Non-Transferability and Non-Marketability Clause Samples

The Non-Transferability and Non-Marketability clause restricts the parties from transferring, selling, or otherwise assigning their rights or interests under the agreement to third parties. In practice, this means that any benefits, obligations, or assets covered by the contract cannot be sold, traded, or otherwise made available on the open market or to other individuals or entities without explicit permission. This clause serves to maintain control over who holds contractual rights and obligations, thereby preventing unauthorized or unintended parties from becoming involved and ensuring the original intent and structure of the agreement are preserved.
Non-Transferability and Non-Marketability. A transaction generally cannot be assigned or transferred without the consent of the other party. We are not obliged to repurchase a transaction from you. Because transactions are customised and not fungible, engaging in a transaction with another broking firm to offset a transaction you have entered into with us will not automatically close out those positions (as would be true in the case of equivalent exchange-traded futures and options) and will not necessarily function as a perfect hedge. The above does not purport to identify or disclose all the risks (whether direct or indirect) which may be associated with the securities and/or any transaction. You understand that you should undertake your own research and/or seek independent legal or financial advice or make such independent investigations which you deem necessary or appropriate before commencing or entering into such transactions. Both the Customer and DBS Bank will be dealing with each other as principals and the Customer must therefore look out for his own interests. The Customer agrees that none of DBS Bank and its directors, officers, employees, representatives or agents has any responsibility or duty to make or give any recommendations, information, advice or opinion to the Customer. DBS Bank shall not accept any responsibility for any recommendations, information, advice or opinion given by any of its directors, officers, employees, representatives or agents with respect to the securities and/ or transactions and DBS Bank shall not be responsible or liable for any losses, claims, damages, costs (including legal costs on a full indemnity basis) and expenses whatsoever which the Customer may suffer or incur in connection with any such recommendation, information, advice or opinion. The Customer must satisfy himself that any order given is in his interest to give and that the Customer is doing so as an informed decision. Co. Reg. No. 196800306E Apr ▇▇▇▇ 1. I/We refer to my/our Margin Facility extended by DBS Bank operated under the Margin Trading Agreement (General Terms and Conditions). 2. All capitalized terms undefined in this Letter shall have the same meaning accorded to such term in the Margin Trading Agreement. 3. I/We hereby notify you that my nominated Trading Representative (“TR”) and Broking Firm (if applicable) is as follows: (i) TR Name : TR code : Contact number : (Mobile) : (Office) Broking firm of TR : Securities Trading A/c No. : (ii) TR Name : TR code : Contact number : (Mobi...
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Non-Transferability and Non-Marketability. A transaction generally cannot be assigned or transferred without the consent of the other party. We are not obliged to repurchase a transaction from you. Because transactions are customised and not fungible, engaging in a transaction with another broking firm to offset a transaction you have entered into with us will not automatically close out those positions (as would be true in the case of equivalent exchange-traded futures and options) and will not necessarily function as a perfect hedge.
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Non-Transferability and Non-Marketability. A transaction generally cannot be assigned or transferred without the consent of the other party. The Bank is not obliged to repurchase a transaction from you. Because transactions are customised and not fungible, engaging in a transaction with another dealer to offset a transaction you have entered into with the Bank will not automatically close out those positions (as would be true in the case of equivalent exchange-traded futures and options) and will not necessarily function as a perfect hedge. 1. Introduction BEST EXECUTION DISCLOSURE STATEMENT (“Statement”) Annex 3 (a) to place or execute or both, as the case may be, customers’ (“Customers”, each a “customer”) orders (for purchase or sale of any capital markets products as defined in Section 2 of the Securities and Futures Act) on the best available terms; and (b) to place or execute or both, as the case may be, comparable customers’ orders in accordance with the time of receipt of such orders. We are committed to meeting the best execution requirements and fulfilling the best execution obligations under the relevant UOB policies and guidelines and the applicable laws and regulations. Our commitment to provide you with best execution does not mean that we owe you any fiduciary or other duties over and above the specific regulatory obligations placed upon us. This Statement aims to disclose to you: (i) the circumstances where best execution will be provided by us; (ii) our best execution principles and guidelines; (iii) how we take into account best execution factors when we execute orders for different types of capital markets products and in certain circumstances. 2. Best Execution Framework
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Related to Non-Transferability and Non-Marketability

  • Non-Transferability Benefits under this Agreement cannot be sold, transferred, assigned, pledged, attached or encumbered in any manner.

  • Restriction on Transferability Prior to vesting and delivery of the Shares, neither the mPRSUs, nor the Shares or any beneficial interest therein, may be sold, transferred, pledged, assigned, or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void. Notwithstanding the above, distribution can be made pursuant to will, the laws of descent and distribution, and if provided by the Administrator, intra-family transfer instruments, or to an inter vivos trust, or as otherwise provided by the Administrator. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

  • Non-Transferability of Options The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.

  • Non-Transferability of Option This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

  • Non-Transferability of Award The Award, or any portion thereof, is not transferable except as designated by the Participant by will or by the laws of descent and distribution or pursuant to a domestic relations order. Except as provided in the immediately preceding sentence, the Award shall not be assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant in any way whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process. Any attempt at assignment, transfer, pledge, hypothecation or other disposition of the Award contrary to the provisions hereof, or the levy of any attachment or similar process upon the Award, shall be null and void and without effect.