Handling of Orders Clause Samples
The Handling of Orders clause defines the procedures and responsibilities related to the receipt, processing, and fulfillment of purchase orders between parties. It typically outlines how orders should be submitted, the timeframe for acknowledgment or rejection, and any requirements for order modifications or cancellations. By establishing clear steps and expectations for both parties, this clause helps prevent misunderstandings, ensures timely processing, and facilitates smooth business transactions.
Handling of Orders. (a) For purposes of this Agreement, purchases of Units whose subscriptions were solicited by the Distributor and accepted by the Fund are referred to herein as the "Distributor's Subscribers."
(b) All properly presented and accepted subscriptions of the purchase of Units shall be executed at the offering price per Units as described in the Registration Statement.
(c) The procedures relating to soliciting and the handling subscriptions for Units will be subject to the terms of the Registration Statement and the Operating Procedures set forth in Appendix A hereto.
(d) Payments for Units shall be made as specified in the Registration Statement and Subscription Agreement.
(e) The Distributor will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as described in Section 1(d) hereof. The Fund shall promptly inform the Distributor of the Fund's net assets and net asset value per Unit (and/or in certain instances estimated net asset values) as soon as reasonably practicable following their calculation. The Distributor is authorized to communicate such calculations to each of the Distributor's Subscribers. In the event that estimated net asset values are provided in lieu of net asset values, the Distributor shall make appropriate disclosures to the Distributor's Subscribers.
Handling of Orders. 3.1 For purposes of this Agreement, purchases of Shares whose investor applications were solicited by the Distributor and accepted by the Fund are referred to herein as the “Distributor’s Subscribers.”
3.2 All properly presented and accepted investor applications for the purchase of Shares shall be executed at the offering price per Share as described in the Registration Statement.
3.3 The procedures relating to soliciting and the handling of investor applications for Shares shall be subject to the terms of the Registration Statement.
3.4 Payments for Shares shall be made as specified in the Registration Statement and Investor Purchase Application.
3.5 The Distributor will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described herein. The Fund shall promptly inform the Distributor of the Fund’s net assets and net asset value per Share (and/or in certain instances estimated net asset values) as soon as reasonably practicable following their calculation. The Distributor is authorized to communicate such calculations to each of the Distributor’s Subscribers and Dealers. In the event that estimated net asset values are provided in lieu of net asset values, the Distributor shall make appropriate disclosures to the Distributor’s Subscribers and Dealers.
Handling of Orders. (a) For purposes of this Agreement, purchases of Shares whose subscriptions were solicited by the Distributor and accepted by the Fund are referred to herein as the “Distributor’s Subscribers.”
(b) All properly presented and accepted subscriptions of the purchase of Shares shall be executed at the offering price per Shares as described in the Registration Statement.
(c) The procedures relating to soliciting and the handling subscriptions for Shares will be subject to the terms of the Registration Statement and the Operating Procedures set forth in Appendix A hereto.
(d) Payments for Shares shall be made as specified in the Registration Statement and Subscription Agreement.
(e) The Distributor will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as may be described herein. The Fund shall promptly inform the Distributor of the Fund’s net assets and net asset value per Share (and/or in certain instances estimated net asset values) as soon as reasonably practicable following their calculation. The Distributor is authorized to communicate such calculations to each of the Distributor’s Subscribers. In the event that estimated net asset values are provided in lieu of net asset values, the Distributor shall make appropriate disclosures to the Distributor’s Subscribers.
Handling of Orders. (a) For purposes of this Agreement, purchasers of Shares whose subscriptions were solicited by the Placement Agent and accepted by the Fund are referred to herein as the “Placement Agent’s Subscribers.”
(b) All properly presented and accepted subscriptions for the purchase of Shares shall be executed at the offering price per Share described in the Memorandum.
(c) The procedures relating to soliciting and the handling subscriptions for Shares will be subject to the terms of the Memorandum and the Operating Procedures set forth in Appendix A hereto.
(d) Payments for Shares shall be made as specified in the Memorandum and Subscription Agreement.
(e) All subscriptions are subject to acceptance or rejection, in whole or in part, in the sole discretion of the Fund and no compensation shall be due in respect of rejected subscriptions.
