Premium Execution Orders Sample Clauses

Premium Execution Orders. (i) The Company shall provide order handling services for each Premium Execution Order routed to the Company as follows: (1) For a Premium Execution Order of an Equity Security that is traded on an Exchange or on Nasdaq and for which the Order size does not exceed the Block Share Amount for such Equity Security, such Premium Execution Order shall be executed by the Company pursuant to a proprietary intelligent routing and trading technology that uses available real-time market data to identify the best available price in the national market and execute such Order as principal or agent in each case in accordance with Section 2.4(a) (Execution Quality Service Levels), it being understood that the Company may execute such Order as principal or agent; and (2) For all other Premium Execution Orders (including Orders for Equity Securities that are Non-Nasdaq OTC Securities or for which the Order size equals or exceeds the Block Share Amount for such Equity Security) the Company shall have the right, but not the obligation, to route such Order pursuant to a proprietary intelligent routing and trading technology that uses available real-time market data to identify the best available price in the national market and execute such Order as principal or agent, in any case in accordance with Section 2.4 (Execution Quality Service Levels), it being understood that the Company shall, in its sole discretion, determine whether to execute such Premium Execution Orders either as principal or by routing the Order to another market center as riskless principal or agent. (ii) All Premium Execution Orders shall be executed by the Company on a principal, riskless principal or agency basis without commission or commission equivalent.
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Related to Premium Execution Orders

  • Litigation; Orders There is no Proceeding (whether federal, state, local or foreign) pending or, to the knowledge of the Acquiror Company, threatened against or affecting the Acquiror Company or any of Acquiror Company’s properties, assets, business or employees. To the knowledge of the Acquiror Company, there is no fact that might result in or form the basis for any such Proceeding. The Acquiror Company is not subject to any Orders.

  • Creation Orders After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Shares through DTC and the DTC Participant and the Cash Component, if any, through the Federal Reserve Bank wire system so as to be received by the creator no later than on the third (3rd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

  • Commission Orders If the Commission shall issue any stop order or any other order preventing or suspending the use of the Prospectus, or shall institute any proceedings for that purpose, then the Company will promptly notify the Dealer Manager and use its commercially reasonable efforts to prevent the issuance of any such order and, if any such order is issued, to use commercially reasonable efforts to obtain the removal thereof as promptly as possible.

  • Redemption Orders In the case of Day 1 Trades that constitute a net redemption (including exchanges) Order, the Fund or its designee will arrange for a federal funds wire transfer of the net redemption amount to a custodial account designated by the Company on Day 2, or in no instance later than the time provided for in the applicable Portfolio’s Prospectus.

  • Termination – Orderly After receipt of a termination notice from the County of Orange, the Contractor may submit to the County a termination claim, if applicable. Such claim shall be submitted promptly, but in no event later than 60 days from the effective date of the termination, unless one or more extensions in writing are granted by the County upon written request of the Contractor. Upon termination County agrees to pay the Contractor for all services performed prior to termination which meet the requirements of the Contract, provided, however, that such compensation combined with previously paid compensation shall not exceed the total compensation set forth in the Contract. Upon termination or other expiration of this Contract, each party shall promptly return to the other party all papers, materials, and other properties of the other held by each for purposes of performance of the Contract.