Common use of Payment of Commissions Clause in Contracts

Payment of Commissions. Consultant may place buy and sell orders with or through such brokers or dealers as it may select. It is the policy and practice of Consultant to strive for the best price and execution and for commission and discounts which are competitive in relation to the value of the transaction and which comply with Section 28(e) of the Securities and Exchange Act. Nevertheless, it is understood that Consultant may pay a commission on transactions in excess of the amount another broker or dealer may charge, and that Consultant makes no warranty or representation regarding commissions paid on transactions hereunder.

Appears in 3 contracts

Sources: Consulting Services Agreement, Consultant Services Agreement, Professional Services

Payment of Commissions. Investment Consultant may place buy and sell orders with or through such brokers or dealers as it may select. It is the policy and practice of Investment Consultant to strive for the best price and execution and for commission and discounts which are competitive in relation to the value of the transaction and which comply with Section 28(e28( e) of the Securities and Exchange Act. Nevertheless, it is understood that Investment Consultant may pay a commission on transactions in excess of the amount another broker or dealer may charge, and that Investment Consultant makes no warranty or representation regarding commissions paid on transactions hereunder.

Appears in 1 contract

Sources: Investment Consulting Agreement