TRADING AND DISBURSEMENT AUTHORIZATION Sample Clauses

TRADING AND DISBURSEMENT AUTHORIZATION. You have entered into an investment advisory agreement with the investment advisor named in Section V of the Account Application (and any subsequent investment adviser pursuant to assignment, merger, Acquisition or transfer) (“Advisor”), pursuant to which you have granted Advisor trading and other authority with respect to your Account. You acknowledge that you (and not LPL) are solely responsible for selecting Advisor and for the authority you grant to Advisor. You have authorized Advisor to be your agent and attorney-in-fact with respect to the Account. You authorize LPL to accept from Advisor trading instructions and other instructions related to your Account, including the disbursement of assets to you but subject to the limitations on the authority to instruct on withdrawals, transfers and disbursements set forth below. Trading instructions include but are not limited to instructions with respect to buying, selling, assigning, transferring, and trading in securities and commodities and/or contracts relating to the same on margin or otherwise, and stock option transactions, as well as with respect to all other things necessary or incidental to the furtherance of such instructions. You authorize LPL to accept from Advisor instructions relating to the reinvestment of dividends and capital gain distributions in the Account. You authorize LPL to disburse assets from Account for investment purposes and to you at the direction of Advisor. LPL will take instructions from you or Advisor regarding the termination of the advisory relationship between Advisor and you. Such instructions from you may take the form of a request to transfer all assets to another financial institution or another account at LPL. Advisor is hereby authorized to direct LPL to transfer money, securities or any other assets between the Account and (1) your other accounts (both current and future) at LPL, and (2) your accounts at external custodians (e.g., your bank) provided, that, the transferred money, securities or other assets are only sent to accounts registered in your name and you have provided us with necessary information related to your accounts at external custodians. All other transfers, withdrawals or disbursement requests delivered by Advisor to LPL may only be acted upon by LPL if such instruction includes your consent, in any form and which may be satisfied with reasonable notice to you and an opportunity to reject. You hereby ratify and confirm any and all transactions wit...
AutoNDA by SimpleDocs
TRADING AND DISBURSEMENT AUTHORIZATION. You have entered into an investment advisory agreement with the investment advisor (Advisor) named in Section V of the Account Application, pursuant to which you have granted Advisor trading authority with respect to your Account. You acknowledge that you (and not LPL) are solely responsible for selecting Advisor and for the authority you grant to Advisor. You have authorized Advisor to be your agent and attorney-in-fact with respect to the Account. You authorize LPL to accept from Advisor trading instructions and other instructions related to your Account, including the disbursement of assets to you. Trading instructions include but are not limited to instructions with respect to buying, selling, assigning, transferring, and trading in securities and commodities and/or contracts relating to the same on margin or otherwise, and stock option transactions, as well as with respect to all other things necessary or incidental to the furtherance of such instructions. You authorize LPL to accept from Advisor instructions relating to the reinvestment of dividends and capital gain distributions in the Account. You authorize LPL to disburse assets from Account for investment purposes and to you at the direction of Advisor. LPL may rely on Advisor’s instructions without any direction from you. You hereby ratify and confirm any and all transactions with LPL made by Advisor or for your Account. You agree that LPL will not be liable for any loss, liability, cost or expense for acting upon instructions from Advisor and agree to indemnify and hold LPL harmless from any such loss, liability, cost or expense.

Related to TRADING AND DISBURSEMENT AUTHORIZATION

  • Payment Authorization I authorize Xxxxx Management to collect payment of the application fee and application deposit in the amounts specified under paragraph 3 of the Disclosures.

  • Cloud Computing State Risk and Authorization Management Program In accordance with Senate Bill 475, Acts 2021, 87th Leg., R.S., pursuant to Texas Government Code, Section 2054.0593, Contractor acknowledges and agrees that, if providing cloud computing services for System Agency, Contractor must comply with the requirements of the state risk and authorization management program and that System Agency may not enter or renew a contract with Contractor to purchase cloud computing services for the agency that are subject to the state risk and authorization management program unless Contractor demonstrates compliance with program requirements. If providing cloud computing services for System Agency that are subject to the state risk and authorization management program, Contractor certifies it will maintain program compliance and certification throughout the term of the Contract.

  • UPDATING AND DISCLOSING FINANCIAL INFORMATION You will provide facts to update information contained in Your original Account application or other financial information related to You, at Our request. You also agree that We may, from time to time, as We deem necessary, make inquiries pertaining to Your employment, credit standing and financial responsibility in accordance with applicable laws and regulations. You further agree that We may give information about the status and payment history of Your Account to consumer credit reporting agencies, a prospective employer or insurer, or a state or federal licensing agency having any apparent legitimate business need for such information.

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