Marketable Security definition

Marketable Security means any common stock, debt security or other security of a Person which is (or will, upon distribution thereof, be) listed on the NYSE, the NYSE Amex, NASDAQ or any other national securities exchange registered under Section 6 of the Securities Exchange Act of 1934, as amended, or approved for quotation in any system of automated dissemination of quotations of securities prices in the United States or for which there is a recognized market maker or trading market.
Marketable Security means any common stock, debt security or other security of a Person which is (or will, upon distribution thereof, be) listed on the NYSE, the American Stock Exchange, NASDAQ or any other national securities exchange registered under Section 6 of the Securities Exchange Act of 1934, as amended, or approved for quotation in any system of automated dissemination of quotations of securities prices in the United States or for which there is a recognized market maker or trading market.
Marketable Security means a security of such a description as to be capable of being sold in any stock market in India;

Examples of Marketable Security in a sentence

  • No adjustment shall be made pursuant to this Section (i) if the effect thereof would be to reduce the Conversion Price below the par value (if any) of the Common Stock or other Marketable Security, if any, or (ii) subject to Section 12.03(5) hereof, with respect to any Security that is converted prior to the time such adjustment otherwise would be made.

  • Subject to the next succeeding sentence, the Company will, as soon as practicable thereafter, issue and deliver at said office or place to such Holder of a Security, or to his nominee or nominees, certificates for the number of full shares of Common Stock or other Marketable Security to which he shall be entitled as aforesaid, together, subject to the last sentence of paragraph (a) above, with cash in lieu of any fraction of a share to which he would otherwise be entitled.

  • No adjustment shall be made pursuant to this Section (i) if the effect thereof would be to reduce the Conversion Price below the par value (if any) of the Common Stock or other Marketable Security, if any, or (ii) subject to Section 13.03(5) hereof, with respect to any Security that is converted prior to the time such adjustment otherwise would be made.

  • No adjustment shall be made pursuant to this Section (i) if the effect thereof would be to reduce the Conversion Price below the par value (if any) of the Common Stock or other Marketable Security, if any, or (ii) subject to Section 12.03(5) hereof, with respect to any Security that is converted prior to the time such adjustment otherwise would be made.SECTION 12.04 Consolidation or Merger of the Company.

  • The Company may, but shall not be required, in connection with any conversion of Securities, to issue a fraction of a Class A Share or of such other Marketable Security, and, if the Company shall determine not to issue any such fraction, the Company shall, subject to Section 12.03 (4), make a cash payment (calculated to the nearest cent) equal to such fraction multiplied by the Closing Price of the Class A Shares or such other Marketable Security on the last Trading Day prior to the date of conversion.


More Definitions of Marketable Security

Marketable Security means a security of such a description as to be capable of being sold or negotiated in any stock market;
Marketable Security means any marketable security contemplated in Item 11 of Schedule 1 but does not include any marketable security made out to bearer or in any manner so as to be transferable by delivery only;
Marketable Security means any security, stock, debenture, share or other interest capable of being sold in a sharemarket or exchange or otherwise and, where the context so requires, includes the scrip, certificate, warrant or other instrument by which the ownership of or title to any such security, stock, debenture, share or other interest is represented;
Marketable Security. : shall mean any security listed on the New York Stock Exchange, the Nasdaq Global Market or the Nasdaq Global Select Market.
Marketable Security means any security that is described in Section 7.7.1, Section 7.7.2 or Section 7.7.3, and which is not subject to any “hold back” or “lock up” required by a managing underwriter in connection with the public offering of equity securities of the Portfolio Company which issued such Marketable Securities, or any restriction on the disposition thereof under the terms of any other agreement or of any law, regulation or policy of any state, and each Member’s entire holdings of such Marketable Securities can be sold by such Member to the general public without the necessity of any federal, state or local government consent, approval or filing (other than any notice filings of the type required pursuant to Rule 144(h) under the Securities Act of 1933, as amended) and without violation of federal or state securities laws.
Marketable Security. :- "Marketable security" means a security of such a description as to be capable of being sold in any stock market in India or in the United Kingdom.
Marketable Security means a security of such a description as to be capable of being sold or negotiated in any stock market in Malaysia or elsewhere;