Cross Transaction definition

Cross Transaction has the meaning assigned in Section 3(d).

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Cross Transaction means any transaction for the Issuer’s account in relation to which the Collateral Manager or an Affiliate of the Collateral Manager acts as broker for, manages or advises the counterparty or otherwise recommends the transaction to the counterparty;

Cross Transaction has the meaning set forth in Section 6.8(a).

Examples of Cross Transaction in a sentence

• UBS Global AM, the Portfolio and the Trust should be aware, however, that in a Cross Transaction an Affiliated Broker-Dealer will be receiving commissions from both sides of the trade and, therefore, there is a potentially conflicting division of loyalties and responsibilities.

• UBS AM, the Portfolio and the Trust should be aware, however, that in a Cross Transaction an Affiliated Broker-Dealer will be receiving commissions from both sides of the trade and, therefore, there is a potentially conflicting division of loyalties and responsibilities.

• UBS Global Americas, the Portfolio and the Trust should be aware, however, that in a Cross Transaction an Affiliated Broker-Dealer will be receiving commissions from both sides of the trade and, therefore, there is a potentially conflicting division of loyalties and responsibilities.

• The Company acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction.

• UBS Global Americas, the Series and the Trust should be aware, however, that in a Cross Transaction an Affiliated Broker-Dealer will be receiving commissions from both sides of the trade and, therefore, there is a potentially conflicting division of loyalties and responsibilities.

• Wealthfront shall also send to Client, at least annually, a written statement identifying the total amount of such Agency Cross Transactions during the period included in the statement, and the total commissions or other remuneration received or to be received by Wealthfront or any of its affiliates in connection with such Agency Cross Transaction included in the statement.

• The Manager should be aware, however, that in an Agency Cross Transaction an Affiliated Broker-dealer will be receiving commissions from both sides of the trade and, therefore, there is potentially a conflicting division of loyalties and responsibilities.

• Context Capital, the Fund and the Trust should be aware, however, that in a Cross Transaction an Affiliated Broker-Dealer will be receiving commissions from both sides of the trade and, therefore, there is a potentially conflicting division of loyalties and responsibilities.

• The Manager is authorized to execute Cross Transactions for the Company in accordance with applicable law and the ▇▇▇▇▇▇▇▇▇ Compliance Policies; provided however that the Manager shall not cause the Company to enter into any Cross Transaction involving any asset other than a Level One Asset which is being crossed at market price as determined by the Manager without the prior written approval of a majority of the Independent Trustees.

• Each of the Company and the Operating Partnership acknowledges that the Manager has a potentially conflicting division of loyalties and responsibilities regarding each party to a Cross Transaction.

More Definitions of Cross Transaction

Cross Transaction means a transaction in which a digital

Cross Transaction means (A) a Portfolio Investment in (1) Real Estate Assets held directly or indirectly by any Private Equity Fund, or (2) a Person in which any Private Equity Fund holds, directly or indirectly, securities or in respect of which any Private Equity Fund has entered into a legally binding commitment to acquire, directly or indirectly, securities; and (B) any disposition of any Portfolio Investment or part thereof to a Private Equity Fund, or any consent to such a disposal by a Portfolio Investment or subpart thereof or any consent to an investment by a Private Equity Fund in a Portfolio Investment or subpart thereof. Notwithstanding the foregoing, the following transactions shall not be considered Cross Transactions requiring consent of the Advisory Committee pursuant to this Section 6.8(a):

Cross Transaction. The meaning set forth in the Collateral Management Agreement.