Common use of Third Party Payments Clause in Contracts

Third Party Payments. Neither the Advisor nor any of its officers, directors, employees or stockholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company carries an account for transactions executed in the Company’s account. The parties acknowledge that a familial relationship of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach on behalf of the Company, which payment shall not violate the preceding sentence.

Appears in 11 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (Futures Strategic Trust)

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Third Party Payments. Neither the Advisor Advisor, nor any of its officers, directors, employees or stockholders stockholders, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trust carries an account for transactions executed in the Company’s Trust's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrust, which payment shall not violate the preceding sentence.

Appears in 9 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (World Monitor Trust Ii Series F), World Monitor Trust Advisory Agreement (World Monitor Trust Series A)

Third Party Payments. Neither the Advisor nor any of its officers, directors, employees or stockholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trust carries an account for transactions executed in the Company’s Trust's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrust, which payment shall not violate the preceding sentence.

Appears in 3 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust III)

Third Party Payments. Neither the Advisor Advisor, nor any of its officers, directors, employees or stockholders partners, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trust carries an account for transactions executed in the Company’s Trust's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrust, which payment shall not violate the preceding sentence.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust Series C), Advisory Agreement (World Monitor Trust Series C)

Third Party Payments. Neither the Advisor nor any of its officers, directors, employees or stockholders shareholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trust carries an account for transactions executed in the Company’s Trust's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrust, which payment shall not violate the preceding sentence.

Appears in 2 contracts

Samples: Advisory Agreement (Prudential Securities Strategic Trust), Advisory Agreement (Diversified Futures Trust I)

Third Party Payments. Neither the Advisor nor any of its officers, directors, employees or stockholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trading Vehicle carries an account for transactions executed in the Company’s Trading Vehicle's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrading Vehicle, which payment shall not violate the preceding sentence.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust III)

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Third Party Payments. Neither the Advisor Advisor, nor any of its officers, directors, employees or stockholders stockholders, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trading Vehicle carries an account for transactions executed in the Company’s Trading Vehicle's account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s 's Trading Approach on behalf of the CompanyTrading Vehicle, which payment shall not violate the preceding sentence.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

Third Party Payments. Neither the Advisor Advisor, nor any of its officers, directors, employees or stockholders stockholders, shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Client carries an account for transactions executed in the CompanyClient’s account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach on behalf of the CompanyClient, which payment shall not violate the preceding sentence.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III - Series J)

Third Party Payments. Neither the Advisor nor any of its officers, directors, employees or stockholders shall receive any commissions, compensation, remuneration or payments whatsoever from any broker with which the Company Trading Vehicle carries an account for transactions executed in the CompanyTrading Vehicle’s account. The parties acknowledge that a familial relationship spouse of any of the foregoing persons may receive floor brokerage commissions in respect of trades effected pursuant to the Advisor’s Trading Approach on behalf of the CompanyTrading Vehicle, which payment shall not violate the preceding sentence.

Appears in 1 contract

Samples: Advisory Agreement (Futures Strategic Trust)

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