Brokerage Plan Sample Clauses

Brokerage Plan. The Fund may direct the Distributor to take appropriate actions to effect the purposes of the Fund's Brokerage Plan, as it may be amended from time to time, and the Distributor, when so directed by the Fund, shall take such actions, which may include, but are not necessarily limited to, directing, on behalf of the Fund or a Series thereof, and subject to the standards described in the Brokerage Plan, Security Management Company, LLC or a Sub-Advisor to allocate transactions for the purchase or sale of portfolio securities in a manner intended to increase the distribution of the Fund's shares. In accordance with the terms of the Brokerage Plan, the Fund, on behalf of a Series, shall make available to the Distributor, amounts derived from brokerage commissions paid by the Series in connection with its portfolio transactions. Such amounts shall be expended by SDI to finance the distribution-related activities described in the Plan. The Fund, on behalf of a Series, shall also make available to the Distributor, the brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of a Series. Such credits, benefits or other services shall be used by the Distributor to finance the distribution-related activities described in the Plan. The Distributor shall prepare reports for the Board of Directors of the Fund on a quarterly basis showing such information as shall be reasonably requested by the Board from time to time.
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Brokerage Plan. (a) As used herein, the term "Brokerage Enhancement Charge" refers to the use of a portion of the Fund's brokerage transactions, as authorized under the Brokerage Plan, to finance distribution an related services, as described in the Brokerage Plan, while the term "12b-1 Fee" refers to a charge against Fund Class A Share assets, as authorized under the Brokerage Plan, to finance distribution and related services of Class A Shares, as described in the Brokerage Plan.
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Brokerage Plan. (a) The Fund may direct SDI to take appropriate actions to effect the purposes of the Brokerage Plan, as may be amended from time to time, and SDI, when so directed by the Fund, shall take such actions, which may include, but are not necessarily limited to, directing, on behalf of the Fund or a Series, and subject to the standards described in the Brokerage Plan, Security Management Company, LLC or a Sub-Advisor to allocate transactions for the purchase or sale of portfolio securities in a manner intended to increase the distribution of the Fund's shares. (b) In accordance with the terms of the Brokerage Plan, the Fund, on behalf of a Series, shall make available to SDI, amounts derived from brokerage commissions paid by the Series in connection with its portfolio transactions. Such amounts shall be expended by SDI to finance the distribution related activities described in the Plan. The Fund, on behalf of a Series, shall also make available to SDI, the brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of a Series. Such credits, benefits or other services shall be used by SDI to finance the distribution related activities described in the Plan.
Sample 1Sample 2Sample 3
Brokerage Plan. In accordance with the terms of the Brokerage Plan, the Fund, on behalf of a Series, shall make available to SDI, amounts derived from brokerage commissions paid by the Series in connection with its portfolio transactions. Such amounts shall be expended by SDI to finance the distribution related activities described in the Plan. The Fund, on behalf of a Series, shall also make available to SDI, the payments, brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of a Series. Such payments, credits, benefits or other services shall be used by SDI to finance the distribution related activities described in the Plan.
Sample 1Sample 2Sample 3
Brokerage Plan. In accordance with the terms of the Brokerage Plan, the Trust, on behalf of a Series, shall make available to JNLD, amounts derived from brokerage commissions paid by the Series in connection with its portfolio transactions. Such amounts shall be expended by JNLD to finance the distribution related activities described in the Plan. The Trust, on behalf of a Series, shall also make available to JNLD, the payments, brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of a Series. Such payments, credits, benefits or other services shall be used by JNLD to finance the distribution related activities described in the Plan.
Sample 1Sample 2
Brokerage Plan. (a) The Fund may direct SDI to take appropriate actions to effect the purposes of the Brokerage Plan, as may be amended from time to time, and SDI, when so directed by the Fund, shall take such actions, which may include, but are not necessarily limited to, directing, subject to the standards described in the Brokerage Plan, Security Management Company, LLC or a Sub-Advisor to allocate transactions for the purchase or sale of portfolio securities in a manner intended to increase the distribution of the Fund's shares. (b) In accordance with the terms of the Brokerage Plan, the Fund shall make available to SDI, amounts derived from brokerage commissions paid by the Fund in connection with its portfolio transactions. Such amounts shall be expended by SDI to finance the distribution related activities described in the Plan. The Fund shall also make available to SDI, the brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of the Fund. Such credits, benefits or other services shall be used by SDI to finance the distribution related activities described in the Plan.
Sample 1Sample 2
Brokerage Plan. The Fund may direct the Distributor to take appropriate actions to effect the purposes of the Fund's Brokerage Plan, as it may be amended from time to time, and the Distributor, when so directed by the Fund, shall take such actions, which may include, but are not necessarily limited to, directing, on behalf of the Fund, and subject to the standards described in the Brokerage Plan, Security Management Company, LLC or a Sub-Advisor to allocate transactions for the purchase or sale of portfolio securities in a manner intended to increase the distribution of the Fund's shares. In accordance with the terms of the Brokerage Plan, the Fund shall make available to the Distributor, amounts derived from brokerage commissions paid by the Fund in connection with its portfolio transactions. Such amounts shall be expended by SDI to finance the distribution-related activities described in the Plan. The Fund shall also make available to the Distributor, the brokerage credits, benefits or other services received from broker-dealers executing portfolio transactions on behalf of the Fund. Such credits, benefits or other services shall be used by the Distributor to finance the distribution-related activities described in the Plan. The Distributor shall prepare reports for the Board of Directors of the Fund on a quarterly basis showing such information as shall be reasonably requested by the Board from time to time.
Sample 1Sample 2
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Related to Brokerage Plan

  • 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 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 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.

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

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • 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.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

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

  • 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.

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