Common use of Prime Brokerage Clause in Contracts

Prime Brokerage. Customer may maintain brokerage accounts with brokers other than BNPP PB (“Executing Brokers”) and may from time to time place orders with an Executing Broker, but designate BNPP PB as its “Prime Broker.”

Appears in 7 contracts

Samples: Account Agreement (Guggenheim Strategic Opportunities Fund), Account Agreement (Nexpoint Real Estate Strategies Fund), Account Agreement (FS Multi-Alternative Income Fund)

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Prime Brokerage. Customer may maintain brokerage accounts with brokers other than BNPP PB PB, Inc. (“Executing Brokers”) and may from time to time place orders with an Executing Broker, but designate BNPP PB PB, Inc. as its “Prime Broker.”

Appears in 1 contract

Samples: Pb Agreement (FS Credit Income Fund)

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