Examples of Pershing Agreement in a sentence
These assets are securely stored on CFIL premises and reconciled daily.Cantor Fitzgerald have entered into an agreement ("the Pershing Agreement") with Pershing Securities International Limited ("PSIL", “Custodian”)), Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, www.pershing.ie on behalf of ourselves and each of our clients whereby PSIL has agreed to provide clearing and settlement, safe custody, and other associated services for clients whom Cantor introduces to them.
Under the Pershing Agreement you will remain a client of Xxxxxx’x but will also become a client of PSIL for settlement and custody purposes only.
A copy of those sections of the Pershing Agreement which specifically relate to the services which will be provided is available at your request.
Any Initial Investor may at any time designate in writing one or more financial institutions with a corporate investment grade credit rating (from S&P or Xxxxx’x) to make a substantially similar undertaking as that provided herein and, upon the receipt of such an undertaking by the Company in form and substance reasonably satisfactory to the Company, such Initial Investor shall be released from its obligations under this Agreement, the Fairholme Agreement or the Pershing Agreement, as applicable.
Xxxxxx has entered into an agreement ("the Pershing Agreement") with Pershing Securities International Limited ("PSIL") on behalf of ourselves and each of our clients whereby PSIL has agreed to provide settlement, safe custody, nominee and associated services for clients whom Xxxxxx introduces to them.
The current terms and conditions of PSIL and the principal terms of the Pershing Agreement are summarised below.
No election by the Company pursuant to Section 1.4 shall be made unless the Company is making a similar election under the Pershing Agreement, such that each of the aggregate number of Shares required to be purchased at Closing is allocated as among each Purchaser and among each of the Pershing Purchasers under the Pershing Agreement in accordance with the applicable GGP Pro Rata Share.
Acceptance of these terms confirms the appointment of PSIL as your custodian and provides authority for PSIL to hold your investment in safe custody, to transfer securities from your account to meet sales affected for your account, acceptance of offers, or other matters covered by our services and these terms and the Pershing Agreement.
The shifting roles of architect and contractors also should be recognized in the educational programs by developing coordination and integration capabilities in architectural schools and applied building design/engineering capabilities in construction oriented schools.
Acceptance of these terms provides authority for PSIL to hold your investment in safe custody, to transfer securities from your account to meet sales effected for your account, acceptance of offers, or other matters covered by our services and these terms and the Pershing Agreement.