Covered Order definition

Covered Order means any Order other than an Excluded Order.
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Covered Order means an instruction, other than an instruction with respect to an Excluded Order, to buy or sell that is placed with Parent or an Affiliate of Parent by, for or on behalf of a Parent Customer, for (i) any NMS Security; or (ii) any other type of security mutually agreed upon by the Company or Parent. For the avoidance of doubt, as defined below in paragraph 1.1(y), NMS Security includes both equities and Options.
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Examples of Covered Order in a sentence

  • For purposes of this Section 5.5(a), any Covered Order that is executed away from the Company as a result of a breach of Section 5.4(c) by Parent or Schwab shall be included in the calculation of the total Premium Execution Orders placed by, for or on behalf of Schwab Customers during such twelve (12) month period.

  • Parent shall be responsible for properly designating any short sale as “short” and for obtaining a “locate” or affirmative determination of securities for delivery prior to transmitting any Covered Order.

  • For purposes of this Section 5.5(b), any Covered Order that is executed away from the Company as a result of a breach of Section 5.4(c) by Parent or Schwab shall be included in the calculation of the total Premium Execution Orders placed by, for or on behalf of Schwab Customers during such twelve (12) month period.

  • In the event that the parties cannot agree as to whether a particular transaction constitutes a Covered Order, the transaction shall go forward and the parties shall attempt to resolve any such disagreement promptly by good faith negotiation between executives of each party who have authority to settle the dispute, and their counsel.

  • InnovaCOM shall pay to FutureTel a royalty in the percentage specified below for the applicable year on the total amount paid by InnovaCOM to any Foundry or other silicon source for any silicon (excluding taxes, shipping, delivery, and/or handling charges) (the "Foundry Price") in connection with a Covered Order.

Related to Covered Order

  • Bunched Orders means a single Order placed by an Account Manager for two or more of its Accounts on the SEF operated by BSEF pursuant to Rule 528.

  • Good order for initial premium payments means that the Part 1 of the Application is completed, a suitability review and approval have occurred, all producer licensing issues are resolved, all owner and insured information is furnished, all signatures are obtained, all premium has been received, including any subsequent premiums already due, and all other requirements are satisfied as determined by the Company.

  • Field Order means a written order issued by an authorized County official/employee to the Contractor during construction effecting a change in the Work by authorizing an addition, deletion, or revision in the Work within the general scope of the Work not involving an adjustment in the Contract Price or a change to the Contract Time or Term. No Field Order shall be valid or effective unless it is signed by the County employee(s) who has been authorized in writing by the Chief Executive Officer or his/her designee to execute Field Orders.

  • Hold Order has the meaning specified in Section 11.10(b)(i) below.

  • Covered vessel means a tank vessel, cargo vessel, or passenger vessel.