Common use of Execution of Brokerage Transactions Clause in Contracts

Execution of Brokerage Transactions. Unless directed otherwise, we will arrange for the execution of securities brokerage transactions for the Assets through Fidelity who we reasonably believe will provide “best execution”. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below). We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity under any circumstances.

Appears in 6 contracts

Samples: Discretionary Investment Management Agreement, Discretionary Investment Management Agreement, Discretionary Investment Management Agreement

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Execution of Brokerage Transactions. Unless For Assets directly managed by us, unless directed otherwise, we will arrange for the transaction and execution of securities brokerage transactions for the Assets through Fidelity who a broker-dealer that we reasonably believe will provide “best execution”. .” In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below). We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity under any circumstancestransactions.

Appears in 3 contracts

Samples: Investment Management Agreement, Investment Management Agreement, Investment Management Agreement

Execution of Brokerage Transactions. Unless directed otherwise, we will arrange for the execution of securities brokerage transactions for the Assets through Fidelity who we reasonably believe will provide “best execution”. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below). We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity or Schwab under any circumstances.

Appears in 2 contracts

Samples: Discretionary Investment Management Agreement, Discretionary Investment Management Agreement

Execution of Brokerage Transactions. Unless directed otherwise, we will You direct us to arrange for the execution of securities brokerage transactions for the Assets through Fidelity Fidelity, who we reasonably believe will provide “best execution”. In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below)transactions. We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity under any circumstances.

Appears in 1 contract

Samples: Discretionary Investment Management Agreement

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Execution of Brokerage Transactions. Unless directed otherwise, we will arrange for the execution of securities brokerage transactions for the Assets through Fidelity who a broker-dealer that we reasonably believe will provide “best execution”. .” In seeking best execution, the determinative factor is not the lowest possible commission cost but whether the transaction represents the best qualitative execution, taking into consideration the full range of the Broker-Dealer’s services including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive commission rates, we may not necessarily obtain the lowest possible commission rates for Account transactions (see Exhibit A below). We will not receive any portion of the brokerage commissions and/or transaction fees charged to you by Fidelity under any circumstancestransactions.

Appears in 1 contract

Samples: Investment Management Agreement

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