Limitations on Trading Sample Clauses

Limitations on Trading. The Investor hereby covenants and agrees that from the date hereof until the earliest of (A) 4:00 p.m. on the twenty-fifth (25th) Trading Day immediately following the Second Closing Date, (B) the termination of this Agreement and (C) the failure of the Second Closing to occur on or prior to the thirty-first (31st) Trading Day immediately following the First Closing Date, the Investor shall not, on any Trading Day, sell shares of Common Stock on the Company’s principal market that constitute more than 15% of the daily trading volume of the Common Stock on such Trading Day, as reported on Bloomberg.
Sample 1
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Limitations on Trading. The Investor hereby covenants and agrees that from the date hereof until the Issuance Date (as defined in Section 3(j) below), the Investor (and its affiliates and related entities and persons) shall not, on any Trading Day, sell shares of Common Stock on the Company’s Principal Market that constitute more than twenty percent (20%) of the daily trading volume of the Common Stock on such Trading Day, as reported on Bloomberg; provided, that, if on any Trading Day the market price of the Common Stock equals or exceeds $1.10, the Investor may sell shares of Common Stock on the Company’s Principal Market up to a maximum of thirty percent (30%) of the daily trading volume of the Common Stock on such Trading Day. Upon each request of the Company in connection with any Trading Day(s) from the date hereof until the Issuance Date, the Investor shall provide a trading report to the Company detailing the Investor’s trade activity in the Common Stock as well as related pricing information with respect to the particular Trading Day(s) requested; provided, that, the Company may only make one (1) such request in any five (5) Trading Day period.
Sample 1
Limitations on Trading. Neither the Purchaser nor any of its Affiliates shall enter into any transaction in the Transferred Shares until the registration of such shares under the Securities Act of 1933, as amended (the: ”Securities Act”) or until such shares may be sold pursuant to an exemption from registration under the Securities Act.
Sample 1
Limitations on Trading. During the Inspection Period, neither the Purchaser nor any of its Affiliates shall enter into any transaction in the Shares.
Sample 1
Limitations on Trading. Each Buyer covenants and agrees, other than at a time that the reported trading price of the Common Stock equals or exceeds $2.00 per share, that it shall not sell, exchange or transfer any shares of Common Stock on any trading day in an amount that would cause such Buyer and its affiliates, directly or indirectly, to have made in excess of 15% of the daily trading volume of the Common Stock on the Principal Market as reported by Bloomberg Financial L.P. (based on a trading day from 9:30 a.m. Eastern Time to 4:00 p.m. Eastern Time) on such trading day.
Sample 1
Limitations on Trading. (a) The Resulting Issuer Shares and Resulting Issuer Replacement Securities issued in exchange for the MJIC Securities (the “Consideration Securities”) will be issued by the Resulting Issuer in such a manner as to be (i) exempt or excluded from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws, and (ii) exempt from the prospectus and registration requirements of the securities laws, rules and regulations of British Columbia, and such Resulting Issuer Shares will be subject to resale restrictions under Applicable Securities Laws.
Sample 1
Limitations on Trading. The Company reserves the right to establish internal trading limits for all its customers that limit the maximum permitted value of unsettled receivables between the Customer and the Company. Exceeding such a limit may mean that execution of a trade is refused. In addition, the Company reserves the right, without giving further reasons, to refuse to execute any transaction that the Company considers is in conflict with law, regulations or rules set by the relevant marketplaces, as well as those that are contrary to the Company’s own ethical guidelines.
Sample 1
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Related to Limitations on Trading

  • Limitations on Transfer In addition to any other limitation on transfer created by applicable securities laws, Purchaser shall not assign, encumber or dispose of any interest in the Shares except in compliance with the provisions below and applicable securities laws.

