Execution of Sales Sample Clauses

Execution of Sales. (A) Sales of Gallaher ADRs in the Gallaher Fund shall be made on the date on which xxx Xxxstee receives xxxx Xxrtune in good order all information and documentation necessary to accurately effect such transactions. Exchange of units out of the Gallaher Fund shall be made in accordance with the Schedule of Exchanxx Xxxxxlines provided by the Trustee and signed by Fortune and the Trustee. The Trustee may follow directions from Fortune to deviate from the above sale procedures provided that such direction is made in writing by Fortune. (B) Use of an Affiliated Broker. Fortune hereby directs the Trustee to use Capital Markets to provide brokerage services in connection with any sale of Gallaher ADRs in accordance with directions from Plan Participants. Cxxxxxx Xarkets shall execute such directions directly or through NFSC. The provision of brokerage services shall be subject to the following: (1) As consideration for such brokerage services, Fortune agrees that Capital Markets shall be entitled to remuneration under this direction provision in an amount of no more than three and one-fifth cents ($.032) commission on each Gallaher ADR. Any change in such remuneration may be made only by a sxxxxx xxreement between Fortune and Trustee. (2) The Trustee will provide Fortune with a description of Capital Markets' brokerage placement practices and a form by which Fortune may terminate this direction to use a broker affiliated with the Trustee. The Trustee will provide Fortune with this termination form annually, as well as quarterly and annual reports which summarize all securities transaction-related charges incurred by the Plan. (3) Any successor organization of Capital Markets, through reorganization, consolidation, merger or similar transactions, shall, upon the consummation of such transaction, become the successor broker in accordance with the terms of this direction. (4) The Trustee and Capital Markets shall continue to rely on this direction provision until notified to the contrary. Fortune reserves the right to terminate this direction upon written notice to Capital Markets (or its successor) and the Trustee, in accordance with Section 16 of this Agreement.
AutoNDA by SimpleDocs
Execution of Sales. To implement transactions regarding investments in Abbott Stock, including purchases, redemptions and exchanges, the Trustee shall purchase or sell Abbott Stock on the open market, as the case may be, as soon as practicable following the date on which the Trustee receives from the Co-Trustees in good order all information and documentation necessary to effect such purchase or sale. However, the Trustee may accumulate all like purchases into a single batch and may accumulate all like sales as a result of receiving instructions for redemptions and exchanges out of Abbott Stock into a single batch, but shall not be required to do so. The Trustee may purchase or sell Abbott Stock from or to the Company if the sale is for at least adequate consideration (within the meaning of Section 3(18) of ERISA), the purchase is for no more than adequate consideration, and no commission is charged. The Trustee and the Co-Trustees may, in an appendix to this Section 8, agree upon such prescribed dates for sales of Abbott Stock and such rules and conventions in connection with such purchases and sales as they may find mutually acceptable.

Related to Execution of Sales

  • Xxxx of Sale The Xxxx of Sale, duly executed by Purchaser; and

  • Bxxx of Sale The Bxxx of Sale covering the Personal Property, in the form attached hereto as Exhibit D.

  • Notification of Sale Optionee agrees that Optionee, or any person acquiring shares upon exercise of this option, will notify the Bancorp not more than five (5) days after any sale or other disposition of such shares.

  • Confirmation of Sale The Investor acknowledges and agrees that such Investor’s receipt of the Company’s counterpart to this Agreement, together with the Prospectus Supplement (or the filing by the Company of an electronic version thereof with the Commission), shall constitute written confirmation of the Company’s sale of Shares to such Investor.

  • Suspension of Sales If and whenever the determination of net asset value is suspended and until such suspension is terminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have been placed with Distributors before it had knowledge of the suspension. In addition, the Issuer reserves the right to suspend sales and Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the best interests of the Issuer to do so. Suspension will continue for such period as may be determined by the Issuer.

  • Execution of Agreements The Purchasers shall have executed this Agreement and delivered this Agreement to the Company.

  • Execution of Agreement The HSP represents and warrants that: (a) it has the full power and authority to enter into this Agreement; and (b) it has taken all necessary actions to authorize the execution of this Agreement.

  • Facilitation of Sales Pursuant to Rule 144 To the extent it shall be required to do so under the Exchange Act, the Company shall timely file the reports required to be filed by it under the Exchange Act or the Securities Act (including the reports under Sections 13 and 15(d) of the Exchange Act referred to in subparagraph (c)(1) of Rule 144), and shall take such further action as any Holder may reasonably request, all to the extent required from time to time to enable the Holders to sell Registrable Securities without registration under the Securities Act within the limitations of the exemption provided by Rule 144. Upon the request of any Holder in connection with that Holder’s sale pursuant to Rule 144, the Company shall deliver to such Holder a written statement as to whether it has complied with such requirements.

  • Execution of Supplemental Instruments Execute and deliver to Agent from time to time, upon demand, such supplemental agreements, statements, assignments and transfers, or instructions or documents relating to the Collateral, and such other instruments as Agent may request, in order that the full intent of this Agreement may be carried into effect.

  • Execution of Supplemental Agreements In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement. The Agent may, but shall not be obligated to, enter into any such supplemental agreement which affects the Agent's own rights, duties or immunities under this Agreement or otherwise.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!