirs, administrators, successors and assigns, of and from any and all actions, causes of action, claims, demands, damages, costs, loss of services, expenses and compensation, on account of, or in any way growing out of any and all known and unknown injuries and damages of whatsoever nature, whether past, present or future, and the results of such injuries and damages, incurred in connection with, occasioned by or resulting from the execution, delivery and closing of the transaction contemplated in this Contract.

  • Broker Each Note Holder represents to each other that no broker was responsible for bringing about this transaction.

  • BROKERAGE AND AGENCY Seller and Purchaser acknowledge that if they have entered into a client relationship with a Broker, that Xxxxxx has disclosed on a prior basis (1) the types of brokerage relationships offered by the Broker, (2) any other brokerage relationship which would conflict with the client’s interest, and (3) the compensation of Xxxxxx and whether commissions would be shared with other Brokers. Seller and Purchaser agree to indemnify and hold Broker harmless against all claims, damages, losses, expenses and/or liabilities arising out of or related to the purchase and sale of the real property listed above, except those arising from Broker’s intentional wrongful acts. No Broker shall owe any duty to Purchaser or Seller greater than is set forth in the Brokerage Relationships in Real Estate Transactions Act, O.C.G.A. § 10-6A-1 et seq.

  • Brokerage Fees Except as described on Section 5.13 of the Acquiror Disclosure Letter, no broker, finder, investment banker or other Person is entitled to any brokerage fee, finders’ fee or other commission in connection with the transactions contemplated by the Merger Agreement based upon arrangements made by such Sponsor, for which Acquiror or any of its Affiliates may become liable.

  • Brokerage Arrangements Neither of the Sellers has entered (directly or indirectly) into any Contract with any Person that would require the payment of a commission, brokerage or “finder’s fee” or other fee in connection with this Agreement, the Transaction Documents or the transactions contemplated hereby or thereby for which Buyer would be responsible.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Broker/Dealer Relationships Neither the Company nor any of the Subsidiaries (i) is required to register as a “broker” or “dealer” in accordance with the provisions of the Exchange Act or (ii) directly or indirectly through one or more intermediaries, controls or is a “person associated with a member” or “associated person of a member” (within the meaning set forth in the FINRA Manual).

  • Brokerage Fees and Commissions The Seller has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Buyer or the Company will incur any liability.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!