Effect of Trading Halt Sample Clauses

Effect of Trading Halt. (a) During a Trading Halt, a Member’s access to and use of the Trading System may be suspended in whole or in part, and the Operator may vary the extent of the suspension at any time having regard to subsequent events or circumstances.
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Effect of Trading Halt. During a Trading Halt, AEMO may suspend access to and use of the Auction Platform by the Auction Participant that is subject to the Trading Halt in whole or in part, and AEMO may vary the extent of the suspension at any time having regard to subsequent events or circumstances. AEMO may withdraw or cancel any bid submitted by the Auction Participant while it is subject to a Trading Halt, whether the bid was submitted before or after the Trading Halt commenced. The Auction Participant must while it is subject to a Trading Halt continue to perform its obligations under this Agreement (including its obligations with respect to payment). Default and termination Default events Each of the following is a Default Event under this Agreement: the Auction Participant does not pay an amount due for payment by it to AEMO under this Agreement, or fails to comply with a Margin Call in accordance with clause A.6.9(cccc), by the appointed time on the due date; AEMO does not receive payment in full of any amount claimed by AEMO under any Credit Support in respect of the Auction Participant, within 90 minutes after the due time for payment of that claim; the Auction Participant admits to the AER that it has breached, or is declared by a court to have breached, the Market Conduct Rules, and AEMO reasonably considers that: the breach is ongoing and is likely to have a material adverse effect on the Capacity Auction; and the Auction Participant is unlikely to remedy or remove the circumstances leading to that breach within a reasonable period of time; the Auction Participant ceases to meet the criteria for registration under the Auction Procedures; a representation made or repeated or deemed to have been made or repeated by the Auction Participant under clauses A.16.2 and A.16.3 of this Agreement proves to have been incorrect or misleading in any material respect when made or repeated or deemed to have been made or repeated; the Auction Participant or its Credit Support Provider ceases or is likely to cease to carry on its business or a substantial part of its business; the Auction Participant or its Credit Support Provider enters into or takes any action to enter into an arrangement (including a scheme of arrangement), composition or compromise with, or assignment for the benefit of, all or any class of their respective creditors or members, or a moratorium involving any of them; the Auction Participant or its Credit Support Provider states that it is unable to pay from its ow...
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Effect of Trading Halt. During a Trading Halt, a Member’s access to and use of the Trading System may be suspended in whole or in part, and the Operator may vary the extent of the suspension at any time having regard to subsequent events or circumstances. As far as reasonably practicable, the extent of a suspension should be commensurate with the nature and extent of the matter giving rise to the suspension, provided that nothing in this clause requires the Operator to allow a suspended Trading Participant to submit Orders. A part suspension includes suspension with respect to the trading of specific Products or with respect to trading only (such that the Member can still view information on the Trading System), or restrictions relating to submission of particular Orders, types of Orders or Reallocation Requests. The Operator may: withdraw or cancel any Order submitted by a Trading Participant who is subject to a Trading Halt, whether the Order was submitted before or after the Trading Halt commenced; and remove any Pre-matched Trades from the Trading System. A Member who is subject to a Trading Halt must continue to perform its obligations under this agreement (including its obligations with respect to delivery and payment).
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Related to Effect of Trading Halt

  • RESUMPTION OF TRADING Trading in the Shares was suspended from 9:30 a.m. on 4 November 2009 pending the release of this announcement. Application has been made to the Stock Exchange for the resumption of trading in the Shares from 9:30 a.m. on 11 November 2009.

  • Effect of Transfer If Landlord consents to a Transfer, (i) the terms and conditions of this Lease shall in no way be deemed to have been waived or modified, (ii) such consent shall not be deemed consent to any further Transfer by either Tenant or a Transferee, (iii) Tenant shall deliver to Landlord, promptly after execution, an original executed copy of all documentation pertaining to the Transfer in form reasonably acceptable to Landlord, (iv) Tenant shall furnish upon Landlord’s request a complete statement, certified by an independent certified public accountant, or Tenant’s chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer, and (v) no Transfer relating to this Lease or agreement entered into with respect thereto, whether with or without Landlord’s consent, shall relieve Tenant or any guarantor of the Lease from any liability under this Lease, including, without limitation, in connection with the Subject Space. Landlord or its authorized representatives shall have the right at all reasonable times to audit the books, records and papers of Tenant relating to any Transfer, and shall have the right to make copies thereof. If the Transfer Premium respecting any Transfer shall be found understated, Tenant shall, within thirty (30) days after demand, pay the deficiency, and if understated by more than two percent (2%), Tenant shall pay Landlord’s costs of such audit.

  • GENERAL RULES OF TRADING 14.1. Without prejudice to any other provisions herein and in particular paragraph 14.13 of this Agreement, once the Client places an Order on the Trading Platform, the Company arranges for the execution of the said Order with the Execution Venue according to the Summary of Best Interest and Order Execution Policy, found on the Company’s Website. It is understood that the Company executes the Client Orders in CFDs as an agent, i.e. the Company executes Client’s orders in third party Execution Venue(s).

  • Effect of Transfer Within Escrow After the transfer of escrow securities within escrow, the escrow securities will remain in escrow and released from escrow under this Agreement as if no transfer has occurred on the same terms that applied before the transfer. The Escrow Agent will not deliver any share certificates or other evidence of the escrow securities to transferees under this Part 5.

  • Exchange of Traffic 66.2.1. The Parties may send each other Indirect Traffic.

  • Use of Bulletin Boards Space shall be made available to OCEA on agency/departmental bulletin boards within the Representation Unit provided such use does not interfere with the needs of the agency/department and material posted is not derogatory to the County, County employees or other employee organizations. Notice shall be dated and signed by the authorized representatives of OCEA responsible for its issuance.

  • Authorization of Transaction The Buyer has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of the Buyer, enforceable in accordance with its terms and conditions.

  • Settlement of Transactions 1. The Company shall proceed to a settlement of all transactions upon execution of such transactions.

  • Stock Exchange Listing The shares of Common Stock have been approved for listing on the NASDAQ Capital Market (the “Exchange”), and the Company has taken no action designed to, or likely to have the effect of, delisting the shares of Common Stock from the Exchange, nor has the Company received any notification that the Exchange is contemplating terminating such listing except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Effect of Settlement Neither the Grantee nor any of the Grantee’s successors, heirs, assigns or personal representatives shall have any further rights or interests in any Restricted Stock Units that have been paid and settled. Although a settlement date or range of dates for settlement are specified above in order to comply with Code Section 409A, the Company retains discretion to determine the settlement date, and no Grantee or beneficiary of a Grantee shall have any claim for damages or loss by virtue of the fact that the market price of Common Stock was higher on a given date upon which settlement could have been made as compared to the market price on or after the actual settlement date (any claim relating to settlement will be limited to a claim for delivery of Shares and related dividend equivalents).

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