Sch. The Local Manager will determine the relative importance of each factor using the following criteria: (a) the characteristics of the Investment Adviser; (b) the characteristics and nature of the Transaction, including whether any specific instructions are given by the Investment Adviser; (c) the characteristics of the financial instruments that are the subject of the Transaction; and (d) the characteristics of the execution venues to which the Transaction can be directed. While the Local Manager will take all reasonable steps, based on the resources available to it, to satisfy itself that it has processes in place that can reasonably be expected to lead to the delivery of the best possible result, the Local Manager does not guarantee that it will always be able to obtain the best possible result in relation to each Transaction.
Appears in 5 contracts
Sources: Sub Advisory Agreement (Morgan Stanley ETF Trust), Sub Advisory Agreement (Morgan Stanley Institutional Fund Inc), Sub Advisory Agreement (Morgan Stanley Institutional Fund Trust)
Sch. The Local Manager will determine the relative importance of each factor using the following criteria: (a) the characteristics of the Investment AdviserFund; (b) the characteristics and nature of the Transaction, including whether any specific instructions are given by the Investment AdviserAdviser or the Fund; (c) the characteristics of the financial instruments that are the subject of the Transaction; and (d) the characteristics of the execution venues to which the Transaction can be directed. While the Local Manager will take all reasonable steps, based on the resources available to it, to satisfy itself that it has processes in place that can reasonably be expected to lead to the delivery of the best possible result, the Local Manager does not guarantee that it will always be able to obtain the best possible result in relation to each Transaction.
Appears in 1 contract
Sources: Investment Sub Advisory Agreement (Eaton Vance Series Fund, Inc.)