Local Broker definition

Local Broker means the local broker duly appointed by CAL to purchase and sell Securities on behalf of the Client on CAL’s instructions under this Agreement.

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Local Broker means a local broker established under the laws of the jurisdiction in which the issuer of the Shares is incorporated or in which the Shares are listed and having, in the case of an Issuer incorporated under the laws of The Netherlands, the regulatory capacity as a matter of Dutch law to enter into derivatives transactions with Dutch residents and any other local brokers as substituted from time to time pursuant to Condition 24.3.4. The name(s) of the original Local Broker(s) will be specified in the Final Terms, and the words "Local Brokers" shall be construed accordingly;

Local Broker has the meaning set forth in Section 3.1(a).

Examples of Local Broker in a sentence

• The Parties agree that SCC’s services under this Agreement are financial advisory services to Local Broker in connection with the contemplated sale of the Property.

• SCC accepts the relationship of trust and confidence established between SCC, Local Broker and Owner under this Agreement.

• Local Broker represents and warrants that all information provided to SCC hereunder shall be the most current information reasonably available and shall be, to the best of its knowledge, true, correct and accurate.

• SCC shall indemnify, defend (with counsel reasonably acceptable to Local Broker) and hold Local Broker harmless from and against any and all claims, controversies, actions, liability, fines, penalties, damages or judgments relating to or arising from SCC’s material breach of this Agreement.

• Local Broker agrees to pay (or cause Owner to pay through escrow) SCC a fee equal to 80% of the gross commission paid by Owner to Local Broker under the Listing Agreement (including any post termination commission paid thereunder).

• Local Broker and SCC acknowledge and agree that the Owner is an expressly intended third-party beneficiary of this Agreement for the performance of the duties required hereunder and SCC expressly acknowledges such through the execution of an acknowledgment in the form attached hereto as Exhibit B.

• This Agreement constitutes the entire agreement between Local Broker and SCC and supercedes all prior discussions, negotiations and agreements, whether oral or written.

• Local Broker agrees that SCC shall be a beneficiary of the indemnity set forth in Section 9 of the Listing Agreement.

• In addition, Local Broker will provide assistance to SCC in order for it to effectively prepare marketing materials and present the Property to investors on a national basis outside of Missouri.

• Owner desires that Local Broker retain SCC to present the Property to investors on a national basis, and Local Broker and SCC agree to enter into such an engagement, subject to the terms and conditions set forth herein.

More Definitions of Local Broker

Local Broker means any broker or other person with whom Merrill Lynch has an arrangement and by whom, through whom or through whose portion of the System, or under whose oversight Orders are placed and/or transactions executed on a Market.

Local Broker means a local broker established under the laws of the jurisdiction in which the issuer of the Shares is incorporated or in which the Shares are listed. The name(s) of the original Local Broker(s) will be specified in the Final Terms, and the words "Local Brokers" shall be construed accordingly.