Independent Broker definition
Examples of Independent Broker in a sentence
AND WHEREAS the Broker provides such services to the Company as an Independent Broker.
The fees and expenses of the Independent Broker shall be shared equally by Landlord and Tenant.
The fees and expenses of the Independent Broker and all costs incurred in connection with the appointment of the Independent Broker shall be shared equally by Landlord and Tenant.
Additionally, positions in fractional shares cannot be transferred to another broker and if the Customer wishes to sell the fractional share positions, they must be only sold via the Independent Broker.
In case of termination of services stipulated by this Brokerage Agreement by the Bank, Galt & ▇▇▇▇▇▇▇, or the Independent Broker, the Bank shall be entitled to close any open positions on the Investment Account and transfer the respective funds (less any sums/payments owed by the Customer to the Bank) from the Customer’s Investment Account to the Customer’s Bank Account opened with the Bank in reasonable time such as the Bank may determine.