Common use of Aggregation of Trades Clause in Contracts

Aggregation of Trades. On occasions when TINTL deems the purchase or sale of a security or futures contract to be in the best interest of one or more Funds as well as other clients of TINTL, TINTL, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities or futures contracts to be sold or purchased with those of its other clients and/or clients of its affiliated companies. In such event, allocation of the securities or futures contracts so purchased or sold, as well as the expenses incurred in the transaction, will be made by TINTL in the manner TINTL considers to be the most equitable and consistent with its fiduciary obligations to the Funds and to such other clients. RiverSource acknowledges that in some circumstances the aggregation of trades may operate to the advantage or disadvantage of the Funds.

Appears in 3 contracts

Samples: Subadvisory Agreement (Columbia Funds Variable Series Trust II), Subadvisory Agreement (Riversource Global Series Inc), Subadvisory Agreement (Riversource Global Series Inc)

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Aggregation of Trades. On occasions when TINTL deems the purchase or sale of a security or futures contract to be in the best interest of one or more Funds as well as other clients of TINTL, TINTL, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities or futures contracts to be sold or purchased with those of its other clients and/or clients of its affiliated companies. In such event, allocation of the securities or futures contracts so purchased or sold, as well as the expenses incurred in the transaction, will be made by TINTL in the manner TINTL considers to be the most equitable and consistent with its fiduciary obligations to the Funds and to such other clients. RiverSource AEFC acknowledges that in some circumstances the aggregation of trades may operate to the advantage or disadvantage of the Funds.

Appears in 2 contracts

Samples: Subadvisory Agreement (Axp Variable Portfolio Investment Series Inc), Subadvisory Agreement (Axp International Series Inc)

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Aggregation of Trades. On occasions when TINTL deems the purchase or sale of a security or futures contract to be in the best interest of one or more Funds as well as other clients of TINTL, TINTL, to the extent permitted by applicable laws and regulations, may, but shall be under no obligation to, aggregate the securities or futures contracts to be sold or purchased with those of its other clients and/or clients of its affiliated companies. In such event, allocation of the securities or futures contracts so purchased or sold, as well as the expenses incurred in the transaction, will be made by TINTL in the manner TINTL considers to be the most equitable and consistent with its fiduciary obligations to the Funds and to such other clients. RiverSource Investment Manager acknowledges that in some circumstances the aggregation of trades may operate to the advantage or disadvantage of the Funds.

Appears in 1 contract

Samples: Subadvisory Agreement (Columbia Funds Series Trust I)

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