Program Trade definition

Program Trade means a trade resulting from a series of market orders for the purchase or sale of particular securities underlying an index that has been designated by a Market Regulator where such trade is undertaken in conjunction with a trade in a derivative the underlying interest of which is the index.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Program Trade means the Purchase or Sale of a Security resulting from the rebalancing of a Client portfolio due to a deposit or withdrawal of funds by such Client or the need to bring a Client portfolio into alignment with similarly managed portfolios.

Program Trade means a trade that is done to either invest cash or raise cash and that includes transactions in at least 50% of the securities in the applicable MCM advisory client account or accounts. Program Trades generally arise in any of three situations: (1) cash or other assets are being added to an account and the portfolio manager instructs the trader that new securities are to be purchased in a manner that maintains the account’s existing allocations; (2) cash is being withdrawn from an account and the portfolio manager instructs the trader that securities are to be sold in a manner that maintains the account’s current securities allocations; or (3) a new account is established and the portfolio manager instructs the trader to buy specific securities in the same allocation percentages as are held by other advisory client accounts managed in the same strategy.

Examples of Program Trade in a sentence

In the removal of old equipment, the Trade Ally confirms that, as a requirement of the Program, Trade Ally will remove and dispose of, or confirm that the customer has done so, any and all equipment or materials that are replaced or removed in accordance with all applicable laws, rules, and regulations.
At any time prior to a Kairos Change of Control, Kairos may notify Adimab in writing of its desire to elect to pay Adimab the specified percentage of Program Trade Sale Proceeds provided below in lieu of the Royalty Election automatically applying with respect to such Undesignated Rights.
Program Trade Sale Proceeds from Arsanis Trade Sales, and the calculation of such Program Trade Sale Proceeds, shall similarly be included in these reports.
Adimab and Kairos shall each be reasonably available to negotiate in good faith the determination of (i) Program Trade Sale Proceeds (in the case of a Kairos Change of Control) and (ii) Program Transaction Revenue which is Multi-Product Deal Program Transaction Revenue (in the case of a Multi-Product Deal) based on the proportion of the Program Transaction Revenue which is allocable to Licensed Antibodies and Products.
After Program Administrator has approved the annual Program Trade Ally Outreach and Communications Plan, Program Implementer will implement the Trade Ally Outreach and Engagement Plan, including the following elements: • Materials and Collateral.
Such Copyrighted Works include, but are not limited to, the Store Manuals, advertisements, promotional materials, labels, menus, posters, coupons, gift certificates, signs and store designs, plans and specifications and may include all or part of the Marks, Licensed Program, Trade Dress and other portions of the System.
Within [**] days after such disclosure, each Party shall make its detailed proposal as to its calculation of Multi-Product Deal Program Transaction Revenue, Multi-Target Deal Program Transaction Revenue or Program Trade Sale Proceeds, as the case may be, taking into account the portion of Arsanis Trade Sale proceeds attributable to Undesignated Rights and any Combination Product adjustment that the Party proposes under Section 4.3(e).
The amount allocated by written agreement of the Parties or by such arbitration after an Adimab Change of Control shall be the “Program Trade Sale Proceeds.” If the Parties did not reach written agreement, and Adimab has not at that time undergone an Adimab Change of Control prior to the Arsanis Trade Sale, then Program Trade Sale Proceeds shall be equal to all Program Transaction Revenue associated with the Arsanis Trade Sale, treating the Arsanis Trade Sale as a Program Transaction.
At any time prior to an Alector Change of Control, Alector may notify Adimab in writing of its desire to elect to pay Adimab the specified percentage of Program Trade Sale Proceeds provided below in lieu of the Royalty Election automatically applying with respect to such Undesignated Rights.
Trade Ally agrees that in the course of participation in the Program, Trade Ally may have access to information relating to Rocky Mountain Power customers, including personal information and utility account information, obtained in connection with performance of any services as a result of this Agreement or arising out of the Program (“Confidential Information”).

More Definitions of Program Trade

Program Trade means a trading strategy involving the related purchase or sale of a group of 15 or more securities having a total market value of $1 million or more, as further defined in New York Stock Exchange Rule 80A.

Program Trade means a series of Orders given by a Client executed for the purpose of acquiring or disposing for a Client of all or part of a portfolio or a large basket of Financial Instruments; Orders related to Program Trade are not considered as constituting a single Order;

Program Trade means where a Portfolio Manager directs a trader to do trades in, at a minimum, 25-30% of the Securities in an account. Program Trades, generally, arise in three situations: (1) cash or other assets are being added to an account and the Portfolio Manager instructs the trader that new securities are to be bought in a manner that maintains the account's existing allocations; (2) cash is being withdrawn from an account and the Portfolio Manager instructs the trader that securities are to be sold in a manner that maintains the account's current securities allocations; and (3) a new account is established and the Portfolio Manager instructs the trader to buy specific securities in the same allocation percentages as are held by other client accounts.

Related to Program Trade

Program Technology means Program Know-How and Program Patents.
Program Materials means the documents and information provided by the Program Administrator specifying the qualifying EEMs, technology requirements, costs and other Program requirements, which include, without limitation, program guidelines and requirements, application forms and approval letters.
Program Know-How which means any and all Know-How that is created, conceived, discovered, first generated, invented, first made or first reduced to practice, in each case (i) by or on behalf of [***], (ii) by or on behalf of [***] or (iii) by or on behalf of [***], but expressly excluding any Joint Program Know-How.
Marketing program means a program established by order of the director pursuant to this act prescribing rules and regulations governing the marketing for processing, distributing, selling, or handling an agricultural commodity produced in this state or agricultural commodity input during a specified period and
Licensed Program means the executable processing programs of licensed information, which is composed of various modules in the Licensed Software package provided by the Licensor.