Prime Broker Sample Clauses

Prime Broker. Only a credit institute, a regulated investment company or another entity may be mandated. Such a prime broker will be subject to regulatory oversight and constant monitoring and will offer services to professional investors in order to primarily finance or carry out transactions with financial instruments as a counter-party, and will possibly offer other services such as the clearing and settlement of transactions, custodianship services, securities lending and customised technologies and facilities for business support. A prime broker may be appointed by the depositary as a sub-depositary, or by the AIFM as a business partner. Further information on the prime broker, if available, is available in the fund specific Appendix A "Overview of Funds".
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Prime Broker. Only a credit institution, a regulated securities firm or some other entity which is subject to a regulatory regime and continuous supervision and which offers services to professional investors primarily to fi- xxxxx or execute transactions in financial instruments as the counterparty and which possibly offers other services such as transaction clearing and settlement, custody, securities lending and bespoke operational support technology and equipment may be appointed to act as the prime broker. A prime broker may be commissioned by the Depositary to act as a sub-depositaryor by the AIFM to act as a business partner.
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Prime Broker. 5.1. Unless otherwise agreed to by separate agreement between User and Prime Broker, User acknowledges and agrees that Prime Broker may, at any time and without prior notice, bar or restrict User’s ability to execute Trades via the Service. 5.2. If for any reason any Trade entered into by User is rejected by User’s Prime Broker or FASTMATCH’s prime broker (“Rejected Trade”), such Rejected Trade shall be: (a) subject to the terms of this Agreement; and (b) liquidated at a commercially reasonable rate determined by FASTMATCH and such amount payable by either Party pursuant to liquidation shall be paid within one business day of notice of liquidation by FASTMATCH.
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Prime Broker. The Trading Advisor shall effect all transactions in futures interests for the Trading Company through the Trading Company’s separate account maintained with such commodity broker or brokers as the Trading Manager shall direct and appoint from time to time with the prior written consent of the Trading Advisor, which consent shall not be unreasonably withheld. Both Xxxxxx Xxxxxxx & Co. LLC (“MS & Co.”), Xxxxxx Xxxxxxx & Co. International Limited (“MSIL”), and Xxxxxx Xxxxxxx Capital Group Inc. (“MSCG” and collectively, the “Commodity Brokers”) may act as the clearing commodity brokers for the Trading Company, and MS & Co. and its Affiliates may act as FX forward contract counterparty for the Trading Company. MSCG and its Affiliates may act as an options on FX forward contract counterparty for the Trading Company. The Trading Manager shall provide the Trading Advisor with copies of brokerage statements.
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Prime Broker. Advisor will not take custody of any assets of the Account, but will issue settlement instructions to the Prime Broker designated by Client ("Prime Broker"). The initial Prime Broker shall be Xxxxxx Brothers. The Prime Broker may be changed from time to time upon the written instructions of Client. All transactions authorized by this Agreement shall be made by payment to or delivery by Prime Broker. Advisor shall not act as Prime Broker or at any time have possession of cash or securities of the Account with the exception where the Advisor would have custody of the certificates of unregistered convertible securities in order to effectively manage the conversion process.
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Prime Broker. The Investor's prime broker and share custodian are as set forth on Schedule 4.9.
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Prime Broker. It is possible to appoint a prime broker as a service provider. Only credit institutions, regulated Investment Firms or other parties undergoing regulatory oversight and under ongoing supervi- sion that offers services to Professional Investors, in the first line to finance or run business of the counterparty with financial instruments, and possibly also other services such as clearing and settlement of transactions, provision of deposit services, securities lending and individually adapted technologies and facilities for operational support. A prime broker may be appointed by the Depositary as sub-depositary or by AIFM as a service provider.
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Prime Broker. ❑ The Entity hereby applies for a prime brokerage account to be introduced to and carried by Clearing Firm. In addition to other applicable agreements and supplements set forth herein, the Entity agrees to abide by the Prime Brokerage Supplement, which is deemed to be a contract between me/us and Clearing Firm within the meaning of the Securities and Exchange Commission No-Action Letter on prime brokerage dated January 25, 1994. The executing brokers listed below (or on an attached sheet) shall constitute the Entity’s schedule of authorized executing brokers where the Entity maintains accounts. Upon establishing an account with another executing broker, the Entity agrees to immediately notify Clearing Firm and provide Clearing Firm with written updates of this list. If the Entity wants to use Clearing Firm as its prime broker, it agrees to maintain a minimum net liquidating account balance as may be required by Clearing Firm or any law, rule or regulation. Name of Executing Broker: Name of Executing Broker: Address: Address: Operational Contact at Executing Broker: Operational Contact at Executing Broker: Account Name/Number: Account Name/Number: Executing Broker’s Clearing Firm: Executing Broker’s Clearing Firm:
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Prime Broker. 6.1. As you have elected to utilise the services of a prime broker and have informed us of that election in the User Application Form, all instructions given by you via the System to enter into transactions will be deemed to be irrevocable orders on behalf of the Prime Broker and any resulting transactions shall be given-up to such Prime Broker. 6.2. You shall be responsible for entering into agreements or arrangements with your Prime Broker regarding all aspects of your prime brokerage relationship with respect to instructions, Orders and Transactions. You shall comply fully with the terms and conditions of such agreements and arrangements in connection with your use of the System. Your entitlement and ability to submit instructions and Orders via the System is subject to your compliance with such agreements and arrangements. You acknowledge and agree that Prime Broker may, at any time and without prior notice, bar or restrict your ability to execute transactions via the System, such Oct 13 V.1.
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Related to Prime Broker

