Execution Criteria Clause Samples
The Execution Criteria clause defines the specific conditions or standards that must be met for a contract, project, or deliverable to be considered successfully completed. Typically, this clause outlines measurable benchmarks, required documentation, or performance metrics that the parties agree upon in advance. For example, it may specify that a software product must pass certain tests or that a construction project must meet regulatory inspections. Its core practical function is to provide clear, objective guidelines for assessing completion, thereby reducing ambiguity and potential disputes between parties.
Execution Criteria. When executing a deal, we will take into account a number of criteria for determining the relative importance of the execution factors noted above. These include the nature of the order, the characteristics of the financial instruments that are the subject of that order and the characteristics of the execution venues to which that order can be directed.
Execution Criteria. The execution criteria that will be taken into account are the characteristics of:
i. the client;
ii. the order;
iii. the financial instruments that are the subject of that order; and
iv. the execution venues to which that order can be directed.
Execution Criteria. When executing a deal, BlackRock will take into account a number of criteria for determining the relative importance of the execution factors noted above. These include a Customer’s status, either as a Retail client or as a Professional client, the nature of the order, the characteristics of the financial instruments that are the subject of that order and the characteristics of the execution venues to which that order can be directed.