Common use of Floor Brokerage Costs Clause in Contracts

Floor Brokerage Costs. The “floor brokerage,” “give-up” fees and other transaction costs charged by any floor broker, other xxxx Xxxxxxx Xxxxx, to effect Fund transactions shall be subject to the approval of Xxxxxxx Xxxxx, which shall pay such costs, such approval not to be unreasonably withheld provided that such fees and transaction costs are competitive with Xxxxxxx Xxxxx’x standard rates.

Appears in 2 contracts

Samples: Advisory Agreement (ML Winton FuturesAccess LLC), Advisory Agreement (ML BlueTrend FuturesAccess LLC)

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Floor Brokerage Costs. The "floor brokerage,” “" "give-up" fees and other transaction costs charged by any floor broker, other xxxx Xxxxxxx Xxxxx, to effect Fund transactions shall be subject to the approval of Xxxxxxx Xxxxx, which shall pay such costs, such approval not to be unreasonably withheld provided that such fees and transaction costs are competitive with Xxxxxxx Xxxxx’x Xxxxx'x standard rates.

Appears in 1 contract

Samples: Advisory Agreement (ML Winton FuturesAccess LLC)

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Floor Brokerage Costs. The “floor brokerage,” “give-up” fees and other transaction costs charged by any floor broker, other xxxx Xxxxxxx Xxxxx, to effect Fund transactions shall be subject to the approval of Xxxxxxx Xxxxx, which shall pay such costs, such approval not to be unreasonably withheld or delayed provided that such fees and transaction costs are competitive with Xxxxxxx Xxxxx’x standard rates.

Appears in 1 contract

Samples: Advisory Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC)

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