Common use of Secondary Market Trading and Standard & Poor’s Clause in Contracts

Secondary Market Trading and Standard & Poor’s. In the event the Public Securities are not listed on the Nasdaq Capital Market or such other national securities exchange: (a) the Company will apply to be included in the Mergent Manual, Inc. or Standard & Poor’s Corporation Records for a period commencing on the Effective Date and expiring on the earlier of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Act, (b) the Company shall take such steps as may be necessary to obtain a secondary market trading exemption for the Public Securities in such jurisdictions as may be requested by the Representative; provided, however, no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction, and (c) the Company shall also take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative and shall at the beginning of each fiscal quarter, provide Representative with a written report detailing those states in which the Securities may be traded in non-issuer transactions under Blue Sky laws of the fifty States.

Appears in 6 contracts

Samples: Underwriting Agreement (BGS Acquisition Corp.), Underwriting Agreement (BGS Acquisition Corp.), Underwriting Agreement (BGS Acquisition Corp.)

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Secondary Market Trading and Standard & Poor’s. In the event the Public Securities are not listed on the Nasdaq Capital Market or such other a national securities exchange: (a) if requested by the Representative, the Company will apply to be included in the Mergent Manual, Inc. or Standard & Poor’s Corporation Records for a period commencing on the Effective Date and expiring on the earlier of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Act, (b) the Company shall take such steps as may be necessary to obtain a secondary market trading exemption for the Public Securities in such jurisdictions as may be requested by the Representative; provided, however, no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction, and (c) the Company shall also take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative and shall at the beginning of each fiscal quarter, provide Representative with a written report detailing those states in which the Securities may be traded in non-issuer transactions under Blue Sky laws of the fifty StatesRepresentative.

Appears in 2 contracts

Samples: Underwriting Agreement (Empeiria Acquisition Corp), Underwriting Agreement (Empeiria Acquisition Corp)

Secondary Market Trading and Standard & Poor’s. In the event the Public Securities are not listed on the Nasdaq Capital New York Stock Exchange or AMEX or quoted on the NASDAQ Global Market or such other national securities exchangeNASDAQ Capital Market: (a) the Company will apply to be included in the Mergent Manual, Inc. or Standard & and Poor’s Daily News and Corporation Records Corporate Descriptions for a period commencing on the Effective Date and expiring on the earlier fifth anniversary of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Actconsummation of a Business Combination, (b) the Company shall take such steps as may be necessary to obtain a secondary market trading exemption for the Public Securities Company’s securities in such jurisdictions as may be requested by the Representative; provided, however, no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction, and (c) the . The Company shall also take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in I such other states as may be requested by the Representative and shall at the beginning of each fiscal quarterRepresentative. Broadband Capital Management LLC _________ __, provide Representative with a written report detailing those states in which the Securities may be traded in non-issuer transactions under Blue Sky laws of the fifty States.2008

Appears in 1 contract

Samples: Underwriting Agreement (Korea Milestone Acquisition CORP)

Secondary Market Trading and Standard & Poor’s. In the event the Public Securities are not listed on the New York Stock Exchange or AMEX or quoted on the Nasdaq Capital Market or such other national securities exchangeGlobal Market: (a) the Company will apply to be included in the Mergent Manual, Inc. or Standard & and Poor’s Daily News and Corporation Records Corporate Descriptions for a period commencing on the Effective Date and expiring on the earlier fifth anniversary of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Actconsummation of a Business Combination, (b) the Company shall take such steps as may be necessary to obtain a secondary market trading exemption for the Public Securities Company’s securities in such jurisdictions as may be requested by the Representative; provided, however, no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction, and (c) the . The Company shall also take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in I such other states as may be requested by the Representative and shall at the beginning of each fiscal quarterRepresentative. Broadband Capital Management LLC ____________, provide Representative with a written report detailing those states in which the Securities may be traded in non-issuer transactions under Blue Sky laws of the fifty States.2007

Appears in 1 contract

Samples: Underwriting Agreement (Hambrecht Asia Acquisition Corp.)

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Secondary Market Trading and Standard & Poor’s. In the event the Public Securities are not listed on the Nasdaq Capital Market or such other national securities exchange: (a) the Company will apply to be included in the Mergent Manual, Inc. or Standard & Poor’s Corporation Records for a period commencing on the Effective Date and expiring on the earlier of five (5) years from the Effective Date or until the Public Securities are no longer registered under the Exchange Act, (b) the Company shall take such steps as may be necessary to obtain a secondary market trading exemption for the Public Securities or securities subject to the Registration Rights Agreement in such jurisdictions as may be requested by the Representative; provided, however, no qualification shall be required in any jurisdiction where, as a result thereof, the Company would be subject to service of general process or to taxation as a foreign corporation doing business in such jurisdiction, and (c) the Company shall also take such other action as may be reasonably requested by the Representative to obtain a secondary market trading exemption in such other states as may be requested by the Representative and shall at the beginning of each fiscal quarter, provide Representative with a written report detailing those states in which the Securities may be traded in non-issuer transactions under the Blue Sky laws of the fifty States.

Appears in 1 contract

Samples: Underwriting Agreement (Australia Acquisition Corp)

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