Block Trades definition
Block Trades means (A) block trades that exceed a number of shares valued at $100,000.
Block Trades means (A) block trades that exceed a number of shares valued at $50,000, if the VWAP of the Company’s Common Stock is greater than $0.10 for the five (5) Trading Days immediately preceding the Advance Notice Date, and shall mean (B) block trades that exceed the lesser of (i) 100,000 shares of Common Stock or (ii) a number of shares valued at $10,000, if the VWAP of the Company’s Common Stock is $0.10 or less for the five (5) Trading Days immediately preceding the Advance Notice Date.
Block Trades means any privately negotiated transaction involving the sale or resale of Common Shares, executed outside of the public exchange (including trades executed through alternative trading systems, dark pools, or direct negotiation), involving at least 10,000 Common Shares, including trades where a broker-dealer attempts to sell the securities as agent but may position and resell a portion of the block as principal to facilitate the transaction. Such trades may be conducted without substantial marketing efforts prior to pricing and may include same-day trades, overnight trades or similar transactions.
Examples of Block Trades in a sentence
The Company shall not be required to effectuate more than two (2) Block Trades in any 90-day period.
A Holder in the aggregate may demand no more than four (4) Block Trades or Other Coordinated Offerings pursuant to this Section 2.3 in any twelve (12) month period.
Without limiting the generality of the foregoing, if an Authorized Broker submits Block Trades on Participant’s behalf in connection with the use of Services, Participant represents and warrants that such Authorized Broker is authorized to act on Participant’s behalf and instructs Nodal to comply with any instructions submitted by such Authorized Broker on behalf of Participant.
For the avoidance of doubt, this Section 3.1.7 shall not apply to Block Trades.
For the avoidance of doubt, this Section 3.1.8 shall not apply to Block Trades.
More Definitions of Block Trades
Block Trades means block trades greater than 50,000 shares.
Block Trades means a Trade which is executed via a block trade facility, however described in the relevant Operating Rules; Clearing House means the clearing house or clearing facility appointed as clearing house or clearing facility by an Exchange, a Market and/or under the Corporations Act; Corporation means a corporation as defined in the Corporations Act; Dealing means dealing in a Futures Contract or an Exchange Traded Derivative as defined in Section 766C of the Corporations Act; "Deal" has a corresponding meaning; Document means:
Block Trades. Section 1 "Blocking Event" Section 2.5(a)(i) "Bylaws" Section 5.2(a) "Business Intellectual Property" Section 1 "Business Trade Secrets" Section 5.17(b)(x) "Capital Stock" Section 1 "Claims" Section 9.1(a) "Closing Date" Section 1 "Code" Section 5.10 "Commission" Section 2.4(d) "Commitment Period" Section 1 "Common Stock" Recitals "Company" Preamble "Company Assets" Section 5.14 "Company Permits" Section 5.6 "Condition Precedent Date" Section 3.1 "Deemed Receipt" Section 3.3 "Demand Notice" Section 1 "Designated Officer" Section 1 "DTC" Section 2.4(b) "Due Diligence Materials" Section 1 "Due Diligence Period" Section 1 "Due Diligence Request List" Section 1 "DWAC" Section 2.4(b) "Effective Date" Section 1 "Environmental Laws" Section 5.12 "ERISA" Section 5.10 "Exchange Act" Section 1 "GAAP" Section 5.8(a) "Governmental Entity" Section 1 "Floor Price" Section 1 "Hazardous Substance" Section 5.12 "Indemnified Damages" Section 9.1(a) "Indemnified Party" Section 9.1(b) "Indemnified Person" Section 9.1(a) "Intellectual Property" Section 1 "Intellectual Property Contracts" Section 1 "Intellectual Property Rights" Section 5.17 "Knowledge" Section 1 "Licensed Intellectual Property" Section 1 "Liens" Section 5.14 "Material Adverse Effect" Section 1 "Material Contracts" Section 5.13(a) FUEL(TM) PATENT PENDING
Block Trades means a Trade which is executed via a block trade facility, however described in the relevant Operating Rules;
Block Trades means block trades greater than 20,000 shares.
Block Trades means block trades greater than 5,000 shares.
Block Trades means any privately negotiated transaction involving the sale or resale of Common Shares, executed outside of the public exchange (including trades executed through alternative trading systems, dark pools, or direct negotiation), involving at least 10,000 Common Shares, including trades where a broker-dealer attempts to sell the securities as agent but may position and resell a portion of the block as principal to facilitate the transaction. Such trades may be conducted without substantial marketing efforts prior to pricing and may include same-day trades, overnight trades or similar transactions. (x) “Bona Fide Offer” shall have the meaning set forth in Section 6.22. (y) “Closing” shall have the meaning set forth in Section 2.04. (z) “Commitment Amount” shall have the meaning set forth in the recitals of this Agreement. (aa) “Commitment Period” shall mean the period commencing on the date of this Agreement and expiring upon the date of termination of this Agreement in accordance with Section 9.01. (bb) “Commitment Shares” shall have the meaning set forth in Section 11.04. (cc) “Common Share Equivalents” means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares. (dd) “Common Shares” shall have the meaning set forth in the recitals of this Agreement. (ee) “Company” shall have the meaning set forth in the preamble of this Agreement. (ff) “Company Indemnitees” shall have the meaning set forth in Section 5.02. (gg) “Condition Satisfaction Date” shall have the meaning set forth in Annex I. (hh) “Confirmation Deadline” means, in connection with (i) an Advance Notice selecting an Accelerated Purchase Pricing Period or Extended Purchase Pricing Period, 4:00 p.m. New York City time (or the conclusion of Regular Trading Hours on the Principal Market, if earlier) on the Trading Day of the applicable Pricing Period, and (ii) an Advance Notice selecting an Overtime Purchase Pricing Period, 8:00 p.m. New York City time on the After Market Trading Day of the applicable Pricing Period. (ii) “Contingent Obligation” means, as to any Person, any direct or indirect liability, contingent or otherwise, of that Person with respect to any Indebtedness, lease, dividend ...