Cross Transactions. Cross transactions are transactions between the Company, on the one hand, and an account (other than the Company) that is managed or advised by the Manager, Xxxxxxxxx or one of Xxxxxxxxx’x other investment advisory affiliates, on the other hand (each a “Cross Transaction”). The Manager is authorized to execute Cross Transactions for the Company in accordance with applicable law and the Xxxxxxxxx Compliance Policies. Each of the Company and the Operating Partnership acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction. Either of the Company or the Operating Partnership may at any time, upon written notice to the Manager, revoke its consent to the Manager to execute Cross Transactions. In addition, unless approved in advance by a majority of the Company’s Independent Directors or pursuant to and in accordance with a policy that has been approved by a majority of the Company’s Independent Directors, all Cross Transactions must be effected at then-prevailing market prices.
Cross Transactions. (a) The Manager shall not cause the Company or any of its subsidiaries to purchase assets, including Target Assets, from, or sell assets, including Target Assets, to, any Manager Account (a “Cross Transaction”); provided, however, that the Manager may cause the Company or any of its subsidiaries to enter into a Cross Transaction if (i) such Cross Transaction is in the best interests of, and is consistent with the investment objectives and policies of, the Company and (ii) unless otherwise approved by a majority of the independent (as defined in the Company’s Corporate Governance Guidelines) members (the “Independent Members”) of the Board of Directors of the Company (the “Board”) or conducted in accordance with a policy that has been approved by a majority of the Independent Members, such Cross Transaction is effected at the then-current market price for the assets subject to such Cross Transaction.
Cross Transactions. Where permissible under applicable laws and regulations, IIM may engage in a cross transaction (whereby a security is purchased by one client account from another client account), provided that IIM believes such transaction is in the best interests of both accounts and IIM achieves best execution.
Cross Transactions. Cross transactions are transactions between the Company or one of its subsidiaries, on the one hand, and an account (other than the Company or one of its subsidiaries) that is managed or advised by the Manager, Xxxxxxxxx or one of Xxxxxxxxx’x other investment advisory affiliates, on the other hand (each a “Cross Transaction”). The Manager is authorized to execute Cross Transactions for the Company in accordance with applicable law and the Xxxxxxxxx Compliance Policies; provided however that the Manager shall not cause the Company to enter into any Cross Transaction involving any asset other than a Level One Asset which is being crossed at market price as determined by the Manager without the prior written approval of a majority of the Independent Trustees. The Company acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction. The Company may at any time, upon written notice to the Manager, revoke its consent to the Manager to execute Cross Transactions. In addition, unless approved in advance by a majority of the Company’s Independent Trustees or pursuant to and in accordance with a policy that has been approved by a majority of the Company’s Independent Trustees, all Cross Transactions must be effected at then-prevailing market prices.
Cross Transactions. Cross transactions are transactions between the Developer or one of its subsidiaries, on the one hand, and an account (other than the Developer or one of its subsidiaries) that is managed or advised by the Manager, or one of the Managers’ or Affiliates, on the other hand (each a “Cross Transaction”). The Manager is authorized to execute Cross Transactions for the Developer in accordance with applicable law and the Manager’s Compliance Policies. The Developer acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction. The Developer may at any time, upon written notice to the Manager, revoke its consent to the Manager to execute Cross Transactions.
Cross Transactions. Cross transactions are transactions between the Company or one of its Subsidiaries, on the one hand, and an account (other than the Company or one of its Subsidiaries) that is managed or advised by the Manager or one of the Manager’s Affiliates, on the other hand (each a “Cross Transaction”). The Manager is only authorized to execute Cross Transactions for the Company with the prior approval of a majority Company’s Independent Directors in accordance with applicable law and the Manager’s Compliance Policies. The Company acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction.
Cross Transactions. Investment Advisor may, from time to time, act on behalf of Client in buying or selling a particular security in Client's Account, and act as Investment Advisor for another client on the other side of the transaction. Investment Advisor will not be compensated for its role as agent in the transaction. Client acknowledges and authorizes Investment Advisor to perform such cross transactions. Client may revoke, at any time in writing to Investment Advisor, its consent to such cross transactions.
Cross Transactions. Cross transactions are transactions between the Company or one of its Subsidiaries, on the one hand, and an account (other than the Company or one of its Subsidiaries) that is managed or advised by the Manager or one of the Manager’s Affiliates, on the other hand (each a “Cross Transaction”). The Manager is authorized to execute Cross Transactions for the Company in accordance with applicable law and the Compliance Policies. The Company acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction. The Company may at any time, upon written notice to the Manager, revoke its consent to the Manager to execute Cross Transactions. In addition, unless approved in advance by a majority of the Company’s Directors or pursuant to and in accordance with a policy that has been approved by a majority of the Company’s disinterested Directors, all Cross Transactions must be effected at then-prevailing fair market values or prices.
Cross Transactions. There may be some circumstances in which the ADVISER deems it is in the best interest of the CLIENT to effect cross transactions with its clients or with the affiliated broker dealer. This provides an inherent conflict of interest, however in all such instances best execution for the CLIENT shall remain the goal of the ADVISER. When an agency cross transaction occurs, the CLIENT will receive a written confirmation outlining the nature/date of the transaction, and offer to provide the time of the transaction and source/amount of any remuneration the ADVISER received. The ADVISER will send an annual disclosure to the CLIENT stating the number of agency cross transactions, and total amount of commissions received by the ADVISER during that period. The ADVISER will effect no agency cross transactions in which a trade is recommended to both the buyer and seller. This Agreement gives consent to the ADVISER to transact agency cross transactions when ADVISER deems it is in the best interest of the CLIENT to do so. The consent may be revoked by the CLIENT at any time by written notice. Because of the inherent potential for conflict of interest, the ADVISER will not effect principal cross transactions in any Accounts.
Cross Transactions. Cross transactions are transactions between the Company or one of its subsidiaries, on the one hand, and an account (other than the Company or one of its subsidiaries) that is managed or advised by the Manager, Xxxxxxxxx or one of Xxxxxxxxx’x other investment advisory affiliates, on the other hand (each a “Cross Transaction”). The Manager is authorized to execute Cross Transactions for the Company in accordance with applicable law and the Xxxxxxxxx Compliance Policies; provided however that the Manager shall not cause the Company to enter into any Cross Transaction involving any asset other than a Level One Asset which is being crossed at market price as determined by the Manager without the prior written approval of a majority
