Short and Long Sales Sample Clauses

Short and Long Sales. In placing any sell order for a short account, you will designate the order as such and hereby authorize Bear Xxxxxxx to xxxx the order as being "short." In placing any sell order for a long account, you will designate the order as such and hereby authorize Bear Xxxxxxx to xxxx the order as being "long." The designation of a sell order as being for a long account shall constitute a representation that you own the security with respect to which the order has been placed, that such security may be sold without restriction in the open market and that, if Bear Xxxxxxx does not have the security in its possession at the time you place the order, you shall deliver the security by settlement date in good deliverable form or pay to Bear Xxxxxxx any losses or expenses incurred by it as a result of your failure to make delivery on a timely basis.
Sample 1Sample 2Sample 3See All (13)
AutoNDA by SimpleDocs
Short and Long Sales. In placing any sell order for a short account, you will designate the order as such and hereby authorize Bear Steaxxx xx mark xxx order as being "short." In placing any sell order for a long account, you will designate the order as such and hereby authorize Bear Steaxxx xx mark xxx order as being "long." The designation of a sell order as being for a long account shall constitute a representation that you own the security with respect to which the order has been placed, that such security is not restricted under Rules 144 and 145 under The Securities Act of 1933 or any other applicable law, rule or regulation and, as such, may be sold without restriction in the open market and that, if Bear Steaxxx xxxs not have the security in its possession at the time you place the order, you shall deliver the security by settlement date in good deliverable form or pay to Bear Steaxxx xxx losses and expenses it may incur or sustain as a result of your failure to make delivery on a timely basis.
Sample 1See All (5)
Short and Long Sales. It is understood and agreed that the undersigned, when placing with you any sell order for a short account, will designate it as such and hereby authorizes you to xxxx such order as being 'short,' and when placing with you any sell order for a long account, will designate it as such and hereby authorizes you to xxxx such order as being 'long.' Any sell order which the undersigned shall designate as being for a long account, as above provided, is for securities then owned by the undersigned and, if such securities are not then deliverable by you from any account of the undersigned, the placing of such order shall constitute a representation by the undersigned that it is impracticable for the undersigned then to deliver such securities to you but that the undersigned will deliver them as soon as it is possible to do so, without undue inconvenience or expense to you.
Sample 1Sample 2See All (4)
Short and Long Sales. In placing any sell order, I agree to designate the order as a “short” sale or a “long” sale and hereby authorize HSBC Securities to mark the order accordingly. The designation of a sell order as being “short” shall constitute any sale of a security not owned by the seller or any sale that is consummated by delivery of a borrowed security. I understand that an approved margin account will be required for short sales. The designation of a sell order as being “long” shall constitute a representation that I own the security with respect to which the order has been placed, that such security may be sold without restriction in the open market and that, if you do not have the security in your possession at the time I place the order, I shall deliver the security by settlement date in Good Deliverable Form or pay to you any losses and expenses you may incur or sustain as a result of my failure to make delivery on a timely basis. Short sales may not be available in all accounts types. For more information please contact your HSBC Securities representative or HSBC Securities at the phone number listed at the beginning of this agreement.
Sample 1Sample 2
Short and Long Sales. In placing any sell order for a short account, you will designate the order as such and hereby authorize TradeStation Securities to mark the order as being “short.” In placing any sell order for a long account, you will designate the order as such (which may mean, simply, that it is not expressly marked “short”) and hereby authorize TradeStation Securities to mark the order as being “long.” The designation by you of a sell order as being for a long account shall constitute a representation by you that you own the security with respect to which the sell order has been placed, that such security may be sold without restriction in the open market and that, if TradeStation Securities does not have the security in its possession at the time you place the sell order, you shall deliver the security by settlement date in good deliverable form or pay to TradeStation Securities any losses and expenses it may incur or sustain as a result of your failure to make delivery on a timely basis. You expressly authorize TradeStation Securities to liquidate your Account assets, in whole or in part, in its sole and absolute discretion, for the purpose of recovering any losses or expenses TradeStation Securities will or may suffer or incur as a result of your failure to timely make such delivery or following you making any indication to TradeStation Securities that you may not timely make such delivery.
Sample 1
Short and Long Sales. Client agrees to comply with all of the Applicable Law relating to short sales, including but not limited to the requirement that Client, when placing with UBS Securities any short sale order, will designate it as such, and when placing with UBS Securities any long sell order for securities, will designate it as such to the extent Client "has a net long" position in such securities and, if such securities are not then deliverable by UBS Securities from any Accounts of Client, the placing of such order shall constitute a representation by Client that it is impracticable for Client then to deliver such securities to the relevant UBS Entity but that Client will deliver them as soon as it is commercially practicable to do so.
Sample 1
Short and Long Sales. In placing any sell order for a short account, you will designate the order as such and hereby authorize the Clearing Agent Group or your Brokerage Firm, as the case may be, to mxxx the order as being “short”. In placing any sell order for a long account, you will designate the order as such and hereby authorize the Clearing Agent Group or your Brokerage Firm, as the case may be, to mxxx the order as being “long”. The designation by you of a sell order as being for a long account shall constitute a representation by you that you own the security with respect to which the sell order has been placed, that such security may be sold without restriction in the open market and that, if the Clearing Agent Group does not have the security in its possession at the time you place the sell order, you shall deliver the security by settlement date in good deliverance form or pay to the Clearing Agent Group or your Brokerage Firm, as the case may be, any losses and expenses it or they may incur or sustain as a result of your failure to make delivery on a timely basis.
Sample 1
AutoNDA by SimpleDocs
Short and Long Sales 
Sample 1Sample 2Sample 3See All (4)

