Common use of Third Party Payments Clause in Contracts

Third Party Payments. Neither the Advisor, nor any of its officers, directors, employees or stockholders, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which Series J carries an account for transactions executed in Series J’s account. The parties acknowledge that a spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach on behalf of Series J, which payment shall not violate the preceding sentence.

Appears in 7 contracts

Samples: Advisory Agreement (WMT III Series G/J Trading Vehicle LLC), Amended and Restated Advisory Agreement (World Monitor Trust III - Series J), Representation Agreement (World Monitor Trust III - Series J)

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Third Party Payments. Neither the Advisor, Advisor nor any of its officers, directors, employees or stockholders, stockholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which Series J carries an account for transactions executed in Series J’s account. The parties acknowledge that a spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach on behalf of Series J, which payment shall not violate the preceding sentence.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (World Monitor Trust III - Series J)

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Third Party Payments. Neither the Trading Advisor, nor any of its officers, directors, employees or stockholders, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which Series J carries an account for transactions executed in Series J’s accountthe Account. The parties acknowledge that a spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach Program on behalf of Series J, which payment shall not violate the preceding sentence.

Appears in 1 contract

Samples: Trading Advisory Agreement (World Monitor Trust III - Series J)

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