Common use of Portfolio Transactions and Brokerage Clause in Contracts

Portfolio Transactions and Brokerage. a. OFI is authorized, in arranging the purchase and sale of the Fund's portfolio securities, to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions as well as to obtain, consistent with the provisions of subparagraph (c) of this paragraph 7, the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 34 contracts

Samples: Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds), Investment Advisory Agreement (Oppenheimer Variable Account Funds)

AutoNDA by SimpleDocs

Portfolio Transactions and Brokerage. a. (a) OFI is authorized, in arranging the purchase and sale of the Fund's portfolio securities, to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions as well as to obtain, consistent with the provisions of subparagraph (c) of this paragraph 7, the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 19 contracts

Samples: Investment Advisory Agreement (Oppenheimer Integrity Funds), Investment Advisory Agreement (Oppenheimer Global Opportunities Fund), Investment Advisory Agreement (Oppenheimer Champion Income Fund)

Portfolio Transactions and Brokerage. a. (a) OFI (and any Sub Advisor) is authorized, in arranging the purchase and sale of the Fund's portfolio securities, securities of the Company to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions of the Company as well as to obtain, consistent with the provisions of subparagraph (c) of this paragraph 7, the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc), Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc)

Portfolio Transactions and Brokerage. a. OFI is authorized, in arranging the purchase and sale of the Fund's portfolio securities, to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), (hereinafter "broker-dealers"), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions as well as to obtain, consistent with the provisions of subparagraph "(c) )" of this paragraph 7, "8," the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund), Investment Advisory Agreement (Oppenheimer Gold & Special Minerals Fund)

AutoNDA by SimpleDocs

Portfolio Transactions and Brokerage. a. (a) OFI is authorized, in arranging the purchase and sale of the Fund's portfolio securities, securities of the Company to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions of the Company as well as to obtain, consistent with the provisions of subparagraph (c) of this paragraph 7, the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 1 contract

Samples: Investment Advisory Agreement (Oppenheimer Quest Value Fund Inc)

Portfolio Transactions and Brokerage. a. (a) OFI is authorized, in arranging the purchase and sale of the Fund's portfolio securitiessecurities of the Company, to employ or deal with such members of securities or commodities exchanges, brokers or dealers (hereinafter "broker-dealers"), including "affiliated" broker-dealers (as that term is defined in the Investment Company Act), as may, in its best judgment, implement the policy of the Fund to obtain, at reasonable expense, the "best execution" (prompt and reliable execution at the most favorable security price obtainable) of the Fund's portfolio transactions of the Company as well as to obtain, consistent with the provisions of subparagraph (c) of this paragraph 7, the benefit of such investment information or research as will be of significant assistance to the performance by OFI of its investment management functions.

Appears in 1 contract

Samples: Investment Advisory Agreement (Oppenheimer Quest Capital Value Fund Inc)

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