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • REAL ESTATE BROKER Tenant represents to Landlord that Tenant has not dealt with any real estate broker with respect to this Lease except for any broker(s) listed in the Schedule, and no other broker is in any way entitled to any broker's fee or other payment in connection with this Lease. Tenant shall indemnify and defend Landlord against any claims by any other broker or third party for any payment of any kind in connection with this Lease.

  • Real Estate Brokers (See also Paragraph 15)

  • Participating Broker Dealer’s acceptance of this Agreement constitutes a representation and warranty to the Company and the Dealer Manager that Participating Broker-Dealer has established and implemented an anti-money laundering compliance program (“AML Program”) in accordance with applicable law, including applicable FINRA Rules, rules promulgated by the SEC and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act) of 2001, as amended by the USA Patriot Improvement and Reauthorization Act of 2005 (the “USA PATRIOT Act”), specifically including, but not limited to, Section 352 of the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 (the “Money Laundering Abatement Act” and together with the USA PATRIOT Act, the “AML Rules”), reasonably expected to detect and cause the reporting of suspicious transactions in connection with the sale of Primary Shares. Participating Broker-Dealer covenants that it will perform all activities it is required to perform by applicable AML Rules and its AML Program with respect to all customers on whose behalf Participating Broker-Dealer submits orders to the Company. To the extent permitted by applicable law, Participating Broker-Dealer will share information with the Dealer Manager and the Company for purposes of ascertaining whether a suspicious activity report is warranted with respect to any suspicious transaction involving the purchase or intended purchase of Primary Shares. Upon request by the Dealer Manager at any time, Participating Broker-Dealer hereby agrees to (i) furnish a written copy of its AML Program and relevant legal requirements to the Dealer Manager for review, and (ii) furnish a copy of the findings and any remedial actions taken in connection with Participating Broker-Dealer’s most recent independent testing of its AML Program. Participating Broker-Dealer further represents and warrants that (i) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act and Participating Broker-Dealer will remain in compliance with such requirements, (ii) it has Know Your Customer (KYC) policies and procedures in place, (iii) the Participating Broker-Dealer’s AML Program has been adopted by a person with sufficient authority to oversee the AML policies and procedures, and (iv) the Participating Broker-Dealer’s AML Program has education and/or training programs for officers and employees regarding AML policies and procedures. Participating Dealer shall, upon request by the Dealer Manager, provide a certification to Dealer Manager that, as of the date of such certification (i) its AML Program is consistent with the AML Rules, (ii) it has continued to implement its AML Program and has complied with the provisions of its AML Program, and (iii) it is currently in compliance with all AML Rules, specifically including, but not limited to, the Customer Identification Program requirements under Section 326 of the Money Laundering Abatement Act.

  • No Broker Neither Seller nor any Affiliate of Seller has dealt with any broker, investment banker, agent or other Person, except for Buyer or an Affiliate of Buyer, who may be entitled to any commission or compensation in connection with any Transaction.

  • Finders; Brokers Buyer is not a party to any agreement with any finder or broker, or in any way obligated to any finder or broker for any commissions, fees or expenses, in connection with the origin, negotiation, execution or performance of this Agreement.

  • Selling Broker Dealer -- A person registered as a broker-dealer and licensed as a life insurance agent or affiliated with a person so licensed, and authorized to distribute the Contracts pursuant to a sales agreement as provided for in Section 4 of this Agreement.

  • Finders and Brokers Except as set forth on Schedule 3.17, no broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission from the Purchaser, the Target Companies or any of their respective Affiliates in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of the Purchaser.

  • Broker Each Note Holder represents to each other that no broker was responsible for bringing about this transaction.

  • Affiliated Brokers The Adviser or any of its affiliates may act as broker in connection with the purchase or sale of securities or other investments for a Fund, subject to: (i) the requirement that the Adviser seek to obtain best execution and price within the policy guidelines determined by the Board and set forth in the Fund’s current prospectus and SAI; (ii) the provisions of the 1940 Act; (iii) the provisions of the Advisers Act; (iv) the provisions of the 1934 Act; and (v) other provisions of applicable law. These brokerage services are not within the scope of the duties of the Adviser under this Agreement. Subject to the requirements of applicable law and any procedures adopted by the Board, the Adviser or its affiliates may receive brokerage commissions, fees or other remuneration from a Fund for these services in addition to the Adviser’s fees for services under this Agreement.

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