Commodity Brokers Sample Clauses

Commodity Brokers. The Trading Advisor shall effect all transactions in futures interests for the Partnership through, and shall maintain a separate account with, such commodity broker or brokers as the General Partner shall direct. At the present time, MS&Co. shall act as the commodity broker for the Partnership, with the exception of trades on the London Metal Exchange which will be cleared by Morgan Stanley & Co. International plc, an affiliate of the General Xxxxxxr ("XXXX"). In addition, MS&Co. will act as the counterparty on all of the foreign currency forward trades for the Partnership. The General Partner shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding that MS&Co. and MSIL shall act as the commodity brokers for the Partnership, the Trading Advisor may execute trades through floor brokers other than those employed by MS&Co. and MSIL so long as arrangements are made for such floor brokers to "give-up" or transfer the positions to MS&Co. or MSIL and provided that the rates charged by such floor brokers have been approved in writing by MS&Co. Except as provided in Exhibit A hereto, the Trading Advisor will not be responsible for paying give-up fees at rates approved by MS&Co.
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Commodity Brokers. The Trading Advisor shall effect all transactions in futures interests for the Partnership through, and shall maintain a separate account with, such commodity broker or brokers as the General Partner shall direct. At the present time, Morgan Stanley DW shall act as the non-clearing commodity broker anx XX&Xo. xxxxx xxt as the clearing commodity broker for the Partnership, with the exception of trades on the London Metal Exchange which will be cleared by Morgan Stanley & Co. International Limited, an affiliate of the Genxxxx Xaxxxxx ("MSIL"). In addition, MS&Co. will act as the counterparty on all of the foreign currency forward trades for the Partnership. The General Partner shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding that MS&Co. and MSIL shall act as the clearing commodity brokers for the Partnership, the Trading Advisor may execute trades through floor brokers other than those employed by MS&Co. and MSIL so long as arrangements are made for such floor brokers to "give-up" or transfer the positions to MS&Co. and MSIL and provided that the rates charged by such floor brokers have been approved in writing by Morgan Stanley DW. Except as provided in Exhibit A, the Trading Advxxxx xixx xxx xx responsible for paying give-up fees at rates approved by Morgan Stanley DW.
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Commodity Brokers. The Trading Advisor shall effect all transactions in futures interests for the Partnership through, and shall maintain a separate account with, such commodity broker or brokers as the General Partner shall direct. At the present time, DWR shall act as the non-clearing commodity broker and CFI shall act as the clearing commodity broker for the Partnership. The General Partner shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding that CFI shall act as the clearing commodity broker for the Partnership, the Trading Advisor may execute trades through floor brokers other than those employed by CFI so long as arrangements are made for such floor brokers to "give-up" or transfer the positions to CFI and provided that the rates charged by such floor brokers have been approved in writing by DWR. The Trading Advisor will not be responsible for paying give-up fees at rates approved by DWR.
Sample 1Sample 2Sample 3
Commodity Brokers. The Trading Advisor shall effect all transactions in futures interests for the Partnership through, and shall maintain a separate account with, such commodity broker or brokers as the General Partner shall direct. At the present time, Morgan Stanley DW, shall act as the non-clearing commodity broker axx XX&Cx., xx xxxiliate of the General Partner shall act as the clearing commodity broker for the Partnership with the exception of trades on the London Metal Exchange which will be cleared by Morgan Stanley & Co. International Limited ("MSIL"), all of which axx xxxixxxxxx of the General Partner. In addition, MS&Co. will act as the counterparty on all of the foreign currency forward trades for the clearing commodity broker with respect to the London Metal Exchange). The General Partner shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding that MS&Co. and MSIL shall act as the counterparty on all of the foreign currency forward trades for the clearing commodity broker for the Partnership, the Trading Advisor may execute trades through floor brokers other than those employed by MS&Co. and MSIL so long as arrangements are made for such floor brokers to "give-up" or transfer the positions to MS&Co. and MSIL and provided that the rates charged by such floor brokers have been approved in writing by Morgan Stanley DW. The Trading Advisor will not enter into any Soft Xxxxxsxxxx Xxxxxments (as such term is defined by FSA rules).
Sample 1
Commodity Brokers. All Commodity Interests traded for the account of the Fund shall be made through such commodity broker or brokers as the Fund directs. The Advisor shall have no authority or responsibility in selecting or supervising any broker for the execution of trades of the Fund or for negotiating the commission rates to be charged therefor. At the present time, it is contemplated that the Fund will execute all trades through ADM Investor Services, a CFTC-registered futures commission merchant.
Sample 1
Commodity Brokers. The Trading Advisor shall effect all transactions in futures interests for the Partnership through, and shall maintain a separate account with, such commodity broker or brokers as the General Partner shall direct. At the present time, Xxxxxx Xxxxxxx XX, shall act as the non-clearing commodity broker and MS&Co., an affiliate of the General Partner shall act as the clearing commodity broker for the Partnership with the exception of trades on the London Metal Exchange which will be cleared by Xxxxxx Xxxxxxx & Co. International Limited (“MSIL”), all of which are affiliates of the General Partner. In addition, MS&Co. will act as the counterparty on all of the foreign currency forward trades and Xxxxxx Xxxxxxx Capital Group Inc. (“MSCG”) will act as the counterparty on all of the options on foreign currency forward trades for the clearing commodity broker. The General Partner shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding that MS&Co. shall act as the counterparty on all of the foreign currency forward trades and MSCG shall act as the counterparty on all of the options on foreign currency forward trades for the clearing commodity broker for the Partnership, the Trading Advisor may execute trades through floor brokers other than those employed by MS&Co. and MSCG so long as arrangements are made for such floor brokers to “give-up” or transfer the positions to MS&Co. and MSCG and provided that the rates charged by such floor brokers have been approved in writing by Xxxxxx Xxxxxxx XX. The Trading Advisor will not enter into any Soft Commission Agreements (as such term is defined by FSA rules).
Sample 1

