Authorizing Party definition
Examples of Authorizing Party in a sentence
Through Regulation S, the SEC’s territorial approach to securi- ties regulation recognizes the primacy of the laws in which the market and transaction are located rather than focusing on the nature of the securities or the nationality of purchasers, offer- ors, or issuers.U.S. regulations dealing with extraterritorial offerings do not, however, operate in a vacuum.
On the basis of such disclosures, the Authorizing Party hereby authorizes the purchase and sale of Fidelity Mutual Funds for accounts of Participants electing the Managed Account Service.
Unless otherwise agreed by the Parties hereto, the Authorizing Parties agree that when Party A or a third party designated by Party A exercises Options, Authorizing Party 1 and/or Authorizing Party 2 shall immediately transfer all proceeds from the abovementioned exercise of Options to Party A or the third party designated by Party A at no cost.
In addition, in light of the upcoming Anticosti Island work program, several contractual positions will have to be filled, as well as drilling supervisor, geologist and drilling engineer positions.
Except the pledge under the Equity Interest Pledge Agreement, Authorizing Party 1’s stocks in Party C and/or Authorizing Party 2’s assets are not subject to any pledge, liability or other third-party encumbrance.
The parties acknowledge that Strategic Advisers may provide similar services to other trusts, accounts and plans, and that nothing in this Agreement shall require Strategic Advisers to disclose to the Authorizing Party or the Sponsor, the Plan or its Participants the existence of such other engagements, or prohibit Strategic Advisers from rendering services to such other clients.
To the extent that the Authorizing Party and the Sponsor are the same, the Authorizing Party’s execution of this Agreement shall also bind the Sponsor.
To the extent the Plan is associated with a trust for which the trustee is not an affiliate of Strategic Advisers, the Authorizing Party represents that the provisions of the trust authorize the appointment of an investment manager.
The Authorizing Party and the Sponsor acknowledge that Strategic Advisers is affiliated with other entities that may receive asset-based compensation in connection with the investment options offered under the Plan, including, but not limited to, Fidelity Mutual Funds.
Strategic Advisers shall have no duty or authority to advise or make recommendations to the Authorizing Party or the Sponsor with respect to any other matter, including without limitation, the impact of Plan rules on the management or diversification of Managed Assets.