Communications with Executing Brokers. Client understands and agrees that GS&Co. may be required by the No-Action Letter, applicable law or by the Contractual Arrangements, or that GS&Co. may otherwise deem it necessary or appropriate, to communicate information concerning Client and the Account to Executing Brokers. Such information may include: (i) whether the net equity in the Account falls below certain minimums set forth in the No-Action Letter; (ii) information regarding the allocation of Prime Brokerage Transactions to sub-accounts, if applicable;
Appears in 2 contracts
Sources: New Account Agreement, New Account Application and Agreement for Entities