Purchase and Sale Orders Sample Clauses
The 'Purchase and Sale Orders' clause defines the process by which goods or services are requested and supplied between parties, typically through formal purchase orders issued by the buyer and accepted by the seller. It outlines the requirements for submitting, accepting, or rejecting orders, and may specify details such as order contents, delivery timelines, and procedures for modifications or cancellations. This clause ensures both parties have a clear, documented understanding of each transaction, reducing the risk of disputes and providing a structured framework for managing orders.
Purchase and Sale Orders. In connection with purchases or sales of portfolio securities for the account of the Fund, the Sub-Adviser may arrange for the placing of all orders for the purchase and sale of portfolio securities for the account with brokers or dealers selected by the Sub-Adviser, subject to review of this selection by the Board from time to time. The Sub-Adviser may be responsible for the negotiation and the allocation of principal business and portfolio brokerage. In the selection of such brokers or dealers and the placing of such orders, the Sub-Adviser will at all times seek, for the Fund the best qualitative execution, taking into account such factors the Sub-Adviser deems relevant, which may include price (including the applicable brokerage commission or dealer spread), the execution capability, financial responsibility and responsiveness of the broker or dealer and the brokerage and research services provided by the broker or dealer. The Sub-Adviser should generally seek favorable prices and commission rates that are reasonable in relation to the benefits received. In seeking best qualitative execution, the Sub-Adviser is authorized to select brokers or dealers who also provide brokerage and research services to the Fund and/or the other accounts over which it exercises investment discretion. The Sub-Adviser is authorized to pay a broker or dealer who provides such brokerage and research services a commission for executing the Fund’s portfolio transaction that is in excess of the amount of commission another broker or dealer would have charged for effecting that transaction if the Sub-Adviser determines in good faith that the amount of the commission is reasonable in relation to the value of the brokerage and research services provided by the executing broker or dealer. The determination may be viewed in terms of either a particular transaction or the Sub-Adviser’s overall responsibilities with respect to the Fund and to accounts over which the Sub-Adviser exercises investment discretion. The Trust and the Sub-Adviser understand and acknowledge that, although the information may be useful to the Fund and the Sub-Adviser, it is not possible to place a dollar value on such information. The Board shall periodically review the commissions paid by the Fund to determine if the commissions paid over representative periods of time were reasonable in relation to the benefits to the Fund. The Sub-Adviser may not give consideration to sales of shares of the Fund as a factor...
Purchase and Sale Orders. All unfilled purchase and sale orders relating to the US Delahaye Business and issued or accepted by Seller in the ordinary course of business consistent with past practice;
Purchase and Sale Orders. All written and oral agreements, including purchase orders, relating to the purchase or sale of products, services or supplies by the Seller other than (i) any such agreements which have been completely performed and (ii) individual purchase or sales orders issued in the Ordinary Course of Business for amounts in each case not in excess of $10,000 individually;
Purchase and Sale Orders. (a) All orders taken by personnel in the Branch Office must be transmitted to the Company's Montvale, New Jersey office for execution. Any exception to this policy must be approved in advance by the President or Chief Compliance Officer of the Company. No purchase or sale transaction may be accepted unless sufficient funds or equity to consummate the transaction are in the account for which the order is being taken.
(b) The commission charged to effect a transaction on behalf of a customer shall equal the Company's standard commission charges for transactions of that type. Such standard charges are currently between $20.00 and $31.25 plus any additional fees charged in the customers' commission (or absorbed by the Branch Office) for transactions effected on Nasdaq, an exchange or any proprietary execution system.
(c) The foregoing subparagraph 6(b) notwithstanding:
(i) the Main Office shall set commission charges for the Remote Customers (as hereinafter defined) of the Branch Office, which commission is currently $25.00 per transaction; and
(ii) the commission for "general retail" business transactions effected by the Company for a customer of the Branch Office shall equal the sum of (A) $25.00, (B) applicable self regulatory organization ("SRO"), Nasdaq, exchange and/or fees charged by an electronic communications network ("ECN"), and (C) such additional amount as is within Company parameters as the Company designates in writing from time to time to the Manager.
Purchase and Sale Orders. A list of written agreements relating to the purchase or sale of the Seller’s services other than individual purchase or sales orders or customer contracts issued in the Ordinary Course of the Business for which the Receivable (transaction fee versus gross travel spend) in each case is not in excess of $1,000 individually or $5,000 in the aggregate of all such orders with the same or related parties;
Purchase and Sale Orders. All liabilities and obligations of the Company outstanding under the Acquired Purchase Orders and the Acquired Sale Orders solely to the extent that (i) such liabilities and obligations are attributed to periods after the Closing and (ii) payment in respect of such liabilities and obligations has not been made by LLTC pursuant to the terms of the Time Charter Agreement; and
Purchase and Sale Orders. A list (as of the most recent date available preceding the Closing) of written or oral agreements relating to (A) the sale of products, services or supplies by the Seller or ▇▇▇▇▇▇▇ Properties or (B) material (including any blanket) purchase orders;
Purchase and Sale Orders. All rights, benefits and interests of the Company in and to the Acquired Purchase Orders and the Acquired Sale Orders;
Purchase and Sale Orders