Related to Commodity Brokers

  • Commodity Broker The Trading Advisor shall effect all transactions in futures interests for the Trading Company through the Trading Company’s separate account maintained with such commodity broker or brokers as the Trading Manager shall direct and appoint from time to time. Mxxxxx Sxxxxxx & Co., Incorporated (“MS & Co.”), Mxxxxx Sxxxxxx & Co. International Limited, and Mxxxxx Sxxxxxx Capital Group Inc. (“MSCG” and collectively, the “Commodity Brokers”) may act as the clearing commodity brokers for the Trading Company, and MS & Co. and its affiliates may act as foreign exchange forward contract counterparty for the Trading Company. MSCG and its affiliates may act as an options on foreign exchange forward contract counterparty for the Trading Company. The Trading Manager shall provide the Trading Advisor with copies of brokerage statements. Notwithstanding the foregoing, the Trading Advisor may execute trades through floor brokers other than those employed by MS & Co. and its affiliates so long as arrangements (including executed give-up agreements) are made for such floor brokers to “give-up” or transfer the positions to MS & Co. in conformity with the Trading Policies set forth in Exhibit A attached hereto.

  • No Brokerage The Purchaser has not incurred any obligation or liability, contingent or otherwise, for brokerage fees, finder's fees, agent's commissions, or the like in connection with this Agreement or the transactions contemplated hereby.

  • 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.

  • Directed Brokerage The Advisor may direct the Subadvisor to use a particular broker or dealer for one or more trades if, in the sole opinion of the Advisor, it is in the best interest of the Fund to do so.

  • Finders or Brokers Neither Parent nor any of its Subsidiaries has employed any investment banker, broker or finder in connection with the transactions contemplated by this Agreement who might be entitled to any fee or any commission in connection with or upon consummation of the Merger.

  • Brokers No broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of Buyer.

  • Finders; Brokers Buyer is not a party to any agreement with any finder or broker, or in any way obligated to any finder or broker for any commissions, fees or expenses, in connection with the origin, negotiation, execution or performance of this Agreement.

  • No Brokerage Fees There are no claims for brokerage commission, finders’ fees or similar compensation in connection with the transactions contemplated by this Subscription Agreement or related documents based on any arrangement or agreement binding upon Subscriber.

  • Selling Broker Dealer -- A person registered as a broker-dealer and licensed as a life insurance agent or affiliated with a person so licensed, and authorized to distribute the Contracts pursuant to a sales agreement as provided for in Section 4 of this Agreement.

  • Dealer Manager Fee The dealer manager fee payable to the Dealer Manager for serving as the dealer manager for the Offering and reallowable to Soliciting Dealers with respect to Shares sold by them, as described in the Corporation’s Prospectus.

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