Block Transaction definition

Block Transaction means any Transfer of Securities constituting more than 50% of the aggregate Lee Xxxurities held by the Lee Xxxestors immediately after the closing under the Contribution Agreement to a single transferee (other than the Company).
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Block Transaction has the meaning ascribed thereto in Section 3.2(f).
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Block Transaction has the meaning set forth in the Preamble.
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Examples of Block Transaction in a sentence

  • The Exchange shall immediately notify the parties to the transaction of the details of the Block Transaction upon confirmation, and immediately update the ICE NGX Clearing System reports.

  • Immediately upon agreeing to enter into the Block Transaction, or upon the market’s opening (or re-opening) if the transaction is agreed to be entered into by the parties at a time when the market is closed, the buyer of the Block Transaction or its agent shall report the details of the Block Transaction directly into ICEBlock, by Verbal Instruction to the Exchange, or by such other method or media permitted by the Exchange.

  • Upon request by any employee of the compliance department, Contracting Parties must produce satisfactory evidence that the Block Transaction was arranged in accordance with the Agreement.

  • A Contracting Party, for its own account, may aggregate multiple orders to meet the contract minimums for a Block Transaction.

  • A Block Transaction may be entered for any Same-Day Delivery Tenor of any Physically-Settled Natural Gas Futures Product identified on Schedule D.

  • Within 15 minutes of reporting the details of the Block Transaction, the seller of the Block Transaction or its agent shall confirm such Block Transaction on the screen or by telephonic means, instant message or email as provided by the Exchange.

  • The minimum volume to qualify as a Block Transaction under this rule is as the Exchange shall establish in its discretion and publish in Schedule “D” to this Agreement, available on Exchange’s Website, from time to time.

  • Each time a Contracting Party quotes a Block Transaction price, the Contracting Party must make clear to each potential counterparty that the price being quoted is a Block Transaction price for a Futures Transaction and is not the price prevailing on the ICE NGX Trading System for a Futures Transaction in that Product.

  • Within 15 minutes of reporting the details of the Block Transaction, the seller of the Block Transaction or its agent shall confirm such Block Transaction on the screen or by telephonic means as provided by the Exchange.

  • Entering into Financially Settled Futures Transactions – Each of Exchange and the Contracting Party, agrees to be bound by any Financially Settled Futures Transactions as: (i) entered into by the Contracting Party through the ICE NGX Trading System; (ii) entered into as a Block Transaction; or (iii) entered into the ICE NGX Clearing System through the Exchange of Futures for Related Product provision of Section 3.2(f).

Related to Block Transaction

  • Public-finance transaction means a secured transaction in connection with which:

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Real estate related financial transaction means any transaction involving:

  • Contactless Transaction means a Transaction that is authorised by you touching or holding your Card or linked device against or near a POS Terminal without the need to insert your Card.

  • Sale and Lease-Back Transaction means any arrangement providing for the leasing by the Issuer or any of its Restricted Subsidiaries of any real or tangible personal property, which property has been or is to be sold or transferred by the Issuer or such Restricted Subsidiary to a third Person in contemplation of such leasing.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Strategic Transaction means a transaction or relationship in which the Company issues Common Stock to an entity which is, itself or through its subsidiaries, an operating company in a business related to the business of the Company and in which the Company receives material benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital.

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • Third Party Acquisition has the meaning set forth in Section 4.7(a).

  • Capital Reorganization has the meaning ascribed thereto in subsection 2.12(4);

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Company Acquisition means (i) a merger, consolidation, business combination, recapitalization, liquidation, dissolution or similar transaction involving the Company pursuant to which the stockholders of the Company immediately preceding such transaction hold less than fifty percent (50%) of the aggregate equity interests in the surviving or resulting entity of such transaction, (ii) a sale or other disposition by the Company of assets representing in excess of fifty percent (50%) of the aggregate fair market value of the Company's business immediately prior to such sale, or (iii) the acquisition by any person or group (including by way of a tender offer or an exchange offer or issuance by the Company), directly or indirectly, of beneficial ownership or a right to acquire beneficial ownership of shares representing in excess of fifty percent (50%) of the voting power of the then outstanding shares of capital stock of the Company.

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

  • Capital Markets Debt means any debt securities or debt financing issued pursuant to an indenture, notes purchase agreement or similar financing arrangement (but excluding any credit agreement) whether offered pursuant to a registration statement under the Securities Act or under an exemption from the registration requirements of the Securities Act.