SECURITIES TRANSFERS. Subject to our discretion and acceptance, you may transfer securities into your Account. You understand that fees will be charged on transferred securities, which may have previously incurred transaction or other costs. We are not responsible for any actions undertaken by a broker-dealer or investment adviser prior to the transfer and you agree to hold RIA, WFA, and the applicable Sub- Advisor harmless and indemnify RIA, WFA, and the applicable Sub-Advisor from any and all liability, loss, or damages arising directly or indirectly from any actions taken prior to the transfer of such securities into your Account. In addition, you understand that RIA or the Sub-Advisor may sell, liquidate, or otherwise dispose of some or all of the securities transferred into the Account pursuant to the discretion granted by you to RIA and/or Sub-Advisor. You authorize RIA, WFA and the Sub-Advisor, at our or their discretion, to convert existing mutual funds in your Account to any available institutional share or advisory program share class ("Advisory Share Class") without your prior consent.
SECURITIES TRANSFERS. Pershing will process security transfer requests upon written instructions. In the event it is necessary to request any of the above transactions through our clearing firm, specific instructions can be found in Pershing’s account opening documents, Royal Alliance’s Web site at xxxx://xxx.xxxxxxxxxxxxx.xxx and on Pershing’s Web site at xxxx://xxx.xxxxxxxx.xxx/customer_support.html
SECURITIES TRANSFERS. All transfers of securities to be transferred to the Collateral Account shall be effected by Pledgee's transfer of the same to the account and at the location and within the time periods designated in Exhibit A hereto. All securities transferred to Custodian shall be in negotiable form.
SECURITIES TRANSFERS. (a) The Subscriber understands that the Shares and Warrants have not been registered (i) under the U.S. Securities Act of 1933, as amended (the "Securities Act") with the SEC in reliance upon the exemption from such registration requirements afforded by Regulation S under the Securities Act, governing the offer and sale of securities that occur outside the U.S., or (ii) with any state securities commission. The Subscriber understands that the Shares and Warrants may not be offered, sold, transferred or otherwise disposed of in the U.S., its territories or possessions, or to persons known to be residents of the U.S. or to a "U.S. person" within the meaning of Regulation S under the Securities Act ("U.S. Person"; see the definition of U.S. Person annexed hereto as Exhibit B) until the effectiveness of a registration statement registering --------- the Shares and Warrants under the Securities Act or an exemption from the registration requirements under the Securities Act is available.
