Common use of Prime Brokerage Services Clause in Contracts

Prime Brokerage Services. (a) Prior to the commencement of any prime brokerage activity, Bear Steaxxx xxxl enter into an agreement with your executing broker(s) that will set forth the terms and conditions under which your executing broker(s) will be authorized to accept orders from you for settlement by Bear Steaxxx (xxe "Prime Brokerage Agreement"). Bear Steaxxx xxxl accept for clearance and settlement trades executed on your behalf by such executing broker(s) as you may designate from time to time. On the day following each such transaction, Bear Steaxxx xxxl send you a notification of each trade placed with your executing broker for settlement by us based upon the information provided by you or your agent.

Prime Brokerage Services. (a) a. Prior to the commencement of any prime brokerage activity, Bear Steaxxx xxxl Stearns will enter into an agreement with your executing broker(sbxxxxx(x) that will set forth the terms and conditions under which your executing broker(s) will be authorized to accept orders from you for settlement by Bear Steaxxx Stearns (xxe the "Prime Brokerage Agreement"). Bear Steaxxx xxxl accept Stearns wixx xxxxpt for clearance and settlement trades executed on your behalf by such executing broker(s) as you may designate from time to time. On the day following each such transaction, Bear Steaxxx xxxl Stearns will send you a notification of each trade placed with your xxur executing broker for settlement by us based upon the information provided by you or your agent.

Prime Brokerage Services. (a) a. Prior to the commencement of any prime brokerage activity, Bear Steaxxx xxxl Xxxxxxx will enter into an agreement with your executing broker(s) that will set forth the terms and conditions under which your executing broker(s) will be authorized to accept orders from you for settlement by Bear Steaxxx Xxxxxxx (xxe the "Prime Brokerage Agreement"). Bear Steaxxx xxxl Xxxxxxx will accept for clearance and settlement trades executed on your behalf by such executing broker(s) as you may designate from time to time. On the day following each such transaction, Bear Steaxxx xxxl Xxxxxxx will send you a notification of each trade placed with your executing broker for settlement by us based upon the information provided by you or your agent.