Discretionary Account. (a) If your account is managed on a discretionary basis by an investment advisor, money manager, or other person (“advisor”), you hereby acknowledge that your Prime Brokerage Transactions may be commingled with those of other accounts of your advisor (“sub- accounts”), according to your advisor’s instructions, for clearance by Pershing in a single bulk trade and for settlement in bulk with your Prime Broker. You further acknowledge that in the event the Prime Broker indicates its intention not to settle or does not settle such bulk trade because of one or more sub-accounts receiving an allocation, the Executing Broker will either cancel and rebill the bulk trade to reflect the reduction of the securities which were originally allocated to the objectionable sub-accounts or, if permissible, execute a corrected allocation of the Prime Brokerage Transaction to sub-accounts in accordance with your advisor’s instructions. To facilitate such allocation, the Executing Broker may open and carry an account in your name on Xxxxxxxx’x books and you shall be solely responsible and liable to the Executing Broker for settling such transaction directly with Pershing. You acknowledge that your advisor may resubmit the bulk trade and execute a corrected allocation of the Prime Brokerage Transaction.
(b) If you are executing this Agreement on behalf of a customer whose account is managed by you, you hereby represent and covenant to the Executing Broker that: (i) each time you execute an order on behalf of such customer, such customer is in compliance with the Minimum Net Equity requirement or you shall notify the Executing Broker otherwise; (ii) you shall not enter an order for such customer in the event such customer falls below the Minimum Net Equity requirement; (iii) you will provide the Executing Broker with such information as is necessary to enable the Executing Broker to open and maintain an account for the benefit of such customer by completing the schedule attached hereto; (iv) you have sufficient knowledge of such customer to make the representation set forth in Paragraph 19 of this Agreement; and (v) you have been duly authorized by the customer to execute this Agreement, to bind such customer to arbitration, to enter orders to effect Prime Brokerage Transactions, to execute a directive to the Executing Broker regarding the mailing of confirmations, to disclose such financial information as the Executing Broker or Pershing deems necessary to effect such transacti...
Discretionary Account. (a) If Customer account is managed on a discretionary basis by an investment advisor, money manager, or other person ("advisor"), Customer hereby acknowledge that Prime Brokerage Transactions may be commingled with those of other accounts of Customer advisor ("sub-accounts"), according to Customer advisor's instructions, for clearance by the Clearing Broker in a single bulk trade and for settlement in bulk with Prime Broker. Customer further acknowledges that in the event the Prime Broker indicates its intention not to settle or does not settle such bulk trade because of one or more subaccounts receiving an allocation, the Clearing Broker will either cancel and rebill the bulk trade to reflect the reduction of the securities which were originally allocated to the objectionable subaccounts or, if permissible, execute a corrected allocation of the Prime Brokerage Transaction to sub- accounts in accordance with Customer advisor's instructions. To facilitate such allocation, the Clearing Broker may open and carry an account in the Customer’s name on its books and Customer shall be solely responsible and liable to the Clearing Broker for settling such transaction directly with the Clearing Broker. Customer acknowledges that Customer advisor may resubmit the bulk trade and execute a corrected allocation of the Prime Brokerage Transaction.
Discretionary Account. 委託賬戶 In the event that I/we maintain and continue to operate a discretionary account with you, I/we hereby authorize you or your employee (who must be a registered person) so designated by you, to effect Transaction on my/our behalf on terms herein at your absolute discretion and at my/our own risk and that I/we shall confirm to you in writing on an annual basis whether I/we wish to specifically revoke your authority in this regard even in the absence of your notification to me/us for renewal. 若是本人(等)在貴司保留及持續操作一個委託賬戶，本人(等)茲授權予貴司或貴司指定的職員(他應是一位 註冊人)全權負責替本人(等)依照客戶協議書作出證券買賣，損失由本人(等)負責。而本人(等)將每年用書 信確認這授權是否被取銷，甚至乎不需貴司通知需否再續。
Discretionary Account. Any balance in the Discretionary Account may be used by City for any lawful Airport System purpose.
Discretionary Account. (a) If your account is managed on a discretionary basis by an investment advisor, money manager or other person ("advisor"), you hereby acknowledge that your Prime Brokerage Transactions may be commingled with those of other accounts of your advisor ("sub-accounts"), according to your advisor's instructions, for clearance by the Executing Broker in a single bulk trade and for settlement in bulk with UBS PaineWebber.
(b) If you are executing this Agreement on behalf of a customer whose account is managed by you, you hereby represent and covenant to UBS PaineWebber that (i) you have sufficient knowledge of such customer to make the representation set forth in paragraph 13 of this Agreement and (ii) you have been duly authorized by the customers identified on the attached Schedule to execute this Agreement, to bind such customer to arbitration, to enter orders to effect Prime Brokerage Transactions, and to take such other actions as are contemplated by this Agreement.
Discretionary Account. Following any and all transfers required by Section 4.06 of the Bond Ordinance and by Sections 5.06.A, 5.06.B, and 5.06.C above, any amounts remaining in the Aviation Operating Fund, less the Airline Revenue Allocation, shall be deposited in the Discretionary Account to be used by City for any lawful Airport System purpose.
Discretionary Account. Any amounts remaining in the Aviation Operating Fund, less the Airline Revenue Allocation, shall be deposited in the Discretionary Account to be used by City for any lawful Airport System purpose.
