Brokerage Discretion Sample Clauses

Brokerage Discretion. Sub-Adviser shall have full and complete discretion to establish brokerage accounts with one or more brokers, dealers or other financial intermediaries as Sub-Adviser may select, including those which from time to time may furnish to Sub-Adviser or its affiliates statistical and investment research information and other services. Sub-Adviser will place orders with or through such brokers, dealers or other financial intermediaries in accordance with Sub-Adviser’s brokerage policies and the policy with respect to brokerage set forth in the Trust’s registration statement or as the Trustees or Adviser may direct from time to time, in conformity with federal securities laws. On occasions when Sub-Adviser deems the purchase or sale of a security to be in the best interest of the Portfolio as well as other clients of Sub-Adviser, Sub-Adviser, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities to be purchased or sold to attempt to obtain a more favorable price or lower brokerage commissions and efficient execution. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transactions, will be made by Sub-Adviser in the manner Sub-Adviser considers to be the most equitable and consistent with its fiduciary obligations to the Portfolio and to its other clients.
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Brokerage Discretion. Pursuant to the discretionary authority granted to Investment Manager, the Investment Manager may allocate a purchase or sale transaction to a broker-dealer other than AEIS if the Investment Manager believes that such allocation is consistent with Investment Manager’s obligation to seek best execution on the particular transaction. In making such an allocation, Investment Manager may consider not only available prices and commission rates (including the fact that certain transactions effected by Sponsor through AEIS are included in the Wrap Fee), but also other relevant factors such as execution capabilities, research and other services provided by the broker-dealer. You direct Sponsor to follow the instructions of Investment Manager with respect to all transactions in the Program Account, and you acknowledge and agree that Investment Manager may attempt to group orders among its clients where consistent with Investment Manager obligation to seek best execution. You understand and agree that Investment Manager may delegate its best execution obligations to Sponsor where purchases and sale transactions are made through AEIS and, in this situation, Sponsor will be responsible for fulfilling the obligations outlined in this Section.
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Brokerage Discretion. Client authorizes BMO and any Subadvisor to select and engage the broker-dealer for the execution of securities transactions for the Account and any Subaccount. Client authorizes BMO and any Subadvisor to execute any agreements for a broker-dealer on such terms and conditions as BMO or the Subadvisor in its sole discretion determines reasonable. BMO and any Subadvisor may, at their discretion and subject to their duty to seek best execution, retain an affiliated broker dealer or a broker dealer who provides research services for BMO or a Subadvisor, if any, which may not directly benefit Client. In selecting a broker-dealer, BMO and any Subadvisor may take into consideration, in addition to commission rates and other compensation, the broker- dealer’s execution capability, operating performance, financial responsibility, responsiveness, and general reputation in the industry and the value of the services provided, including research. Where research is provided, BMO and any Subadvisor will seek to determine in good faith that the amount of commission is reasonable in relation to the value of brokerage and research service provided. If BMO or any Subadvisor believes that the purchase or sale of a security is in the best interest of more than one client, BMO and such Subadvisor may (but are not obligated to) aggregate the securities to be sold or purchased, to the extent permitted by applicable laws and regulations and consistent with BMO’s and such Subadvisor’s duties to clients. Where trades are aggregated, the transactions, as well as the expenses incurred in the transactions, will be allocated by BMO and such Subadvisor in a manner designed to be equitable and consistent with BMO’s and such Subadvisor’s duties to clients. Client acknowledges that transactions in a specific security may not be accomplished for all clients’ accounts at the same time or at the same price. Further, despite BMO’s best efforts in processing Account transactions, trading errors may occur. It is BMO’s policy to correct any trading errors that occur so that clients are put in the position as if no error had occurred.
Sample 1
Brokerage Discretion. Investment Manager as discretionary manager over the assets in your Select Separate Account(s). Investment Manager as Model Provider. Sponsor will implement securities transactions in your Select Separate Account(s) as instructed by the Model Provider as described in Section 4 of Part I. A Model Provider has delegated its best execution obligations to Sponsor where purchases and sale transactions are made through AEIS and, in this situation, Sponsor will be responsible for fulfilling the obligations outlined in this section, except that Sponsor will
Sample 1
Brokerage Discretion. Pursuant to the discretionary authority granted to Investment Manager, the Investment Manager may allocate a purchase or sale transaction to a broker- dealer other than AEIS if the Investment Manager believes that such allocation is consistent with the Investment Manager’s obligation to seek best execution on the particular transaction. In making such an allocation, the Investment Manager may consider not only available prices and commission rates (including the fact that certain transactions effected by Sponsor through AEIS are included in the Asset-based Fee), but also other relevant factors such as execution capabilities, research and other services provided by the broker-dealer. You direct Sponsor to follow the instructions of the Investment Manager with respect to all transactions in the Account, and you acknowledge and agree that the Investment Manager may attempt to group orders among its clients where consistent with the Investment Manager’s obligation to seek best execution. You understand and agree that the Asset-based Fee does not include, and you will be responsible and charged separately for, commissions or transaction costs for these transactions effected through a broker-dealer other than AEIS. You understand and agree that the Investment Manager may delegate its best execution obligations to Sponsor where purchases and sale transactions are made through AEIS and, in this situation, Sponsor will be responsible for fulfilling the obligations outlined in this section, except that Sponsor will only allocate trades to AEIS.
Sample 1
Brokerage Discretion. Pursuant to the discretionary authority granted, Envestnet may allocate the purchase or sale transaction to a broker-dealer other than AEIS if Envestnet believes that such allocation is consistent with Envestnet’s obligation to seek best execution on the particular transaction. In making such an allocation, Envestnet may consider not only available prices and commission rates (including the fact that certain transactions effected by Sponsor through AEIS are included in the Asset-based Fee), but also other relevant factors such as execution capabilities, research and other services provided by the broker- dealer. You direct Sponsor to follow the instructions of Envestnet with respect to all transactions in the Investor Unified Account, and you acknowledge and agree that Envestnet may attempt to group orders among its clients where consistent with Envestnet’s obligation to seek best execution. You understand and agree that Envestnet may delegate its best execution obligations to Sponsor where purchases and sale transactions are made through AEIS and, in this situation, Sponsor will be responsible for fulfilling the obligations outlined in this section, except that Sponsor will only allocate trades to AEIS.
Sample 1

