National Market System Sample Clauses
The National Market System clause defines the framework for the trading and regulation of securities across multiple exchanges in the United States. It ensures that orders to buy and sell securities are executed at the best available prices by integrating various trading venues and facilitating information sharing among them. For example, it may require brokers to route orders to the exchange offering the best price or to display quotes from multiple markets. The core function of this clause is to promote fair and efficient markets by preventing price fragmentation and ensuring investors receive the most favorable terms available.
National Market System. Neither the Company nor its subsidiary does business with the government of Cuba or with any person or entity located in Cuba.
National Market System. The Company is not and, after giving effect to the offering and sale of the Shares and the application of the net proceeds therefrom as described in the Prospectus, will not be, an "investment company" as defined in the Investment Company Act of 1940.
National Market System. The Shares, when issued and delivered in accordance with the terms hereof, shall be duly issued, fully paid and non-assessable.
National Market System. Sun Common Stock is traded on the NASDAQ/NMS.