Related to Short and Long Sales

  • Excess Sales If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s Original Underwriting Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will not be attributed to such Underwriter, and such Underwriter will be regarded as having acted only as a Dealer with respect to, and will receive only the concession to Dealers on, such excess.

  • Rule 144 Sales (a) The Company covenants that it will file the reports required to be filed by the Company under the Securities Act and the Exchange Act, so as to enable any Holder to sell Registrable Securities pursuant to Rule 144 under the Securities Act.

  • Minimum Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

  • Sales On the settlement date for a sale, Bank will credit the Cash Account with the proceeds of the sale and transfer the relevant Financial Assets to an account at the Bank pending settlement of the trade where not already delivered.

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Limitation on Short Sales and Hedging Transactions The Buyer agrees that beginning on the date of this Agreement and ending on the date of termination of this Agreement as provided in Section 11(k), the Buyer and its agents, representatives and affiliates shall not in any manner whatsoever enter into or effect, directly or indirectly, any (i) “short sale” (as such term is defined in Section 242.200 of Regulation SHO of the 0000 Xxx) of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock.

  • Private Sales (a) Each Pledgor recognizes that the Administrative Agent may be compelled, at any time after the occurrence and during the continuance of an Event of Default, to conduct any sale of all or any part of the Pledged Interests without registering or qualifying such Pledged Interests under the Securities Act of 1933, as amended (the “Securities Act”), and/or any applicable state securities laws in effect at such time. Each Pledgor acknowledges that any such private sales may be made in such manner and under such circumstances as the Administrative Agent may deem necessary or advisable in its sole and absolute discretion, including at prices and on terms that might be less favorable than those obtainable through a public sale without such restrictions (including, without limitation, a public offering made pursuant to a registration statement under the Securities Act), and, notwithstanding such circumstances, agrees that any such sale shall not be deemed not to have been made in a commercially reasonable manner solely because it was conducted as a private sale, and agrees that the Administrative Agent shall have no obligation to conduct any public sales and no obligation to delay the sale of any Pledged Interests for the period of time necessary to permit its registration for public sale under the Securities Act and applicable state securities laws, and shall not have any responsibility or liability as a result of its election so not to conduct any such public sales or delay the sale of any Pledged Interests, notwithstanding the possibility that a substantially higher price might be realized if the sale were deferred until after such registration. Each Pledgor hereby waives any claims against the Administrative Agent or any other Secured Party arising by reason of the fact that the price at which any Pledged Interests may have been sold at any private sale was less than the price that might have been obtained at a public sale or was less than the aggregate amount of the Secured Obligations, even if the Administrative Agent accepts the first offer received and does not offer such Pledged Interests to more than one offeree.

  • Rule 144 Transfers If the transfer is being effected pursuant to Rule 144:

  • Net Sales The term “

Time is Money Join Law Insider Premium to draft better contracts faster.