Principal Trading Facility definition

Principal Trading Facility means the Nasdaq National Market, the Nasdaq SmallCap Market, the New York Stock Exchange or the OTC Bulletin Board, whichever is at the time the principal trading exchange or market for the Class A Common Stock, it being acknowledged and agreed by the parties that, as of the date hereof, the Principal Trading Facility is the OTC Bulletin Board.
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Examples of Principal Trading Facility in a sentence

  • The Company shall use commercially reasonable efforts to continue the listing and trading of its Class A Common Stock on the Principal Trading Facility (including, without limitation, maintaining sufficient net tangible assets) and will comply in all respects with the applicable reporting, filing and other obligations under the bylaws or rules of the NASD and the Principal Trading Facility.

  • The Company shall maintain the listing of the Class A Common Stock on a Principal Trading Facility, and as soon as practicable (but in any event prior to the commencement of the Commitment Period) will cause the Put Shares and any Blackout Shares to be listed on the Principal Trading Facility.

  • The Company has registered its Class A Common Stock pursuant to Section 12(b) or 12(g) of the Exchange Act and is in full compliance with all reporting requirements of the Exchange Act, and the Company has maintained all requirements for the continued listing or quotation of its Class A Common Stock, and such Class A Common Stock is currently listed or quoted on the Principal Trading Facility.

  • The Company further shall, if the Company applies to have the Class A Common Stock traded on any other Principal Trading Facility, include in such application the Put Shares and any Blackout Shares, and shall take such other action as is necessary or desirable in the opinion of the Investor to cause the Class A Common Stock to be listed on such other Principal Trading Facility as promptly as possible.

  • The issuance of shares of Class A Common Stock with respect to the applicable Closing, if any, shall not violate the shareholder approval requirements of the NASD or the Principal Trading Facility.

  • As of the date hereof, the Principal Trading Facility is the OTC Bulletin Board.

  • The Investor's trading activities with respect to shares of the Company's Class A Common Stock will be in compliance with all applicable state and federal securities laws, rules and regulations (including, without limitation, the regulations set forth in Regulation M under the Securities Act) and the rules and regulations of the Principal Trading Facility on which the Company's Class A Common Stock is listed.

  • Unless the Company obtains the requisite approval of its shareholders in accordance with the corporate laws of Delaware and the applicable rules of the Principal Trading Facility and the NASD, no more than 19.9% of the Outstanding shares of Class A Common Stock may be issued and sold in the aggregate pursuant to this Agreement.

  • If the Company is required to obtain shareholder approval in accordance with the applicable rules of the Principal Trading Facility and the NASD, unless the Company obtains such approval of its shareholders, no more than 19.9% of the Outstanding shares of Class A Common Stock may be issued and sold in the aggregate pursuant to this Agreement.

Related to Principal Trading Facility

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the Nasdaq Capital Market.

  • multilateral trading facility or ‘MTF’ means a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments – in the system and in accordance with non-discretionary rules – in a way that results in a contract in accordance with Title II of this Directive;

  • Generating Market Buyer means an Internal Market Buyer that is a Load Serving Entity that owns or has contractual rights to the output of generation resources capable of serving the Market Buyer’s load in the PJM Region, or of selling energy or related services in the PJM Interchange Energy Market or elsewhere. Generation Capacity Resource:

  • Wastewater treatment facility means a treatment works, as

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Local Traffic for the purposes of this Agreement the Parties shall agree that “Local Traffic” means traffic (excluding Commercial Mobile Radio Service “CMRS” traffic) that is originated and terminated within Embarq’s local calling area, or mandatory extended area service (EAS) area, as defined by the Commission or, if not defined by the Commission, then as defined in existing Embarq Tariffs. For this purpose, Local Traffic does not include any ISP-Bound Traffic.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Major Trading Area or "MTA" means Major Trading Area as defined by the FCC in 47 C.F.R. Part 24.202.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Centralized Message Distribution System or "CMDS" means the operation system that Local Exchange Carriers use to exchange outcollect and IABS access messages among each other and other parties connected to CMDS.

  • Public facility means 1 or more of the following:

  • Trading Cushion means the mandatory fifteen (15) Trading Days between Put Dates.

  • BBBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;