Priority of Orders. All orders received in the order book are sorted and matched based on a protocol of variables to be considered in the following order: (i) price, (ii) firm (provided, however, that a firm order that constitutes an Iceberg order which is indicated as having zero notional amount visible shall be considered after all other displayed firm orders), (iii) non-firm (see Section 9), (iv) time.
Priority of Orders. Sales of Securities held for the Account will be made only by or through us, as Manager. Sales of Securities held by an Underwriter (other than for carrying purposes) will be for the sole account of such Underwriter. We may determine that a portion of the Securities of one or more ma turities will be allocated as Retentions to one or more of the Managers and not sold by the Account. We will notify you of any Retentions so determined. Unless we otherwise provide in the Initial Wire or in a Pricing Wire (upon consultation with the Issue r where appropriate, or if so requested by the Issuer) and other than Retentions, the priority to be accorded to different types of orders to purchase Securities from the Account will be as follows:
1. Group net orders (public offering price)
2. Net designated orders (public offering price less Total Takedown or as otherwise specified in the Initial Wire or in a Pricing Wire)
3. Member orders (public offering price less Total Takedown) We may change the order indicated above (upon consultation with the Issuer where appropriate, or if so requested by the Issuer), provided that, on a case-by-case basis, we also may allocate Securities in a manner other than in accordance with the agreed-upon order of priority if we determine, in our sole and absolute discretion, that such allocation is in the best interest of the Account. We will promptly communicate any change governing the priority of orders to all Underwriters participating in the Account; provided, however, that the failure to communicate such information shall not be construed as releasing any Underwriter from any responsibility or liability to the Account under this Master Agreement. Within a priority, we may grant preference in allocation to institutional purchasers, retail purchasers or such other purchasers as we determine in our discretion to be desirable, and not contrary to the best interest of the Account. No orders obtained by you (other than for Retentions) will be confirmed by you until approved by us. The amount of your Participation will not entitle you to the confirmation by us to you of any Securities and we will only accept orders in accordance with the priorities established by this Master Agreement or as modified in the Initial Wire or in a Pricing Wire. Orders submitted by you for your account will be treated as orders at the public offering price less any applicable Total Takedown unless otherwise requested at the time such orders are submitted to us. W...
Priority of Orders. If GWI determines that Supplier is unlikely ------------------ to be able to schedule production as indicated in Section 4.3(b) above, then GWI shall advise Supplier of the priority of production within the Primary Facility for GWI's Binding Primary Commitments, Binding Secondary/Steriles Commitments, POs for Clinical Materials or for Primary Inventory and Replenishment Products. If a change in a Replenishment Forecast previously delivered by GWI, the issuance by GWI of a new PO for Secondary/Steriles Products or for Primary Products from Primary Inventory or other causes under GWI's primary control (but not under Supplier's control) is the basis for the delivery of such notice, the parties' obligations with respect to the production, purchase and sale of Products, including without limitation obligations with respect to service level, shall be modified in accordance with the adjustments in scheduled delivery dates made by GWI pursuant to this Section 4.3.
Priority of Orders. Unless we otherwise provide in the Invitation Wire, the priority to be accorded to different types of orders to purchase Securities from the Account shall be as follows:
1. Presale orders
2. Group net orders
3. Net designated orders
4. Member orders We may change the order indicated above only with the consent of Participants having a majority interest in the Account. On a case-by-case basis, we also may allocate Securities in a manner other than in accordance with the agreed-upon order of priority if we determine, in our sole and absolute discretion, that such allocation is in the best interest of the Account. We will promptly communicate any change governing the priority of orders to all Participants; provided, however, that the failure to communicate such information shall not be construed as releasing any Participant from any responsibility or liability to the Account under this Master Agreement.
Priority of Orders. (a) A Member undertaking business on his own account or on account of a director, employee, Responsible Individual, or trader of the Member as well as on account of other clients shall always give priority to the orders of such other clients. However, this Rule does not require Members with house or other proprietary orders already entered in IPE ETSthe ICE Platform when a client order is received at the same price, to give precedence to that client order.
