Examples of Market Maker in a sentence
Such aggregate fees shall be divided in the manner set forth in Schedule A and will be paid to the Market Maker or such other persons as directed by the Market Maker from time to time.
The Issuer, the Lead Manager and the Market Maker acknowledge and agree that they are severally liable to each other in respect of the representations, warranties, indemnities, undertakings and other obligations given, entered into or made by each of them in this Agreement.
In case the Market Maker gets de-registered as a Market Maker within three (3) years from the date of listing of Equity Shares, LM shall then be responsible to appoint a replacement market maker on mutually acceptable terms to the Issuer and LM.
Once the Market Maker is registered, the Market Maker shall mandatorily act in the capacity as a market maker for a minimum period of three (3) months plus one (1) months’ notice to Bombay Stock Exchange of India Limited.
Consequently, any failure on the part of the Company or the Market Maker to adhere to the time limits shall unless otherwise agreed between the Company and the Market Maker, discharge the Market Maker and/or Company of their respective obligations under the Market Making Agreement.