Related to Brokerage Discretion

  • Knowledge; Discretion All references herein to a Purchaser’s or the Company’s knowledge shall be deemed to mean the knowledge of such party based on the actual knowledge of such party’s Chief Executive Officer and Chief Financial Officer or such other persons holding equivalent offices. Unless specified to the contrary herein, all references herein to an exercise of discretion or judgment by a Purchaser, to the making of a determination or designation by a Purchaser, to the application of a Purchaser’s discretion or opinion, to the granting or withholding of a Purchaser’s consent or approval, to the consideration of whether a matter or thing is satisfactory or acceptable to a Purchaser, or otherwise involving the decision making of a Purchaser, shall be deemed to mean that such Purchaser shall decide using the reasonable discretion or judgment of a prudent lender.

  • No Liability for Good Faith Determinations The Company and the members of the Board shall not be liable for any act, omission or determination taken or made in good faith with respect to this Agreement or the Restricted Stock Units granted hereunder.

  • District’s Sole Discretion District in its sole discretion may terminate this Contract for any reason on 30 days’ written notice to Contractor.

  • Sole Discretion As the term "sole discretion" is used in this Agreement, --------------- unless otherwise defined, it will be interpreted as the exercise of reasonable discretion applying normal business practices to a contractual relationship between a company and its chairman and chief executive officer.

  • Good Faith and Commercially Reasonable Manner Performance of all obligations under this Annex, including, but not limited to, all calculations, valuations and determinations made by either party, will be made in good faith and in a commercially reasonable manner.

  • Committee Discretion The Committee has full discretion with respect to any actions to be taken or determinations to be made in connection with this Agreement, and its determinations shall be final, binding and conclusive.

  • Good Faith Efforts Contractor shall, to the extent consistent with quality, price, risk and other lawful and relevant considerations, use its good faith efforts to achieve participation by minority, women, and disadvantaged business enterprise participation in Work and services contracted to Contractor under this Contract.

  • Discretion 12.1 May not allow card transactions 12.2 Allowing total outstanding balance to exceed combined credit limit

  • Settlement Practices The Custodian shall provide to each Board the information with respect to custody and settlement practices in countries in which the Custodian employs an Eligible Foreign Custodian described on Schedule C at the time or times set forth on the Schedule. The Custodian may revise Schedule C from time to time, but no revision shall result in a Board being provided with substantively less information than had been previously provided on Schedule C.

  • Required Good Faith Efforts In accordance with 5 NYCRR § 142.8, Contractors must document their good faith efforts toward utilizing MWBEs on the Contract. Evidence of required good faith efforts shall include, but not be limited to, the following: 1. A list of the general circulation, trade, and MWBE-oriented publications and dates of publications in which the Contractor solicited the participation of certified MWBEs as subcontractors/suppliers, copies of such solicitations, and any responses thereto. 2. A list of the certified MWBEs appearing in the Empire State Development (“ESD”) MWBE directory that were solicited for this Contract. Provide proof of dates or copies of the solicitations and copies of the responses made by the certified MWBEs. Describe specific reasons that responding certified MWBEs were not selected. 3. Descriptions of the Contract documents/plans/specifications made available to certified MWBEs by the Contractor when soliciting their participation and steps taken to structure the scope of work for the purpose of subcontracting with, or obtaining supplies from, certified MWBEs. 4. A description of the negotiations between the Contractor and certified MWBEs for the purposes of complying with the MWBE goals of this Contract. 5. Dates of any pre-bid, pre-award, or other meetings attended by Contractor, if any, scheduled by OGS with certified MWBEs whom OGS determined were capable of fulfilling the MWBE goals set in the Contract. 6. Other information deemed relevant to the request.

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