Common use of Open Market Purchases and Sales Clause in Contracts

Open Market Purchases and Sales. Purchases and sales of Sponsor Stock shall be made on the open market in accordance with the Trustee’s standard trading guidelines, as they may be amended from time to time, as necessary to honor batch activity. Such general rules shall not apply in the following circumstances:

Appears in 6 contracts

Samples: Trust Agreement (Progressive Corp/Oh/), Trust Agreement (Expedia, Inc.), Trust Agreement (Entegris Inc)

AutoNDA by SimpleDocs

Open Market Purchases and Sales. Purchases and sales of Sponsor Stock shall be made on the open market in accordance with the Trustee’s standard trading guidelines, as they may be amended by the Trustee from time to time, as necessary to honor batch activity. Such general rules shall not apply in exchange and withdrawal activity and to maintain the following circumstancestarget cash percentage and drift allowance for the Stock Fund, provided that:

Appears in 4 contracts

Samples: Trust Agreement (Zions Bancorporation, National Association /Ut/), Trust Agreement (Zions Bancorporation /Ut/), Trust Agreement (Zions Bancorporation /Ut/)

AutoNDA by SimpleDocs

Open Market Purchases and Sales. Purchases and sales of Sponsor Company Stock shall be made on the open market in accordance with the Trustee’s standard trading guidelines, as they may be amended from time to time, as necessary to honor batch activity. Such general rules shall not apply in the following circumstances:

Appears in 1 contract

Samples: Progressive Corp/Oh/

Time is Money Join Law Insider Premium to draft better contracts faster.