(f) The Placement Agent will not at any time be responsible for performing recordkeeping or accounting services with respect to the Fund, except as described in Section 1(d) hereof. The Fund shall promptly inform the Placement Agent of the Fund’s Net Assets and Net Asset Value per Unit (and/or in certain instances estimated Net Asset Values) as soon as reasonably practicable following their calculation. The Placement Agent is authorized to communicate such calculations to each of the Placement Agent’s Subscribers. In the event that estimated Net Asset Values are provided in lieu of Net Asset Values, the Placement Agent shall make appropriate disclosures to the Placement Agent’s Subscribers.
Handling of Orders. 5.1 The execution policy of the IF is set out in a separate document which the Client has to accept with a written confirmation. The IF may amend its order execution policy at any time during the duration of this agreement subject to the absolute discretion of the IF and any such amendment shall not otherwise affect the provisions of this agreement. The execution policy covers, inter alia, the following details:
(1) an account of the criteria applicable and the importance attached to these criteria;
(2) a list of the execution venues on which the IF places significant reliance in meeting its obligation to take all reasonable steps to obtain on a consistent basis the best possible result for the execution of Client orders;
(3) reference to any specific instructions from the Client that may prevent the IF from taking the steps that it has designed and implemented in its execution policy to obtain the best possible result for the execution of those orders in respect of the elements covered by those instructions.
5.2 The IF may act in accordance with and be deemed to have been duly authorised by the Client in respect of any order which appears to have been placed (and which the IF has accepted in good faith that it has been placed) by the Client or by persons which have been appointed in accordance with the provisions of clause 22. The orders in respect of the Financial Instruments of the Client may be transmitted via telephone, fax, mail, delivery by hand, Electronic Services or by any manner or means which the IF shall determine from time to time, provided the IF is satisfied, in its absolute discretion, for the validity of the order and the identity of the person placing the order. The IF may at its discretion request that the Client signs an indemnity towards the IF for the purpose of accepting orders.
5.3 For the purpose of protecting the mutual interests of the IF and the Client, the IF shall be entitled to proceed to, and the Client consents accordingly to the recording or transcription by any other means of his telephone communications with the IF’s employees. The recording may be used as evidence of reception of the order by the IF as well as of the content of the order.
5.4 Any order of the Client to the IF should be precise and should describe its object with accuracy. Orders for amendments, confirmations or repetitions should be defined expressly as such. The IF reserves the right (but not the obligation), in order to protect the Client’s transacti...
Handling of Orders. 5.1 The execution policy of the IF is set out in a separate document which the Client has to accept with a written confirmation. The IF may amend its order execution policy at any time during the duration of this agreement subject to the absolute discretion of the IF and any such amendment shall not otherwise affect the provisions of this agreement.
5.2 The IF may act in accordance with and be deemed to have been duly authorised by the Client in respect of any order which appears to have been placed (and which the IF has accepted in good faith that it has been placed) by the Client or by persons which have been appointed in accordance with the provisions of clause 22. The orders in respect of the Financial Instruments of the Client may be transmitted via telephone, fax, mail, delivery by hand, Electronic Services or by any manner or means which the IF shall determine from time to time, provided the IF is satisfied, in its absolute discretion, for the validity of the order and the identity of the person placing the order. The IF may at its discretion request that the Client signs an indemnity towards the IF for the purpose of accepting orders.
5.3 For the purpose of protecting the mutual interests of the IF and the Client, the IF shall be entitled to proceed to, and the Client consents accordingly to the recording or transcription by any other means of his telephone communications with the IF’s employees. The recording may be used as evidence of reception of the order by the IF as well as of the content of the order.
5.4 Any order of the Client to the IF should be precise and should describe its object with accuracy. Orders for amendments, confirmations or repetitions should be defined expressly as such. The IF reserves the right (but not the obligation), in order to protect the Client’s transactions, to require the Client, at his own expense, to confirm such orders in writing before transmitting them for execution. Reception of the order by the IF shall not constitute acceptance and acceptance shall only be constituted by execution of the order to the degree and extent of such execution. The IF reserves the right to establish the contents of the order as it should be completed and submitted by the Client to the IF for it to by a valid and binding order under the Agreement.
5.5 Any orders of the Client, once placed, shall be irrevocable except where the IF can and shall allow the Client to revoke or amend the order in question.