  • Limitations on Transfers Federal regulations limit transfers for savings accounts and money market accounts, if applicable. During any statement period, you may not make more than six withdrawals or transfers to another Credit Union account of yours or to a third party by means of a pre-authorized or automatic transfer. This includes transfers by phone, fax, wire and cable, audio response, overdraft transfers to checking and Internet instruction. No more than three of the six transfers may be made by check, draft or debit card, or similar order to a third party. A pre-authorized transfer includes any arrangement with us to pay a third party from your account upon oral or written orders including orders received through the automated clearinghouse (ACH). If you exceed the transfer limitations set forth above in any statement period, the transfer may not be completed, your regular share account and draft account may be subject to a fee, account closure, or suspension or we may revoke your access to Online Banking. We will not be required to complete a withdrawal or transfer from your account(s) if you do not have enough money in the designated account(s) to cover the transaction; however, we may complete the transaction. You agree not to use Online Banking to initiate a transaction that would cause the balance in your designated account(s) to go below zero. If you have a line-of-credit, you agree not to use Online Banking to initiate a transaction that would cause the outstanding balance of your line-of-credit to go above your credit limit. We will not be required to complete such a transaction, but if we do, you agree to pay us the excess amount or improperly withdrawn amount or transferred amount immediately upon our request. We also will refuse to complete your Online Banking transactions if we have canceled your Online Banking access, or we cannot complete the transaction for security reasons. The functions and limitations of Online Banking may be updated, without notice, at the option of the Credit Union in order to provide improved service to the membership.

  • Limitations on Transferability This Agreement is personal to the Grantee, is non-assignable and is not transferable in any manner, by operation of law or otherwise, other than by will or the laws of descent and distribution.

  • Restrictions on Transfer (a) The Preferred Stock and the Registrable Securities shall not be sold, pledged, or otherwise transferred, and the Company shall not recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the provisions of the Securities Act. A transferring Holder will cause any proposed purchaser, pledgee, or transferee of the Preferred Stock and the Registrable Securities held by such Holder to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Agreement.

  • Restrictions on Transfers (a) Except as provided in Section 4.8(e), notwithstanding the other provisions of this Article IV, no transfer of any Partnership Interests shall be made if such transfer would (i) violate the then applicable federal or state securities laws or rules and regulations of the Commission, any state securities commission or any other governmental authority with jurisdiction over such transfer, (ii) terminate the existence or qualification of the Partnership under the laws of the jurisdiction of its formation, or (iii) cause the Partnership to be treated as an association taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes (to the extent not already so treated or taxed). The Partnership may issue stop transfer instructions to any Transfer Agent in order to implement any restriction on transfer contemplated by this Agreement.

  • General Restrictions on Transfer (a) Each Stockholder understands and agrees that the Company Securities held by it on the date hereof may not have been registered under the Securities Act and may be restricted securities under the Securities Act. Each Stockholder agrees that it shall not Transfer any Company Securities (or solicit any offers in respect of any Transfer of any Company Securities), except in compliance with the Securities Act, any other applicable securities or “blue sky” laws, and the restrictions on Transfer contained in this Agreement.

  • Restrictions on Transferability The Warrants and the Warrant Stock shall not be transferred, hypothecated or assigned before satisfaction of the conditions specified in this Section 9, which conditions are intended to ensure compliance with the provisions of the Securities Act with respect to the Transfer of any Warrant or any Warrant Stock. Holder, by acceptance of this Warrant, agrees to be bound by the provisions of this Section 9.

  • Restrictions on Testing If the Engineer will perform commercial laboratory testing under this contract, on any project the Engineer may not perform more than one of the following types of testing:

  • Restrictions on Transfer and Exchange (a) The transfer or exchange of any Note (or a beneficial interest therein) may only be made in accordance with this Section and Section 2.09 and, in the case of a Global Note (or a beneficial interest therein), the applicable rules and procedures of the Depositary. The Trustee shall refuse to register any requested transfer or exchange that does not comply with the preceding sentence.

  • Restrictions on Transfer; Legends (a) The Transferor Certificates shall be assigned, transferred, exchanged, pledged, financed, hypothecated, or otherwise conveyed (collectively, for purposes of this Section and any other Section referring to the Transferor Certificates, "transferred" or a "transfer") only in accordance with this Section.

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