PROXIES, REORGANIZATIONS, AND LEGAL PROCEEDINGS Sample Clauses

PROXIES, REORGANIZATIONS, AND LEGAL PROCEEDINGS. Client acknowledges and agrees that WFA will be responsible for voting proxies with respect to securities held in the Account. Client may rescind this authorization by providing written instructions to the Introducing Firm appointing either Client or another third party authorized to act on behalf of Client with respect to proxies. As indicated on the Manager Profile, if trading authority is allocated to the Discretionary Manager, Client authorizes the Discretionary Manager to act (or to refrain from acting) with respect to reorganization information related to securities, or the issuer thereof, held or formerly held in the Sub-Account managed by such Discretionary Manager as determined in the sole discretion of the Discretionary Manager. Introducing Firm, Clearing Agent, and Sub- Advisors will not be obligated to render any advice or take any action with respect to such reorganization information. Introducing Firm's, Clearing Agent's and Sub-Advisors' sole obligation with respect to reorganization information will be to act in accordance with the instructions (if any) received from such Manager. Where WFA retains trading authority, Client authorizes WFA to act (or refrain from acting) on such reorganization information. Client may rescind these authorizations by providing written instructions to Introducing Firm appointing either Client or a third party authorized to act on Client’s behalf. With respect to the securities, held or formerly held in the Account, or the issuer thereof, which become the subject of legal proceedings, including bankruptcy or class action, Client directs Introducing Firm to forward information related to such legal proceedings directly to Client. Introducing Firm, with respect to the securities held or formerly held in the Account, or the issuer thereof, which become the subject of a legal proceedings, including Clearing Agent, Sub-Advisors and the Managers will not be obligated to render any advice or take any action with respect to legal proceedings. Introducing firm's sole obligation will be to forward such information within a reasonable period of time to Client and act on the instructions (if any) received from Client.
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PROXIES, REORGANIZATIONS, AND LEGAL PROCEEDINGS. With respect to proxy and reorganization information for securities held or formerly held in the Account or the issuer thereof, Client directs Introducing Firm to forward all such information to the Masters Manager selected in Section 1 and authorizes such Masters Manager to act (or to refrain from acting) with respect to such information as determined in the sole discretion of the Masters Manager. Introducing Firm will not be obligated to render any advice or take any action with respect to such information. Introducing Firm's sole obligation will be to forward such information within a reasonable period of time to such Masters Manager and to act in accordance with the instructions (if any) received from such Masters Manager. Client may rescind this authorization by providing written instruction to Introducing Firm appointing either Client or another third party authorized to act on behalf of Client with respect to proxy and reorganization information. With respect to the securities held or formerly held in the Account, or the issuer thereof, which become the subject of a legal proceeding, including bankruptcy, Client directs Introducing Firm to forward information related to such legal proceeding directly to Client. Introducing Firm and the Masters Manager will not be obligated to render any advice or take any action with respect to legal proceedings. Introducing Firm's sole obligation will be to forward such information within a reasonable period of time to Client and acting on the instructions (if any) received from Client.
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PROXIES, REORGANIZATIONS, AND LEGAL PROCEEDINGS. As indicated on the Manager Profile, if trading authority is allocated to the Manager, Client directs Introducing Firm to forward proxy and reorganization information related to securities, or the issuer of securities, held or formerly held in the Account to the Manager. Additionally, Client authorizes the Manager to act (or refrain from acting) on such proxy and reorganization information. Where WFA retains trading authority, Client authorizes WFA to act (or refrain from acting) on such proxy and reorganization information. Client may rescind these authorizations by providing written instruction to Introducing Firm appointing either Client or a third party authorized to act on Client’s behalf. With respect to the securities held or formerly held in the Account, or the issuer thereof, which become the subject of a legal proceeding, including bankruptcy, Client directs Introducing Firm to forward information related to such legal proceeding directly to Client. Introducing Firm and the Manager will not be obligated to render any advice or take any action with respect to legal proceedings. Introducing Firm's sole obligation will be to forward such information within a reasonable period of time to Client and acting on the instructions (if any) received from Client.
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Related to PROXIES, REORGANIZATIONS, AND LEGAL PROCEEDINGS

  • No Legal Proceedings No suit, action or other legal or administrative proceedings before any court or other governmental agency shall be pending or threatened seeking to enjoin the consummation of the Transactions contemplated hereby.

