Common use of Stop Trade Clause in Contracts

Stop Trade. A Securities Exchange Commission (the “SEC”) stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for five consecutive days or five days during a period of ten consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within thirty (30) days of the notice thereof or list the Common Stock on another Principal Market within sixty (60) days of such notice. The “Principal Market” for the Common Stock shall include the Pink Sheets, the OTC Bulleting Board, NASDAQ Capital Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock).

Appears in 2 contracts

Samples: EMTA Holdings, Inc., EMTA Holdings, Inc.

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Stop Trade. A Securities Exchange Commission (the “SEC”) stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for five ten consecutive days or five ten days during a period of ten fifteen consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within thirty (30) days of the notice thereof or list the Common Stock on another Principal Market within sixty (60) days of such notice. The “Principal Market” for the Common Stock shall include the Pink Sheets, the OTC Bulleting Bulletin Board, NASDAQ Capital Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock).

Appears in 1 contract

Samples: Host America Corp

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Stop Trade. A Securities Exchange Commission (the “SEC”) An SEC stop trade order or Principal Market trading suspension of the Common Stock common stock shall be in effect for five (5) consecutive trading days or five (5) trading days during a period of ten (10) consecutive trading days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within thirty (30) days of the notice thereof or list the Common Stock common stock on another Principal Market within sixty (60) days of such notice. The “Principal Market” for the Common Stock common stock shall include the Over the Counter Bulletin Board (“OTCBB”), Pink SheetsOTC Markets, the OTC Bulleting Board, NASDAQ Capital Market, NASDAQ National Market System, American Stock ExchangeNYSE or NYSE Amex, or New York Stock Exchange the NASDAQ, (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stockcommon stock, or any securities exchange or other securities market on which the common stock is then listed or traded).

Appears in 1 contract

Samples: Stock Purchase Agreement (Catalyst Ventures Inc)

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