Execution Only Transactions Sample Clauses

Execution Only Transactions. You may direct Xxxxxx to undertake an execution only transaction on your behalf even if you hold a Discretionary account. An execution only transaction is a transaction executed by Xxxxxx upon your specific instructions where Xxxxxx does not give advice on the merits of that transaction. It may also be a transaction, where you either (a) elect explicitly to act as an execution-only client or (b) place an order for a transaction, or a series of transactions, that is contrary to the specific advice of Xxxxxx or (c) when asked for advice on the merits of a particular transaction, or series of transactions, Xxxxxx explicitly states that they are not in a position to give such advice. Where you initiate or propose an execution only transaction to deal in a non-complex instrument Xxxxxx will not assess the suitability or appropriateness of the instrument for you and therefore you will not benefit from the protection of conduct of business rules as regards suitability or appropriateness. Xxxxxx will not advise you on the merits of the transaction and you will be solely responsible for all investment decisions. Xxxxxx will advise you if it is of the view that an instruction is not within the category of non-complex instruments. In such circumstances our obligation is limited to assessing your knowledge and experience to understand the risks involved with the product or service based on information that you have provided to us to ascertain if the transaction is appropriate for you. You will not benefit from the protection of conduct of business rules as regards suitability. Xxxxxx will not advise you on the merits of the transaction and you will be solely responsible for all investment decisions. In the event that we determine that the instruction is not within the category of non-complex instruments and that it is not appropriate for you, we are obliged to warn you of the risks involved before proceeding with the trade and if we consider that the transaction is not in your best interest then we may be obliged not to proceed with the trade. It is your responsibility to ensure that the instruction is lawful and does not amount to insider dealing, market manipulation or is a breach of any securities law or other law or regulation. Warning: For execution only transactions, Xxxxxx will not provide any investment advice or assess its suitability for you (or its appropriateness where it is a non-complex instrument) and will have no liability or obligation to you in relat...
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Execution Only Transactions. You may direct Xxxxxx to undertake an execution only transaction on your behalf even if you hold an Advisory account. An execution only transaction is a transaction executed by Xxxxxx upon your specific instructions where Xxxxxx does not give advice on the merits of that transaction. It may also be a transaction, where you either (a) elect explicitly to act is appropriate for you. You will not benefit from the protection of conduct of business rules as regards suitability. Xxxxxx will not advise you on the merits of the transaction and you will be solely responsible for all investment decisions. Warning: Failure to provide sufficient information regarding your knowledge or experience will mean that Cantor cannot determine if the relevant financial instrument/product or service is appropriate for you. In the event that we determine that the instruction is not within the category of non-complex instruments and that it is not appropriate for you, we are obliged to warn you of the risks involved before proceeding with the trade and if we consider that the transaction is not in your best interest then we may be obliged not to proceed with the trade. It is your responsibility to ensure that the instruction is lawful and does not amount to insider dealing, market manipulation or is a breach of any securities law or other law or regulation. Warning: For execution only transactions, Xxxxxx will not provide any investment advice or assess its suitability for you (or its appropriateness where it is a non-complex instrument) and will have no liability or obligation to you in relation to the transaction.
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Execution Only Transactions. The receipt of explicit written instructions from you to HFS to arrange a specific investment product, transaction, or service, with a specific product producer, is known as an Execution Only transaction. HFS will have no input into the transaction beyond facilitating your request. Such transactions are exempt from detailed Know Your Customer and Statement of Suitability requirements under the CPC 2012. To facilitate such a transaction, HFS must be in receipt of a signed declaration beforehand. This declaration will require you to confirm that you wish to proceed, having considered, understood and accepted all the following: • That you have not received any advice on the transaction from HFS, • That you have not received a Suitability Statement from HFS on the transaction, • That you have given explicit instruction for HFS to complete the transaction on an Execution Only basis. Client Asset Account A Client Asset Account (CAA) is an account maintained by HFS to facilitate client's monies for a brief period whilst awaiting onward transmission. HFS retains control of CAA's, which are clearly designated as such with the respective custodians. All monies in these accounts are readily identifiable as wholly separate from HFS own corporate monies. We will make every effort to minimise the time in which these monies are held in such accounts. Where client monies must be remitted through a HFS CAA, interest will not be paid. At any point it is possible that more than one client's monies are held in this account. HFS undertakes a daily reconciliation recording the beneficial owners of all client monies held in the CAA. HFS CAA's are subject to external audit bi-annually and Client Asset Regulations as issued by Central Bank of Ireland. HFS operates a number of CAA's with credit institutions or eligible custodians, but HFS cannot be held liable in the event of default by a third party institution. A list of credit institutions where HFS have CAA's is available upon request. In signing these Terms of Business you give consent to HFS to pooling client monies in a CAA. Where your monies are held either by a credit institution, other qualified custodian, or by an overseas third party, these institutions are acting as a third party custodian. In the event that the custodian defaults, there is a risk that some or all of your monies may be lost. HFS accepts no responsibility and is not liable for any losses that may occur in the event of third party default. Custody The in...
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Execution Only Transactions. We will not advise you about a particular transaction if we reasonably believe that when you gave the order for that transaction, you were not expecting advice. We will deem such orders to be ‘execution only’ and accept no liability for the merits or suitability of the transaction. Similarly, we will deal on an execution only basis for discretionary and advisory clients, where we believe that a particular transaction, as instructed by you, is not in accordance with your usual specific risk objectives. When a transaction is carried out on this basis we will let you know, either at the time the transaction is carried out, or on a contract note despatched to you. Under FCA rules we must ensure that for complex investments (for example derivatives or warrants), those investments must be appropriate, based on our knowledge of your circumstances. If we believe a trade is inappropriate we will inform you of this and may refuse to undertake the trade.
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Related to Execution Only Transactions

