Control Securities definition

Control Securities means securities of Ecogen, other than Restricted Securities, owned by a Holder at the time such Holder would be deemed to be an Affiliate of Ecogen.

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Control Securities means, at any time, (i) shares of any class of securities of the Company entitled to vote generally on matters submitted to the stockholders of the Company for a vote and (ii) the Class B Shares.

Control Securities means securities of an issuer that are held by an affiliate (as such term is defined under Rule 144 promulgated under the Securities Act) of the issuer.

Examples of Control Securities in a sentence

• The purchase price for the Change of Control Securities shall be the book value, as determined in accordance with the statutory accounting principles applicable to the Company, of the Change of Control Securities as of the time such Shareholder underwent the Change of Control (the “Call Option Purchase Price”).

• To exercise its right to purchase the Change of Control Securities, the Company shall deliver written notice of such exercise to the Shareholder which underwent the Change of Control and the other Shareholders prior to the expiration of such 20 day call exercise period.

• The notice of exercise shall indicate the number of Change of Control Securities that the Shareholder seeks to purchase.

• After Securities Intermediary’s receipt of a Notice of Exclusive Control, Securities Intermediary shall credit to the Account all proceeds received by it with respect to the Collateral.

• Until Securities Intermediary receives a Notice of Exclusive Control, Securities Intermediary shall transfer to Pledgor (by credit to the Custodial Account) all proceeds received by it with respect to the Collateral.

• Upon receipt of a Notice of Exclusive Control, Securities Intermediary shall, without inquiry and in reliance upon such Notice, thereafter comply with Oral or Written Instructions (including entitlement orders) solely from Secured Party with respect to the transfer of Collateral from the Account.

• Notes represented by Restricted Control Securities may only be transferred in compliance with the restrictions set forth in the Restricted Control Security Legend.

• Upon the transfer, exchange or replacement of Securities bearing the Control Securities Legend, the Registrar shall deliver only Securities that bear such Control Securities Legend unless there is delivered to the Registrar an Opinion of Counsel to the effect that neither such legend nor the related restrictions on transfer are required in order to maintain compliance with the provisions of the Securities Act.

• Until Securities Intermediary receives a Notice of Exclusive Control, Securities Intermediary shall transfer to Pledgor (whether by credit to Pledgor’s custody account at Securities Intermediary or otherwise) all proceeds received by it with respect to the Collateral.

• Upon receipt of a Notice of Exclusive Control, Securities Intermediary shall, without inquiry, thereafter comply with Written Instructions (including entitlement orders and other instructions) solely from Secured Party with respect to the Account.

More Definitions of Control Securities

Control Securities means securities of the Company, other than Restricted Securities, owned by a Holder at the time such Holder would be deemed to be an Affiliate of the Company.

Control Securities mean securities held by an affiliate (as such term is defined in Rule 144 under the Securities Act of 1933) of the Company.

Control Securities means any Class A Ordinary Shares held by any of the Sponsors, the Anchor Investor, the Forward Purchase Investor or any of their respective Permitted Transferees, in each case to the extent that such Class A Ordinary Shares constitute “control” securities for purposes of Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission).

Control Securities means securities of the Company, ------------------ other than Restricted Securities, owned by a Holder at the time such Holder would be deemed to be an Affiliate of the Company.

Control Securities means securities which, through voting rights, by or in tandem with contractual rights, or otherwise (alone or in conjunction with other elements), confer upon the holder thereof the power to influence the management, policies, or direction of the issuer thereof.

Control Securities means securities of the Company, other than Restricted Securities, owned by a Holder at the time such Holder would be deemed to be an Affiliate of the Company. "Credit Facilities" means the Company Credit Facility and the ▇▇▇▇▇▇▇▇ Credit Facility. "Director" means a member of the Board of Directors of the Company. "Effective Date" means November , 1996. "Effective Date Percentage" means the greater of 53% or the percentage of outstanding shares of Common Stock of the Company held by Monsanto immediately after the consummation of the transactions contemplated by the Stock Purchase Agreement. "Equity Security" means (i) any Common Stock or other Voting Stock, (ii) any securities of the Company convertible into or exchangeable for Common Stock or other Voting Stock or (iii) any options, rights or warrants (or any similar securities) issued by the Company to acquire Common Stock or other Voting Stock. "Exchange Act" means the Securities Exchange Act of 1934, as amended. "Financial Purchaser" means a Person (i) purchasing Company Securities from Monsanto for investment purposes or otherwise in the ordinary course of business and not for the purpose nor with the effect of changing or influencing the control of the Company and (ii) which Person is not already primarily in the same lines of business as the Company. 2