Selected Broker definition

Selected Broker. Dealer understands that the Dealer Manager reserves the unconditional right to reject any order for any or no reason. If an order is rejected, cancelled or rescinded for any reason, then Selected Broker-Dealer will return to the Dealer Manager any selling commissions, broker-dealer fees or Dealer Manager Fees theretofore paid with respect to such order, and, if Selected Broker-Dealer fails to so return any such selling commissions, broker-dealer fees or Dealer Manager Fees, the Dealer Manager shall have the right to offset amounts owed against future commissions, broker-dealer fees or Dealer Manager Fees due and otherwise payable to Selected Broker-Dealer (it being understood and agreed that such right to offset shall not be in limitation of any other rights or remedies that the Dealer Manager may have in connection with such failure).
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Selected Broker. Dealer understands that the Dealer Manager reserves the unconditional right to reject any order for any or no reason. If an order is rejected, cancelled or rescinded for any reason, then Selected Broker-Dealer will return to the Dealer Manager any selling commissions, broker-dealer fees, or dealer manager fees theretofore paid with respect to such order, and, if Selected Broker-Dealer fails to so return any such selling commissions, broker-dealer fees, or dealer manager fees, the Dealer Manager shall have the right to offset amounts owed against future commissions or dealer manager fees due and otherwise payable to Selected Broker-Dealer (it being understood and agreed that such right to offset shall not be in limitation of any other rights or remedies that the Dealer Manager may have in connection with such failure). Terra Capital Markets, LLC Selected Broker-Dealer Agreement 6
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Examples of Selected Broker in a sentence

  • All amounts paid or payable to the Distributor pursuant to this Addendum shall be paid or payable as (i) reimbursement to the Distributor for payments made to Selected Brokers and Agents pursuant to Selected Broker Agreements and Shareholder Servicing Agreements, respectively, and (ii) as compensation for the Distributor's services under the Distribution Agreement and this Addendum, without regard to the actual expenses incurred by the Distributor in connection therewith.

  • ADDENDUM TO SELECTED BROKER AGREEMENT This Addendum to Selected Broker Agreement (the "Addendum") is made this ____ day of __________, 2003 between State Street Global Markets, LLC (the "Distributor") and _____________________ (the "Broker").

  • Notwithstanding the foregoing, if the Selected Broker fails for any reason to complete any sell order within five (5) business days, or if Manc▇▇▇ ▇▇▇sonably determines that such brokerage firm has otherwise failed to carry out its duties in a reasonable manner, Manc▇▇▇ ▇▇▇ll be permitted to employ a broker/dealer selected by Keny▇▇ & ▇eny▇▇.

  • Pursuant to such Selected Broker Agreements and Shareholder Servicing Agreements, the Distributor may pay or obligate the Trust to pay to such Selected Brokers and/or Agents up to .55 of 1% of the daily average net assets of the Funds represented by Class T Shares held by or for customers of such Selected Brokers and/or Agents.

  • Except as otherwise provided in this Addendum, all capitalized terms shall have the meaning ascribed thereto in the Selected Broker Agreement between the Distributor and the Broker dated ________________ (the "Agreement").

  • Compliance will execute this letter for any account at a Selected Broker upon request.

  • Solicit and procure the sale of Annuity Products and the payment of additional premiums on existing Annuity Products pursuant to the General Agent Agreement and Selected Broker Agreement described in Section 2 of this Agreement.

  • SCHEDULE A PRIVATE CONTRACTS None SCHEDULE B PUBLIC CONTRACTS This schedule shall be deemed an integral part of the above referenced Selected Broker Agreement (the "Agreement") by and between TRANSAMERICA CAPITAL, INC.

  • Each such agreement shall provide for the Selected Broker to make the same representations, warranties and covenants as are made by you in this Agreement and to indemnify the Company in accordance with Section 7.2 hereof.

  • Provide customer service on Annuity Products in accordance with the General Agent Agreement and Selected Broker Agreement described in Section 2 of this Agreement.