Equity Definitions Clause Samples

Equity Definitions. Clause (b) of the last sentence of each of the definitions of Fleet Equity, Investor Equity, MSCP Equity and ▇▇▇▇▇▇-▇▇▇▇▇▇ Equity in Section 8.01 of the Original Agreement is hereby amended to read as follows: (b) distributed to the public after a Public Offering through a broker, dealer or market maker pursuant to Rule 144 in compliance with Article 6 in a transaction that is not (i) in excess of the volume limitations of Rule 144 or (ii) a block trade by any holder of Investor Equity who cannot at the time of the block trade immediately Transfer all of the Investor Equity held by such holder without exceeding the volume limitations of Rule 144 . . ."

Equity Definitions. The defined terms for an ED Transaction shall have the meanings provided in the Confirmation for such ED Transaction. By way of explanation, the terms defined in the Equity Matrix for an ED Transaction are sourced from the 2011 ISDA Equity Derivatives Definitions as published by ISDA and amended and restated from time to time (the “Equity Definitions”). Each Confirmation however, defines the terms used therein and does not incorporate by reference the Equity Definitions or any terms therefrom.