Discretionary Account Sample Clauses

Discretionary Account. (a) If your account is managed on a discretionary basis by an investment advisor, money manager or other person (“advisor”), you hereby acknowledge that your Prime Brokerage Transactions may be commingled with those of other accounts of your advisor (“sub- accounts”), according to your advisor’s instructions, for clearance by Xxxxxxxx in a single bulk trade and for settlement in bulk with your Prime Broker. You further acknowledge that in the event the Prime Broker indicates its intention not to settle or does not settle such bulk trade because of one or more sub-accounts receiving an allocation, the Executing Broker will either cancel and rebill the bulk trade to reflect the reduction of the securities which were originally allocated to the objectionable sub-accounts or, if permissible, execute a corrected allocation of the Prime Brokerage Transaction to sub-accounts in accordance with your advisor’s instructions. To facilitate such allocation, the Executing Broker may open and carry an account in your name on Xxxxxxxx’x books and you shall be solely responsible and liable to the Executing Broker for settling such transaction directly with Pershing. You acknowledge that your advisor may resubmit the bulk trade and execute a corrected allocation of the Prime Brokerage Transaction.
Sample 1See All (6)
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Discretionary Account. 委託賬戶 In the event that I/we maintain and continue to operate a discretionary account with you, I/we hereby authorize you or your employee (who must be a registered person) so designated by you, to effect Transaction on my/our behalf on terms herein at your absolute discretion and at my/our own risk and that I/we shall confirm to you in writing on an annual basis whether I/we wish to specifically revoke your authority in this regard even in the absence of your notification to me/us for renewal. 若是本人(等)在貴司保留及持續操作一個委託賬戶，本人(等)茲授權予貴司或貴司指定的職員(他應是一位 註冊人)全權負責替本人(等)依照客戶協議書作出證券買賣，損失由本人(等)負責。而本人(等)將每年用書 信確認這授權是否被取銷，甚至乎不需貴司通知需否再續。
Sample 1
Discretionary Account. (a) If Customer account is managed on a discretionary basis by an investment advisor, money manager, or other person ("advisor"), Customer hereby acknowledge that Prime Brokerage Transactions may be commingled with those of other accounts of Customer advisor ("sub-accounts"), according to Customer advisor's instructions, for clearance by the Clearing Broker in a single bulk trade and for settlement in bulk with Prime Broker. Customer further acknowledges that in the event the Prime Broker indicates its intention not to settle or does not settle such bulk trade because of one or more subaccounts receiving an allocation, the Clearing Broker will either cancel and rebill the bulk trade to reflect the reduction of the securities which were originally allocated to the objectionable subaccounts or, if permissible, execute a corrected allocation of the Prime Brokerage Transaction to sub- accounts in accordance with Customer advisor's instructions. To facilitate such allocation, the Clearing Broker may open and carry an account in the Customer’s name on its books and Customer shall be solely responsible and liable to the Clearing Broker for settling such transaction directly with the Clearing Broker. Customer acknowledges that Customer advisor may resubmit the bulk trade and execute a corrected allocation of the Prime Brokerage Transaction.
Sample 1
Discretionary Account. Any balance in the Discretionary Account may be used by City for any lawful Airport System purpose.
Sample 1
Discretionary Account. Following any and all transfers required by Section 4.06 of the Bond Ordinance and by Sections 5.06.A, 5.06.B, and 5.06.C above, any amounts remaining in the Aviation Operating Fund, less the Airline Revenue Allocation, shall be deposited in the Discretionary Account to be used by City for any lawful Airport System purpose.
Sample 1
Discretionary Account. (a) If your account is managed on a discretionary basis by an investment advisor, money manager or other person ("advisor"), you hereby acknowledge that your Prime Brokerage Transactions may be commingled with those of other accounts of your advisor ("sub-accounts"), according to your advisor's instructions, for clearance by the Executing Broker in a single bulk trade and for settlement in bulk with UBS PaineWebber.
Sample 1

Related to Discretionary Account

  • Discretionary Accounts In the case of a Registered Offering of Securities issued by an Issuer that was not, immediately prior to the filing of the Registration Statement, subject to the requirements of Section 13(d) or 15(d) of the 1934 Act, you will not make sales to any account over which you exercise discretionary authority in connection with such sale, except as otherwise permitted by the applicable AAU for such Offering.

  • Discretionary Acceleration Notwithstanding any other provisions of this Agreement to the contrary, the Committee may, in its sole discretion, declare at any time that the Option shall be immediately exercisable.

  • Discretionary Advances Lender is hereby authorized from time to time to make Advances without notice to Borrower that Lender, in its sole discretion, deems necessary or desirable upon the occurrence of any of the following (such Advances made upon the occurrence of the following events are referred to herein as the “Discretionary Advances”): (i) Lender determines, in its sole discretion, that an Advance is be necessary or desirable for the purpose of paying any Loan Expense, cost, expense, fee or other amount to or for the benefit of Borrower or chargeable to Borrower under the Loan Documents, (ii) any Event of Default occurs, or (iii) upon request by Borrower for a Commitment Advance that would cause the aggregate amount of all Commitment Advances made hereunder to exceed the Commitment. Each Discretionary Advance shall, upon disbursement, automatically constitute principal outstanding hereunder and cause a corresponding increase in the aggregate amount of the Debt (even if such Discretionary Advance causes the outstanding principal amount of the Note to exceed the Commitment or the face amount of the Note). Borrower agrees that each Discretionary Advance may, in Lender’s discretion, reduce the amount of availability, if any, under the Commitment and may, in Lender’s discretion, reduce the amount of available Interest Reserve, if any. The making by Lender of any Discretionary Advance shall not cure or waive any Event of Default hereunder (except only for an Event of Default that has been cured to Lender’s satisfaction as confirmed by Lender’s execution of a written agreement specifically acknowledging and describing the Event of Default so cured, and for an Event of Default that has been waived by Lender as confirmed by Lender’s execution of a written agreement specifically acknowledging and describing the Event of Default so waived).

  • Fiduciary Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Xxxxxxxxx Education Savings Accounts, and 403(b) arrangements (such accounts, “Fiduciary Accounts”)), the Transfer Agent, at the request of the Fund, shall arrange for the provision of appropriate prototype plans as well as provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial services to be provided by State Street Bank and Trust Company (“State Street”), account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Discretionary Sales The Collateral Manager may direct the Trustee to sell (in addition to any sales pursuant to clauses (a) through (e) above) any Collateral Obligation to any party other than ORCC at any time other than during a Restricted Trading Period if after giving effect to such sale, the Aggregate Principal Balance of all Collateral Obligations sold as described in this Section 12.1(g) during the preceding period of 12 calendar months (or, for the first 12 calendar months after the Closing Date, during the period commencing on the Closing Date) is not greater than 25% of the Collateral Principal Amount as of the first day of such 12 calendar month period (or as of the Closing Date, as the case may be).

  • Separate Account If Student-Generated Content is stored or maintained by the Provider, Provider shall, at the request of the LEA, transfer, or provide a mechanism for the LEA to transfer, said Student- Generated Content to a separate account created by the student.

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

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