Common use of Cross Transactions Clause in Contracts

Cross Transactions. Where permissible under applicable laws and regulations, IIM may engage in a cross transaction (whereby a security is purchased by one client account from another client account), provided that IIM believes such transaction is in the best interests of both accounts and IIM achieves best execution.

Appears in 5 contracts

Samples: Investment Management Agreement, Investment Management Agreement (Yellowwood Acquisition Corp), Investment Management Agreement (Yellowwood Acquisition Corp)

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