Brokered transaction definition
Brokered transaction means a transaction in which a licensed broker acts as an agent for the seller, purchaser, or both.
Brokered transaction means a transaction in which a properly licensed retailer acts as an agent for the seller or pur- chaser, or both.
Brokered transaction means a transaction arranged off the MTF by a Broker that is an Intermediary between two parties, each of which is a Member, to be executed under these Rules.
More Definitions of Brokered transaction
Brokered transaction for purposes hereof shall mean any transfer of shares through a licensed brokerage house. The foregoing notwithstanding, the Founders, within an agreement between the Company and an underwriter, may sell shares in a Brokered Transaction in conjunction with a registered offering of the shares of the Company. During the term of this Agreement no Founder (or subsequent permitted assignee or transferee) shall sell, transfer, pledge, assign, encumber or otherwise dispose of all or any part of his shares in a "Private Transaction" without the approval of a majority of the Board of Directors, such approval not to be unreasonably withheld. "Private Transaction" for the purposes hereof shall mean any transfer of shares outside of a "Brokered Transaction".
Brokered transaction means a Transfer of Company Stock in compliance with Rule 144 under the Securities Act but only pursuant to a “brokered transaction” (as defined in clauses (1) and (2) of paragraph (g) of such rule as in effect on the date hereof).