Common use of Impartial Lottery Allocation Clause in Contracts

Impartial Lottery Allocation. You agree that, in the event Bear Xxxxxxx holds on your behalf bonds or preferred stocks in street name or bearer form which are callable in part, you will participate in the impartial lottery allocation system of the called securities in accordance with the rules of the New York Stock Exchange, Inc. or any other appropriate self-regulatory organization. When any such call is favorable, no allocation will be made to any account with respect to which Bear Xxxxxxx has actual knowledge that its officers, directors or employees have any financial interest until all other customers are satisfied on an impartial lottery basis.

Appears in 3 contracts

Samples: Professional Account Agreement (Lasalle/Kross Partners Lp), Lasalle Financial Partners Lp, Lasalle Financial Partnres Limited Partnership

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Impartial Lottery Allocation. You agree that, in In the event Bear Xxxxxxx XX Xxxxxx holds on your behalf bonds or preferred stocks in street name or bearer form which are callable in part, you agree that you will participate in the impartial lottery allocation system of the called securities in accordance with the rules of the New York Stock ExchangeNYSE, Inc. or if not applicable, any other appropriate self-regulatory organization. When any such call is favorable, no allocation will be made to any account with respect to which Bear Xxxxxxx XX Xxxxxx has actual knowledge that its officers, directors or employees have any financial interest until all other customers are satisfied on an impartial lottery basis.

Appears in 3 contracts

Samples: Institutional Account Agreement, Institutional Account Agreement (Global Indemnity PLC), Institutional Account Agreement

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Impartial Lottery Allocation. You agree that, in In the event Bear Xxxxxxx XX Xxxxxx holds on your behalf bonds or preferred stocks in street name or bearer form which are arc callable in part, you agree that you will participate in the impartial lottery allocation system of the called securities in accordance with the rules of the New York Stock ExchangeNYSE, Inc. or if not applicable, any other appropriate self-regulatory organization. When any such call is favorable, no allocation will be made to any account with respect to which Bear Xxxxxxx XX Xxxxxx has actual knowledge that its officers, directors or employees have any financial interest until all other customers are satisfied on an impartial lottery basis.

Appears in 1 contract

Samples: Account Agreement (Global Indemnity PLC)

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