Common use of DEALING ROUTING SERVICE Clause in Contracts

DEALING ROUTING SERVICE. For the avoidance of doubt, the following terms and conditions do not apply to the free share dealing service being offered in relation to Quilter plc and Old Mutual Limited shares as part of the managed separation of Old Mutual plc, as set out in the scheme circular issued by Old Mutual plc dated 20 April 2018. By submitting any instruction to transact in Securities using the PCN Dealing Routing Service (“dealing service”) the Client agrees to the following provisions: • The Client may only give instructions to transact in any Security by means of the telephonic service when operational. • Instructions will also be accepted by way of fax, e-mail, and photocopied forms. PCN reserves the right to alter the times that the telephonic service is available. • PCN will not carry out any instruction to transact Securities on behalf of the Client unless it is satisfied that the Client has been recorded as the beneficial holder of the Securities in PCN’s records. • The Client may only use the dealing service if his/her/its Securities are or will be registered in the Sub-Register. • A Client’s purchase order instruction will only be accepted and acted upon after cleared funds to cover the purchase and all related fees and charges, have been received in the Link Investor Services Proprietary Limited’s client settlement bank account. • PCN will endeavour to inform the Client if an instruction given by the Client will not be carried out unless PCN has good reason for not doing so. PCN will not be liable for refusing to carry out any instruction if it has good reason for not doing so. • Any instruction submitted by another person on behalf of the Client should not be recognised unless an original power of attorney or other appropriate authority (or a complete copy thereof certified by a commissioner of oaths) has been received and accepted by PCN. see money differently • All instructions given by the Client to the dealing service are irrevocable and shall be dealt with on the trading day immediately following the trading day on which they were received and failing that as soon as reasonably possible thereafter. • In the event that PCN’s nominated stockbroker is unable to process the entire trade due to there being insufficient buyers or sellers in the market, the balance of the trade will be kept pending by the broker for a 30-day period in terms of standard market practice. • PCN will thereafter endeavour to notify the Client of the status of the trade and the Client shall upon receipt of PCN’s notification provide a replacement instruction or cancel the balance of the trade. • No limit order or raise order will be accepted by PCN. The Client acknowledges that prices may fluctuate from the time the instruction is given until the time that the transaction is executed. • By submitting an instruction to PCN to arrange to sell any Security on his behalf, the Client warrants that:

Appears in 2 contracts

Samples: www.nedbank.co.za, www.nedbank.co.za

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DEALING ROUTING SERVICE. For the avoidance of doubt, the following terms and conditions do not apply to the free share dealing service being offered in relation to Quilter plc and Old Mutual Limited shares as part of the managed separation of Old Mutual plc, as set out in the scheme circular issued by Old Mutual plc dated 20 April 2018. By submitting any instruction to transact in Securities using the PCN Dealing Routing Service (“dealing service”) the Client agrees to the following provisions: • The Client may only give instructions to transact in any Security by means of the telephonic service when operational. Instructions will also be accepted by way of fax, e-mail, and photocopied forms. PCN reserves the right to alter the times that the telephonic service is available. • PCN will not carry out any instruction to transact Securities on behalf of the Client unless it is satisfied that the Client has been recorded as the beneficial holder of the Securities in PCN’s records. • The Client may only use the dealing service if his/her/its Securities are or will be registered in the Sub-Register. • A Client’s purchase order instruction will only be accepted and acted upon after cleared funds to cover the purchase and all related fees and charges, have been received in the Link Investor Services Proprietary Limited’s client settlement bank account. • PCN will endeavour to inform the Client if an instruction given by the Client will not be carried out unless PCN has good reason for not doing so. PCN will not be liable for refusing to carry out any instruction if it has good reason for not doing so. • Any instruction submitted by another person on behalf of the Client should not be recognised unless an original power of attorney or other appropriate authority (or a complete copy thereof certified by a commissioner of oaths) has been received and accepted by PCN. see money differently • All instructions given by the Client to the dealing service are irrevocable and shall be dealt with on the trading day immediately following the trading day on which they were received and failing that as soon as reasonably possible thereafter. • In the event that PCN’s nominated stockbroker is unable to process the entire trade due to there being insufficient buyers or sellers in the market, the balance of the trade will be kept pending by the broker for a 30-day period in terms of standard market practice. • PCN will thereafter endeavour to notify the Client of the status of the trade and the Client shall upon receipt of PCN’s notification provide a replacement instruction or cancel the balance of the trade. • No limit order or raise order will be accepted by PCN. The Client acknowledges that prices may fluctuate from the time the instruction is given until the time that the transaction is executed. • By submitting an instruction to PCN to arrange to sell any Security on his behalf, the Client warrants that:

Appears in 2 contracts

Samples: eu-assets.contentstack.com, www.quilter.com

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DEALING ROUTING SERVICE. For the avoidance of doubt, the following terms and conditions do not apply to the free share dealing service being offered in relation to Quilter plc and Old Mutual Limited shares as part of the managed separation of Old Mutual plc, as set out in the scheme circular issued by Old Mutual plc dated 20 April 2018. By submitting any instruction to transact in Securities using the PCN Dealing Routing Service (“dealing service”) the Client agrees to the following provisions: • The Client may only give instructions to transact in any Security by means of the telephonic service when operational. Instructions will also be accepted by way of fax, e-mail, and photocopied forms. PCN reserves the right to alter the times that the telephonic service is available. • PCN will not carry out any instruction to transact Securities on behalf of the Client unless it is satisfied that the Client has been recorded as the beneficial holder of the Securities in PCN’s records. • The Client may only use the dealing service if his/her/its Securities are or will be registered in the Sub-Register. • A Client’s purchase order instruction will only be accepted and acted upon after cleared funds to cover the purchase and all related fees and charges, have been received in the Link JSE Investor Services CSDP Proprietary Limited’s client settlement bank account. • PCN will endeavour to inform the Client if an instruction given by the Client will not be carried out unless PCN has good reason for not doing so. PCN will not be liable for refusing to carry out any instruction if it has good reason for not doing so. • Any instruction submitted by another person on behalf of the Client should not be recognised unless an original power of attorney or other appropriate authority (or a complete copy thereof certified by a commissioner of oaths) has been received and accepted by PCN. see money differently • All instructions given by the Client to the dealing service are irrevocable and shall be dealt with on the trading day immediately following the trading day on which they were received and failing that as soon as reasonably possible thereafter. • In the event that PCN’s nominated stockbroker is unable to process the entire trade due to there being insufficient buyers or sellers in the market, the balance of the trade will be kept pending by the broker for a 30-day period in terms of standard market practice. • PCN will thereafter endeavour to notify the Client of the status of the trade and the Client shall upon receipt of PCN’s notification provide a replacement instruction or cancel the balance of the trade. • No limit order or raise order will be accepted by PCN. The Client acknowledges that prices may fluctuate from the time the instruction is given until the time that the transaction is executed. • By submitting an instruction to PCN to arrange to sell any Security on his behalf, the Client warrants that:

Appears in 1 contract

Samples: jseinvestorservices.co.za

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