Common use of Market Maker Clause in Contracts

Market Maker. A dealer (i.e., any Person who engages directly or indirectly as agent, broker or principal in the business of offering, buying, selling, or otherwise dealing or trading in securities issued by another Person) who, with respect to a particular security, (i) regularly publishes bona fide, competitive bid and offer quotations in a recognized inter-dealer quotation system; or (ii) furnishes bona fide competitive bid and offer quotations on request; and (iii) is ready, willing, and able to effect transactions in reasonable quantities at his quoted prices with other brokers or dealers.

Market Maker. A dealer (i.e., any Person who engages directly or ------------ indirectly as agent, broker broker, or principal in the business of offering, buying, selling, or otherwise dealing or trading in securities issued by another Person) who, with respect to a particular security, (i) regularly publishes bona fide, competitive bid and offer quotations in a recognized inter-dealer quotation system; system or (ii) furnishes bona fide competitive bid and offer quotations on request; request and (iiiii) is ready, willing, willing and able to effect transactions in reasonable quantities at his its quoted prices with other brokers or dealers.