Common use of Clearing Charges Clause in Contracts

Clearing Charges. See Schedule A attached hereto and incorporated herein by reference. In no event shall the fees charged in this Article II for the above services be in contravention of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the Investment Advisers Act of 1940, as amended, and the Employee Retirement Income Security Act of 1974, as amended, or any rules or regulations thereunder, or any other law, n or regulation, Federal, state or local, or any constitution, by-law, rule, regulation or instrument corresponding to the foregoing, or stated policy or practice of any National Securities Exchange or other securities exchange or association or other regulatory or self-regulatory body or agency ("Laws and Regulations"). In the event that such fees are deemed by the Clearing Firm to be in contravention of the Laws and Regulations, they shall be replaced with fees mutually agreed upon by the Clearing Firm and the Introducing Firm.

Clearing Charges. See Schedule A Appendix I attached hereto and incorporated herein by reference. In no event shall the fees charged in this Article II for the above services be in contravention of the Securities Act of 1933, as amended, the Securities Security Exchange Act of 1934, as amended, the Investment Advisers Act of 1940, as amended, and the Employee Retirement Income Security Act of 1974, as amended, or any rules or regulations thereunder, or any other law, n rule or regulation, Federalfederal, state or local, or any constitution, by-law, rule, regulation or instrument corresponding to the foregoing, or stated policy or practice of any National Securities Exchange or other securities exchange or association or other regulatory or self-regulatory body or agency ("Laws and Regulations"). In the event that such fees are deemed by the Clearing Firm to be in contravention of the Laws and Regulations, they shall be replaced with fees mutually agreed upon by the Clearing Firm and the Introducing Firm.

Clearing Charges. See Schedule A attached hereto and incorporated herein by reference. In no event shall the fees charged in this Article II for the above services be in contravention of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the Investment Advisers Act of 1940, as amended, and the Employee Retirement Income Security Act of 1974, as amended, or any rules or regulations thereunder, or any other law, n rule or regulation, Federal, state or local, or any constitution, by-law, rule, regulation or instrument corresponding to the foregoing, or stated policy or practice of any National Securities Exchange or other securities exchange or association or other regulatory or self-regulatory body or agency ("Laws and Regulations"). In the event that such fees are deemed by the Clearing Firm to be in contravention of the Laws and Regulations, they shall be replaced with fees mutually agreed upon by the Clearing Firm and the Introducing Firm.