Accounts definition
Examples of Accounts in a sentence
In all cases where Bank, its Affiliates or Subcustodians enter into a master foreign exchange contract that covers foreign exchange transactions for the Accounts, the terms and conditions of that foreign exchange contract and, to the extent not inconsistent, this Agreement, shall apply to such transactions.
Moreover, it is understood that when the Adviser determines that it would be appropriate for the Fund and one or more Managed Accounts to participate in the same investment opportunity, the Adviser shall seek to execute orders for the Fund and for such Managed Account(s) on a basis that the Adviser considers to be fair and equitable over time.
If all such orders are not filled at the same price, the Adviser may cause the Fund and each Managed Account to pay or receive the average of the prices at which the orders were filled for the Fund and all relevant Managed Accounts on each applicable day.
With the Client’s prior written consent, the Manager may open one or more Separately Managed Accounts (“SMAs”), as listed in Schedule A.
The Client hereby continues to appoint the Manager with respect to the Accounts designated by the Client in Schedule A for the period and on the terms set forth in this Agreement, and the Manager accepts such appointment.