Block Sales definition

Block Sales means a sale of at least 10,000 shares of Common Stock.
Block Sales means a sale of at least 10,000 shares of Common Stock. "Closing" shall have the meaning set forth in the Securities Purchase Agreement. "Closing Price" means the closing price of the Common Stock as reported on the American Stock Exchange (or, if not traded on the American Stock Exchange, any national securities exchange or automated quotation services on which the Common Stock is then listed for trading). "Common Stock" means and includes the Company's authorized common stock, par value $0.0001 per share. "Company" shall have the meaning set forth in the preamble hereof. "Covered Stock" means 75% of an Additional Purchaser's total holdings of Common Stock (calculated assuming the exercise of all rights, options and warrants to purchase Common Stock or securities convertible or exchangeable for shares of Common Stock, and the conversion or exchange of all securities convertible or exchangeable for Common Stock) purchased under the Additional Purchase Agreement (as adjusted for stock splits, stock combinations and the like). "Effective Date" means the Closing Date (as defined in the Securities Purchase Agreement). "Election Period" shall have the meaning set forth in Section 2.2 hereof. "Existing Stockholder" shall have the meaning set forth in Section 3.1 hereof. "MSDW" shall have the meaning set forth in Section 2.5 hereof. "Parties" means all of the parties that are signatories to this Agreement. "Person" means and includes an individual, a corporation, a limited liability company, an association, a partnership, a trust or estate, a government or any department or agency thereof. "Purchasers" shall have the meaning set forth in the preamble hereof. "Qualified Primary Offering" means a firmly underwritten primary registered public offering of Common Stock by the Company that raises at least $35 million in aggregate gross proceeds at a price of at least $5.00 per share (as adjusted for stock splits, stock combinations and the like). "Sale Notice" shall have the meaning set forth in Section 2.2 hereof. "Securities Purchase Agreement" shall have the meaning set forth in the first recital hereof. "Selling Party" shall have the meaning set forth in Section 2.2 hereof. "Series A Preferred Stock" shall have the meaning set forth in the first recital hereof. "Uncovered Stock" means any Additional Purchaser's total holdings of Common Stock that is not Covered Stock.
Block Sales means a sale of at least 10,000 shares of Common Stock. "Closing Price" means the closing price of the Common Stock as reported on the American Stock Exchange (or, if not traded on the American Stock Exchange, any national securities exchange or automated quotation services on which the Common Stock is then listed for trading). "Common Stock" means and includes the Company's authorized common stock, par value $0.0001 per share. "Company" shall have the meaning set forth in the preamble hereof. "Investors" shall have the meaning set forth in the preamble hereof. "Parties" means all of the parties that are signatories to this Agreement from time to time, including under any joinders executed pursuant to the terms hereof, other than the Company. "Person" means and includes an individual, a corporation, a limited liability company, an association, a partnership, a trust or estate, a government or any department or agency thereof. "Redemption and Exchange Agreement" shall have the meaning set forth in the fourth WHEREAS clause hereof. ARTICLE II

Examples of Block Sales in a sentence

  • Any such Shelf Takedown may be made in the United States by and pursuant to any method or combination of methods legally available to the CD&R Stockholders (including an underwritten offering, a direct sale to purchasers, a sale to or through brokers, dealers or agents, a sale over the internet, Block Sales, derivative transactions with third parties, sales in connection with short sales and other hedging transactions).

  • Any such Shelf Takedown may be made in the United States by and pursuant to any method or combination of methods legally available to any Holder or Holders of Registrable Securities (including, but not limited to, an Underwritten Offering, a direct sale to purchasers, a sale to or through brokers, dealers or agents, a sale over the internet, Block Sales, derivative transactions with third parties, sales in connection with short sales and other hedging transactions).

  • It is further understood that a Butcher Block Sales Clerk may perform all duties of a meat wrapper.

  • It is further understood that Butcher Block Sales Clerks may perform all work necessary for the handling and sale of product in their department including the cutting and processing of all meat and in response to a specific customer request.

  • Butcher Block Sales person assigned to a separate Seafood Department (within a store) may prepare all seafood items for said department.

  • The TP can execute a Regular Block Sale provided that the TP has submitted, no later than 12 noon Philippine Time, a duly executed block sale application for Regular Block Sales before actual execution of the Block Sale, and the approval of the Market Operations Division (the “MOD”) of the Philippine Stock Exchange has been obtained.

  • Instead of providing an IOU Firm Power Block Sales Agreement (Block Sales Agreement) for a specified amount of firm power under section 5(b) of the Northwest Power Act, this proposed section 5(c) prototype agreement provided a specified amount of firm power under a Negotiated In Lieu Agreement.

  • This restriction will not apply to Block Sales, as defined below, which shall be previously notified to Vivo.

  • Any Shelf Takedown may be made by and pursuant to any method or combination of methods legally available to the Stockholders (including an underwritten offering, a direct sale to purchasers, a sale to or through brokers, dealers or agents, a sale over the internet, Block Sales, derivative transactions with third parties, sales in connection with short sales and other hedging transactions).

  • The Companies and MLI agree that such sales will be made in a commercially reasonable manner, which may include Block Sales at discounts to current market prices that, in MLI's judgment, are commercially reasonable and appropriate at the time of such sales.


More Definitions of Block Sales

Block Sales means individual sale transactions of not less than 200,000 shares of Registrable Securities each at the latest reported market price in market or private transactions approved in writing by UCBH in advance (such approval not to be unreasonably withheld, conditioned or delayed).
Block Sales means individual sale transactions of not less than fifty thousand (50,000) Shares, in market or private transactions, effected with the prior written consent of Parent.