Listing Authorization Clause Samples
A Listing Authorization clause grants a real estate agent or broker the exclusive or non-exclusive right to list a property for sale or lease on behalf of the owner. This clause typically outlines the scope of the agent’s authority, the duration of the listing period, and any limitations or conditions, such as whether the listing is exclusive or open. By clearly defining the agent’s rights and responsibilities, the clause ensures both parties understand the terms of representation and helps prevent disputes over commissions or marketing efforts.
Listing Authorization. The Company shall use its reasonable best efforts to cause (a) promptly following the approval of all of the Stockholder Proposals, all of the Common Shares of the Company then outstanding and (b) promptly following the effectiveness of a Shelf Registration Statement filed with the SEC in accordance with Section 4.9 with respect to the Warrant and the Series B Shares to be acquired in the Investment, the Warrant and such Series B Shares, in each case (a) and (b), to have been authorized for listing on the Nasdaq National Market (“NASDAQ”) or such other market on which the Common Stock is then listed or quoted subject to official notice of issuance.
Listing Authorization. The TI Shares issuable to the Blocker Seller pursuant to Section 1.02(a) and Section 3.02(c) and/or the Accredited Unitholders pursuant to Section 2.10 and Section 2.11(c) shall have been authorized for listing on the New York Stock Exchange and the Toronto Stock Exchange upon official notice of issuance.
Listing Authorization. The Company (i) shall use its reasonable best efforts to cause promptly following the approval of the Shareholder Proposals and prior to their issuance, all Common Shares issuable upon conversion of the Series D Stock and (ii) shall use its reasonable best efforts to cause, not later than the date that is 120 days after the Closing Date, the Series D Stock, if still outstanding, in each of (i) and (ii), to have been authorized for listing on the NASDAQ or such other market on which the Common Stock is then listed or quoted subject to official notice of issuance.