  • CONSOLIDATION OF PROCEEDINGS a. It is understood that the County is entering into this type of agreement with exclusive representatives of other representation units of County employees. The County Executive or his/her designee shall be authorized to order the consolidation for purposes of hearing and decision of a complaint by the Association with one (1) or more complaints by exclusive representatives of other representation units, except as to unit representatives who file their complaints on dates which preclude the scheduling of the consolidated hearing.

  • CONTROL; OWNERSHIP; LEGAL PROCEEDINGS The Applicant shall immediately notify the District and Comptroller’s office in writing of any actual or anticipated change in the control or ownership of the Applicant and of any legal or administrative investigations or proceedings initiated against the Applicant related to the project regardless of the jurisdiction from which such proceedings originate.

  • Legal Proceedings Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, there are no legal, governmental or regulatory investigations, actions, suits or proceedings pending to which the Company or any of its subsidiaries is or may be a party or to which any property of the Company or any of its subsidiaries is or may be the subject that, individually or in the aggregate, if determined adversely to the Company or any of its subsidiaries, could reasonably be expected to have a Material Adverse Effect; no such investigations, actions, suits or proceedings are threatened or, to the knowledge of the Company, contemplated by any governmental or regulatory authority or threatened by others; and (i) there are no current or pending legal, governmental or regulatory actions, suits or proceedings that are required under the Securities Act to be described in the Registration Statement, the Pricing Disclosure Package or the Prospectus that are not so described in the Registration Statement, the Pricing Disclosure Package and the Prospectus and (ii) there are no statutes, regulations or contracts or other documents that are required under the Securities Act to be filed as exhibits to the Registration Statement or described in the Registration Statement, the Pricing Disclosure Package or the Prospectus that are not so filed as exhibits to the Registration Statement or described in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Termination of Proceedings In case the Trustee shall have proceeded to enforce any right under this Indenture by the appointment of a receiver or otherwise, and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case, the Issuer, the Trustee and the Owners of Bonds shall be restored to their former positions and rights hereunder, respectively, with regard to the property subject to this Indenture, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken.

  • Initiation of Proceedings (1) At the request of either Contracting Party a dispute concerning the interpretation or application of this Agreement may be submitted to an arbitral tribunal for decision not earlier than 60 days after such request has been notified to the other Contracting Party.

  • Proceedings and Documents All corporate and other proceedings in connection with the transactions contemplated by this Agreement and all documents and instruments incident to such transactions shall be satisfactory to such Purchaser and its special counsel, and such Purchaser and its special counsel shall have received all such counterpart originals or certified or other copies of such documents as such Purchaser or such special counsel may reasonably request.

  • Other Legal Actions The actions stipulated in this Integrity Pact are without prejudice to any other legal action that may follow in accordance with the provisions of the extant law in force relating to any civil or criminal proceedings.

  • Litigation and Claims No litigation, claim, investigation, administrative proceeding or similar action (including those for unpaid taxes) against Borrower is pending or threatened, and no other event has occurred which may materially adversely affect Borrower’s financial condition or properties, other than litigation, claims, or other events, if any, that have been disclosed to and acknowledged by Lender in writing.

  • Language of Proceedings a) Where a dispute arises uniquely under a collective agreement in the French language, the documentation shall be provided, and the proceedings conducted in French. Interpretative and translation services shall be provided accordingly to ensure that non-francophone participants are able to participate effectively.

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