Common use of The Allocation Method Clause in Contracts

The Allocation Method. Direct cross-trade opportunities will be allocated among potential buyers or sellers of debt or equity securities on a pro-rata basis. With respect to equity securities, please note Mellon imposes a trivial dollar amount constraint to reduce excessive custody ticket charges to participating accounts.

Appears in 2 contracts

Sources: Nuclear Decommissioning Master Trust Agreement (EnergySolutions, Inc.), Backup Nuclear Decommissioning Trust Agreement (EnergySolutions, Inc.)

The Allocation Method. Direct cross-trade opportunities will be allocated among potential buyers or sellers of debt or equity securities on a pro-rata basis. With respect to equity securities, please note BNY Mellon imposes a trivial dollar amount constraint to reduce excessive custody ticket charges to participating accounts.

Appears in 1 contract

Sources: Custody Agreement (Destra International & Event-Driven Credit Fund)