Common use of Fixed Price Offerings Clause in Contracts

Fixed Price Offerings. Correspondent agrees that in making sales of securities, as part of a fixed price offering, it will comply with all applicable rules of the NASD, including, without limitation, the NASD's Interpretations with respect to Free-Riding and Withholding and under 2740 of NASD Conduct Rules.

Fixed Price Offerings. Correspondent agrees that in making sales of securitiesSecurities, as a part of a fixed price offering, it will comply with all applicable rules of the NASD, including, without limitation, the NASD's Interpretations with respect to Free-Riding and Withholding under Article III, Sections I and under 2740 24, of NASD Conduct Rulesthe NASD's Rules of Fair Practice.