Exchange Listing definition

Exchange Listing means a listing of a Borrower’s Common Shares on a national securities exchange.

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange (including through an initial public offering) or a sale of all or substantially all of our assets to, or a merger or other liquidity transaction with, an entity in which the Trust’s Shareholders receive shares of a publicly traded company which continues to be managed by the Adviser or an affiliate thereof.

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange (including through an initial public offering).

Examples of Exchange Listing in a sentence

• After an Exchange Listing or a Liquidity Event, the Trust may be dissolved by the affirmative vote or consent of at least a majority of the Trustees and 75% of the Continuing Trustees, without the vote of the Shareholders.

• Subsequent to any Exchange Listing, the Company will pay the Advisor (i) a Base Management Fee calculated at an annual rate of 1.25% of the Company’s average gross assets, at the end of the two most recently completed calendar quarters and (ii) the Income Incentive Fee and Capital Gains Incentive Fee described above except that all of the 12.5% figures referenced therein will be increased to 15.0%.

• Prior to an Exchange Listing, the Board of Trustees shall consist of one class.

• Immediately prior to an Exchange Listing, the Board of Trustees shall be divided into three classes, designated Class I, Class II and Class III, as nearly equal in number as possible, and the term of office of all Class I, Class II and Class III Trustees shall expire one year, two years and three years, respectively, from the date on which the Board of Trustees was classified.

More Definitions of Exchange Listing

Exchange Listing shall have the meaning given to such term in the Subscription Agreements.

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange.

Exchange Listing means a quotation or listing of the Company’s securities on a stock exchange, including through an initial public offering.

Exchange Listing and “Listing” shall mean the listing of the Common Shares (or any successor thereof) on a national securities exchange or national securities association registered with the Commission or the receipt by the Shareholders of Securities that are approved for trading on a national securities exchange or national securities association registered with the Commission in exchange for the Common Shares. The term “Listed” shall have the correlative meaning. With regard to the Common Shares, upon commencement of trading of the Common Shares on a national securities exchange or national securities association registered with the Commission, the Common Shares shall be deemed Listed.

Exchange Listing means a quotation or listing of the Company’s securities on a national securities exchange (including through an initial public offering) or a sale of all or substantially all of its assets to, or a merger or other liquidity transaction with, an entity in which the Company’s shareholders receive shares of a publicly-traded company which continues to be managed by GSO Asset Management LLC or an affiliate thereof.

Exchange Listing means the listing of the Common Shares on an Exchange;

Exchange Listing has the meaning set forth in Section 6.1(c).