Common use of Use of Brokers Clause in Contracts

Use of Brokers. The Named Fiduciary hereby directs the Trustee to use such non-affiliated brokers as the Trustee deems appropriate to provide brokerage services in connection with any purchase or sale of Sponsor Stock in accordance with directions from Participants. Commissions on the sale of Sponsor Stock shall be charged back to the Stock Fund.

Appears in 2 contracts

Samples: Trust Agreement (Zions Bancorporation, National Association /Ut/), Trust Agreement (Zions Bancorporation /Ut/)

AutoNDA by SimpleDocs

Use of Brokers. The Named Fiduciary hereby directs the Trustee to use such non-affiliated brokers as the Trustee deems appropriate to provide brokerage services in connection with any purchase or sale of Sponsor Stock in accordance with directions from Participants. Commissions on the sale of Sponsor Stock shall be charged back to the Stock Fund.. Fidelity Confidential 12 (iv) Execution of Purchases and Sales of Units. Unless otherwise directed in writing pursuant to directions that the Trustee can administratively implement, purchases and sales of units shall be made as follows:

Appears in 1 contract

Samples: Trust Agreement (Zions Bancorporation /Ut/)

AutoNDA by SimpleDocs

Use of Brokers. The Named Fiduciary hereby directs the Trustee to use such non-affiliated brokers as the Trustee deems appropriate to provide brokerage services in connection with any purchase or sale of Sponsor Stock in accordance with directions from Participants. Commissions on the purchase and sale of Sponsor Stock shall be charged back to the Sponsor Stock Fund.

Appears in 1 contract

Samples: Trust Agreement (Scotts Miracle-Gro Co)

Time is Money Join Law Insider Premium to draft better contracts faster.