Aggregation and Allocation Clause Samples
Aggregation and Allocation. Client acknowledges and agrees that Adviser may, but shall be under no obligation to, aggregate purchase or sale orders for the Account with purchase or sale orders in a particular security for Other Accounts when such aggregation may result in favorable net results for such accounts. Client further acknowledges that circumstances may arise where Adviser determines that, while it would be both desirable and appropriate to aggregate client orders for a particular security or other investment, there is a limited supply or demand for the security or other investment. Under such circumstances, while Adviser will seek to allocate such investment opportunities fairly and equitably over time, Adviser will not be required to assure equality of treatment among all of its clients nor to ensure that each such opportunity will be proportionally allocated among participating accounts according to any particu1ar or predetermined standards or criteria. Where, because of prevailing market conditions, it is not possible to obtain the same price or time of execution for all of the securities or other investments purchased or sold for the Account, Adviser may average the various prices and charge or credit the Account with the average price at which the orders were filled for Client and Other Accounts on each applicable day.
Aggregation and Allocation. ▇▇▇▇▇▇▇ may in some cases aggregate sales and purchase orders of securities and other investments for Clients with concurrent trades managed by ▇▇▇▇▇▇▇ or its affiliates. ▇▇▇▇▇▇▇ is not obligated to aggregate orders, and will only do so if ▇▇▇▇▇▇▇ reasonably believes such aggregation will result in an overall benefit to its Clients, taking into consideration the objective of best execution as defined above. Aggregated orders are allocated among ▇▇▇▇▇▇▇ Clients such that Clients are treated on a fair and equitable basis, and that the interests of some Clients are not placed over those of others. SECURITIES TRANSACTIONS. ▇▇▇▇▇▇▇ effects transactions in securities including stocks and bonds as follows:
Aggregation and Allocation. 9.1 MUFG may aggregate orders in Designated Investments executed for your account with orders for the account of other clients or our Connected Companies or clients of our Connected Companies or for our own account. MUFG will allocate such transactions on a fair and reasonable basis subject to the CNMV Rules. You recognise that each individual aggregated transaction may operate to your advantage or disadvantage.
Aggregation and Allocation. Where the Adviser believes that combining orders will benefit a Fund, transactions may be aggregated with those for other clients and shall be allocated in a manner the Adviser considers equitable over time.
Aggregation and Allocation. The Client acknowledges and agrees that the Manager or each Sub-Adviser, if any, may, but shall be under no obligation to, aggregate purchase or sale orders for the Client Account with purchase or sale orders in a particular security for other accounts managed by the Manager or such Sub-Adviser when such aggregation may result in favorable net results for such accounts. The Client further acknowledges that circumstances may arise where the Manager or each Sub-Adviser, if any, determines that, while it would be both desirable and appropriate to aggregate client orders for a particular security or other investment, there is a limited supply or demand for the security or other investment. Under such circumstances, the Client acknowledges that, while the Manager or each Sub-Adviser, if any, will seek to allocate such investment opportunities fairly and equitably over time, the Manager or such Sub-Adviser will not be required to assure equality of treatment among all of its clients nor to assure that each such opportunity will be proportionally allocated among participating accounts according to any particular or predetermined standards or criteria. Where, because of prevailing market conditions, it is not possible to obtain the same price or time of execution for all of the securities or other investments purchased or sold for the Client Accounts, the Manager or each Sub-Adviser, if any, may average the various prices and charge or credit the Client Accounts with the average price at which the orders were filled for the Client Accounts and any other accounts managed by the Manager or such Sub-Adviser, if any, on each applicable day.
Aggregation and Allocation