Common use of Allocation of Securities Clause in Contracts

Allocation of Securities. NBDB has a policy regarding the allocation of securities among its clients, when demand for securities exceeds the number available at NBDB. This policy is intended to ensure a fair distribution of these securities among NBDB clients;

Allocation of Securities. NBDB has a policy regarding the allocation of securities among its clients, when demand for securities exceeds the number available at NBDB. This policy is intended to ensure a fair distribution of these securities among NBDB clientsclients and thus avoid that a client entitled to a quantity of securities does not receive his fair share;