Clearing Broker Sample Clauses

Clearing Broker. My Account is carried by Xxxxxxxx, pursuant to a Clearing Agreement with Price. For a description of the functions performed for my Account by Price and Xxxxxxxx, please consult the Brokerage Account Disclosure Statement.
Sample 1
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Clearing Broker. My Account is carried by Xxxxxxxx, pursuant to a Clearing Agreement between Pershing and Price. This means that Xxxxxxxx holds my money and securities for safekeeping at the direction of Price and in accordance with the terms of the Clearing Agreement. For a description of all of the functions performed by Price and Pershing, which may not all be applicable to my Account, please consult the Disclosure Statement in Section 30 of this Agreement.
Sample 1
Clearing Broker. Nothing herein shall cause JHCC's customers to be construed or interpreted as customers of PSI for any other purpose, or to negate the intent of any other section of this Agreement, including, but not limited to, the delineation of responsibilities as set forth elsewhere in this Agreement.
Sample 1
Clearing Broker. TradePMR is a securities broker/dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority, Inc. (FINRA) and the Securities Investment Protection Corporation (SIPC). Advisor has entered into this Agreement with TradePMR, which has entered into an agreement with its clearing firm to execute and clear securities transactions in securities accounts managed by Advisor. Said clearing firm will carry and maintain such securities accounts except as otherwise provided in this Agreement. Trade-PMR, Inc. reserves the right to adjust its pricing without notice in the event of a change in pricing from its clearing firm(s).
Sample 1
Clearing Broker. BNYM Clearing, as agent, is responsible solely for the execution, clearing and/or carrying of Contracts in each Account in accordance with the terms of this Agreement. Customer and Customer’s advisor (“Advisor”), if any, are solely responsible for all investment and trading decisions for the Account. All transactions for or on Customer’s behalf in any Account maintained for Customer shall be deemed to be included in a single Account, whether or not such transactions appear on BNYM Clearing’s records in separate Accounts, either severally or jointly with others.
Sample 1
Clearing Broker. I acknowledge that I have been informed that you have entered into a clearing agreement with PERSHING, which specifies the functions and responsibilities of you and PERSHING with respect to certain matters affecting my account, and that a description of that agreement is available upon my written request.
Sample 1
Clearing Broker. The party that maintains a futures clearing account for the Customer and to which the positions resulting from orders executed by an Executing Broker pursuant to the Agreement ultimately are given up. The Clearing Broker must be licensed as a futures intermediary in its home jurisdiction, but is not required to be a member of any exchange. Section 3 of the Agreement provides that, in instances where a Clearing Broker is not a member of the exchange on which the trades are executed, it may use the services of a clearing member to clear the positions on the exchange on its behalf. However, these agents are often affiliates of the Clearing Broker in another jurisdiction (see “Use of Agents” below for clarification of when entities should be named parties to a Give-Up Agreement). Nonetheless, the Clearing Broker must remain responsible to the Customer for its obligations under the Agreement. Usually the clearing member, when acting as agent for the Clearing Broker is not a party to the Agreement; however at least one exchange, the London Metal Exchange (“LME”) does require it.
Sample 1
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Clearing Broker. If Customer's account is carried by CFG only as the clearing broker, Customer acknowledges that CFG is not responsible for the conduct, representations and statements of the introducing broker or its associated persons in the handling of Customer's account. Customer agrees to waive any claims Customer may have against CFG, and to indemnify and hold CFG harmless for any actions or omissions of the introducing broker or its associated persons.
Sample 1

Related to Clearing Broker

  • INTRODUCING BROKERS In the situation where you have been introduced to us by an introducing broker, you consent to us exchanging information with that introducing broker for the purposes of this clause 28. You may withdraw your consent by advising us accordingly in writing.

  • Clearing Purchaser shall fall all vegetative material larger than 2 inches DBH or over 5 feet high between the marked right‐of‐way boundaries and within waste and debris areas, or if not marked in the field, between the clearing limits specified on the TYPICAL SECTION SHEET. Clearing must be completed before starting excavation and embankment.

  • Selling Broker Dealer -- A person registered as a broker-dealer and licensed as a life insurance agent or affiliated with a person so licensed, and authorized to distribute the Contracts pursuant to a sales agreement as provided for in Section 4 of this Agreement.

  • The Broker Dealer understands and agrees that in performing the services covered by this Agreement, it is acting in the capacity of an independent contractor and not as an agent or employee of PEPCO, and that it is not authorized to act for, or make any representation on behalf of, PEPCO or the Insurer except as specified herein. Broker-Dealer understands and agrees that PEPCO shall execute telephone transfer orders only in accordance with the terms and conditions of the then current prospectus applicable to the contracts and/or policies and agrees that, in consideration for the Broker-Dealer's right to exercise the telephone transfer privilege, neither PEPCO nor the Insurer will be liable for any loss, injury or damage incurred as a result of acting upon, nor will they be held responsible for the authenticity of, any telephone instructions containing unauthorized, incorrect or incomplete information. Broker-Dealer agrees to indemnify and hold harmless PEPCO and the Insurer against any loss, injury or damage resulting from any telephone exchange instruction containing unauthorized, incorrect or incomplete information received from Broker-Dealer or any of its registered representatives. (Telephone instructions are recorded on tape.)

  • Broker Each Note Holder represents to each other that no broker was responsible for bringing about this transaction.

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

  • Dealer The seller of automobiles or light trucks that originated one or more of the Receivables and assigned the respective Receivable, directly or indirectly, to Ally Bank under an existing agreement between such seller and Ally Bank. Dealer Agreement: An existing agreement between Ally Bank or one of its Affiliates and a Dealer with respect to a Receivable. Default: Any occurrence that is, or with notice or the lapse of time or both would become, an Event of Default.

  • Depository Banks The Borrowers and their Subsidiaries will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

  • Dealer Manager Behringer Securities LP, an Affiliate of the Advisor, or such Person selected by the Board to act as the dealer manager for an Offering.

  • Securities Intermediary The Securities Intermediary, in acting under this Indenture, is entitled to all rights, benefits, protections, immunities and indemnities accorded to U.S. Bank Trust Company, National Association, in its capacity as Indenture Trustee under this Indenture.

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