Limit Orders. If Barings provides the Sub-Adviser with or the Sub-Adviser generates a limit order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, the FCA Rules require the Sub-Adviser, in certain circumstances, to make that order (each a “Client Limit Order”) public immediately unless it has Barings’s consent not to do so. It may not always be in Barings’s best interests to make an unexecuted order public in this way. Accordingly, by signing this Sub-Advisory Agreement, Barings instructs the Sub-Adviser not to make public immediately a Client Limit Order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, unless the Sub-Adviser decides in its absolute discretion that it is appropriate to do so.
Appears in 2 contracts
Sources: Sub Advisory Agreement (Barings Private Credit Corp), Sub Advisory Agreement (Barings Capital Investment Corp)
Limit Orders. If Barings provides the Sub-Adviser with or the Sub-Adviser generates a limit order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, the FCA Rules require the Sub-Adviser, in certain circumstances, to make that order (each a “Client Limit Order”) public immediately unless it has Barings’s consent not to do so. It may not always be in BaringsB▇▇▇▇▇▇’s best interests to make an unexecuted order public in this way. Accordingly, by signing this Sub-Advisory Agreement, Barings instructs the Sub-Adviser not to make public immediately a Client Limit Order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, unless the Sub-Adviser decides in its absolute discretion that it is appropriate to do so.
Appears in 2 contracts
Sources: Sub Advisory Agreement (Barings Private Equity Opportunities & Commitments Fund), Sub Advisory Agreement (Barings Private Equity Opportunities & Commitments Fund)
Limit Orders. If Barings provides the Sub-Adviser with or the Sub-Adviser generates a limit order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, the FCA Rules require the Sub-Adviser, in certain circumstances, to make that order (each a “Client Limit Order”) public immediately unless it has Barings’s consent not to do so. It may not always be in Barings▇▇▇▇▇▇▇’s best interests to make an unexecuted order public in this way. Accordingly, by signing this Sub-Advisory Agreement, Barings instructs the Sub-Adviser not to make public immediately a Client Limit Order in respect of shares admitted to trading on an EEA-regulated market which is not immediately executed under prevailing market conditions, unless the Sub-Adviser decides in its absolute discretion that it is appropriate to do so.
Appears in 1 contract
Sources: Sub Advisory Agreement (Barings Private Credit LLC)