  • Mergers, Reorganizations and Equity Transfers Each of the Company and any Sponsor Affiliates acknowledges that any mergers, reorganizations or consolidations of the Company and such Sponsor Affiliates may cause the Project to become ineligible for negotiated fees in lieu of taxes under the FILOT Act absent compliance by the Company and such Sponsor Affiliates with the Transfer Provisions; provided that, to the extent provided by Section 12-44- 120 of the FILOT Act or any successor provision, any financing arrangements entered into by the Company or any Sponsor Affiliates with respect to the Project and any security interests granted by the Company or any Sponsor Affiliates in connection therewith shall not be construed as a transfer for purposes of the Transfer Provisions. Notwithstanding anything in this Fee Agreement to the contrary, it is not intended in this Fee Agreement that the County shall impose transfer restrictions with respect to the Company, any Sponsor Affiliates or the Project as are any more restrictive than the Transfer Provisions.

  • MERGER AND CONSOLIDATION The Company will not consolidate with or merge with or into, or convey, transfer or lease all or substantially all its assets to, any Person, unless:

  • Mobile Banking Transactions At the present time, you may use Mobile Banking to: • Transfer funds between your savings, checking, and Club accounts. • Make loan payments from your savings, checking, and Club accounts. • Obtain account balance and transaction history on your savings, checking, and Club accounts. • Obtain information on your loan account balance, transaction history, payment due dates, loan payoff amounts and finance charges. • Make xxxx payments from your savings or checking account using the Mobile Xxxx Xxxxx service . When you register for Mobile Banking, designated accounts and payees (or billers) linked to your account through Online Banking will be accessible through the Mobile Banking service.

  • CERTIFICATION AND DISCLOSURE REGARDING PAYMENTS TO INFLUENCE CERTAIN FEDERAL TRANSACTIONS (SEP 2007). This clause applies only if this contract exceeds (i) $100,000 if included in Buyer's customer RFP or customer contract issued before October 1, 2010 or (ii) $150,000 if included in Buyer's customer RFP issued on or after October 1, 2010, or if the prime contract was issued prior to October 1, 2010 but was amended after October 1, 2010 to increase the Simplified Acquisition Threshold.

  • Affiliate Transactions Borrower shall not enter into, or be a party to, any transaction with an Affiliate of Borrower or any of the partners, members or shareholders, as applicable, of Borrower except in the ordinary course of business and on terms which are no less favorable to Borrower or such Affiliate than would be obtained in a comparable arm’s-length transaction with an unrelated third party.

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.

  • Mergers (a) The Trust may not consolidate, amalgamate, merge with or into, or be replaced by, or convey, transfer or lease its properties and assets substantially as an entirety to any Person, except as described in Section 3.15(b) and (c) or Section 8.2.

  • OVERSEAS TRANSACTIONS 13.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets.

  • Online Banking Transactions At the present time, you may use Online Banking to: • Transfer funds between your savings, checking, and Club accounts. • Withdraw funds from your savings, checking, and Club accounts. • Make loan payments from your savings, checking and Club accounts. • Obtain account balance and transaction history on your savings, checking, and Club accounts. • Obtain information on your loan account balance, transaction history, payment due dates, loan payoff amounts and finance charges. • Review available copies of eStatements and tax information. • Make bill payments from your checking account using the Bill Pay service. Transactions involving your savings and checking accounts will be subject to the terms of your Membership and Account Agreement. Transactions involving your loan accounts will be subject to your applicable Loan Agreement and Disclosures.

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

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