5.6 The IF shall have the rig...
Handling of Orders. LICENSEE shall manufacture and ship all confirmed orders for Licensed Products by the specified delivery date or, if none is specified, within a reasonable period of time after receipt of the order. LICENSEE shall not withhold acceptance of any reasonable orders or refuse orders for Licensed Products from MOSSIMO or from Authorized Retailers with credit approval, without prior notice to MOSSIMO. In addition, if LICENSEE fails to ship at least seventy-five percent (75%) of confirmed orders during any two consecutive selling seasons in accordance with this Section 4.4, MOSSIMO, at is sole election, may, by written notice of its election, (a) appoint other licensees in the Territory for such period or periods and in such volume as MOSSIMO determines is necessary to meet the unfulfilled demand; or (b) terminate this Agreement immediately effective upon receipt of the written election.
Handling of Orders. 5.1 The execution policy of Mega Equity Securities & Financial Services Public Ltd is set out in Appendix E. The execution policy covers, inter alia, the following details:
(1) an account of the criteria applicable and the importance attached to these criteria;
(2) a list of the execution venues on which Mega Equity Securities & Financial Services Public Ltd places significant reliance in meeting its obligation to take all reasonable steps to obtain on a consistent basis the best possible result for the execution of Client orders;
(3) reference to any specific instructions from the Client that may prevent Mega Equity Securities & Financial Services Public Ltd from taking the steps that it has designed and implemented in its execution policy to obtain the best possible result for the execution of those orders in respect of the elements covered by those instructions.
5.2 Mega Equity Securities & Financial Services Public Ltd may act in accordance with and be deemed to have been duly authorised by the Client in respect of any order which appears to have been placed (and which Mega Equity Securities & Financial Services Public Ltd has accepted in good faith that it has been placed) by the Client or by persons which have been appointed in accordance with the provisions of clause 22. The orders in respect of the Financial Instruments of the Client may be transmitted by any manner or means which Mega Equity Securities & Financial Services Public Ltd shall determine from time to time. As at present, Mega Equity Securities & Financial Services Public Ltd IF accepts orders by email, telephone, fax, by hand), provided Mega Equity Securities & Financial Services Public Ltd is satisfied, in its absolute discretion, for the validity of the order and the identity of the person placing the order. Mega Equity Securities & Financial Services Public Ltd may at its discretion request that the Client signs an indemnity towards Mega Equity Securities & Financial Services Public Ltd for the purpose of accepting orders.
5.3 For the purpose of protecting the mutual interests of Mega Equity Securities & Financial Services Public Ltd IF and the Client, Mega Equity Securities & Financial Services Public Ltd shall be entitled to proceed to, and the Client consents accordingly to the recording or transcription by any other means of his telephone communications with Mega Equity Securities & Financial Services Public Ltd employees. The recording may be used as evidence of reception of th...
Handling of Orders a) Distributor shall be responsible for invoicing and for providing to Publisher all shipping documents reasonably necessary for fulfillment.
b) Publisher shall be responsible for picking, packing and shipping orders. Distributor will reimburse Publisher for the expense of postage or other shipping of such orders.
c) In the event Publisher receives any orders or inquiries for Works that would fall within Distributor's market as defined in paragraph 1, Publisher will promptly turn such orders and inquiries over to Distributor. Publisher will inform the customer of agreement with Distributor. Publisher will make reasonable efforts to enforce the market as defined in Schedule 1. If Publisher determines a re-seller has valid business reasons for buying direct from Publisher, e.
Handling of Orders. ▇▇▇▇▇▇ will attempt to have all orders received by it for execution outside of regular trading hours executed in a timely manner. However, because the bid and offer prices of orders reflected in quotations outside of regular trading hours are subject to change, there is no guarantee that Client’s orders will be executed. In addition, delays or failures in communications or other computer system problems may cause delays in, or prevent, the execution of orders. As with orders entered during regular trading sessions, Client agrees that Broker may deliver Client’s order to an electronic communication network or other alternative trading system that, although operated independently of Clearing Firm or Broker, may have Clearing Firm or Broker or one of their affiliates as an equity investor. In addition, Broker or Clearing Firm or one or more of its affiliates may decide to display orders or to trade with limit orders displayed by Broker or Clearing Firm on Client’s behalf. These affiliates may operate independently of Broker or Clearing Firm.