Examples of designation criteria in a sentence
The Company shall give the Nasdaq National Market timely notice of the issuance of the Shares and shall use all commercially reasonable efforts to maintain the Non-Quantitative Designation Criteria contained in Rule 4460 of the NASD Manual to the extent such criteria are within the control of the Company.
The Corporation shall not be obligated to issue, in the aggregate, more than 3,150,000 shares of Common Stock as presently constituted (the "Nasdaq Cap") upon conversion of the 6% Preferred, if issuance of a larger number of shares would constitute a breach of the Rules or Designation Criteria of the NASDAQ Stock Market (the "NASDAQ Rules").
The Company shall use all commercially reasonable efforts to maintain the Non-Quantitative Designation Criteria contained in Section 5 of Part III of Schedule D of the NASD's Bylaws to the extent such criteria are within the control of the Company.
The Company shall use its best effort to ------------------- meet all requirements necessary for the inclusion of the Common Stock in the NNM, including, without limitation, the quantitative maintenance criteria set forth in Nasdaq Marketplace Rule 4450 (Quantitative Maintenance Criteria) and Nasdaq Marketplace Rule 4460 (Quantitative Designation Criteria), as long as the Company shall have an obligation to maintain the effectiveness of the registration statement filed pursuant to Section 4(b).
If ALTANA determines, within ninety (90) days of the date of the Joint Steering Committee meeting at which the recommendation to ALTANA with respect to a Target pursuant to Section 2.9.2 was made, that such Target meets the Designation Criteria, then ALTANA shall notify GPC in writing (the “Catalogue Target Notice”) and such Target shall constitute a “Catalogue Target”.
The Company shall use its best effort ------------------- to substantially meet the quantitative maintenance criteria set forth in Rule 4450 (Quantitative Maintenance Criteria) of the Rules of the NASD and Rule 4460 (Quantitative Designation Criteria) of the NASD for inclusion in the Nasdaq National Market.
The Collaboration Committee shall, further to Section 2.9.1, without undue delay following disclosure of the validation results of any Target pursuant to Section 2.9.1, convene in person, by telephone or by video conference in order to evaluate each Target so validated and shall, if it considers the Designation Criteria to be met, recommend to the Joint Steering Committee that such Target be designated as a Catalogue Target.
The Company, for a period of twenty-four (24) months following the Effective Date (or such earlier date if the Representative has exercised in full the Underwriters' Purchase Option and the Underwriters' Warrants) shall adopt and implement all corporate governance procedures required of companies listed on the NASDAQ National Market System, including, without limitation, the NASDAQ Stock Markets' Non-Quantitative Designation Criteria for Issuers.
The Collaboration Committee shall promptly notify the Joint Steering Committee of any such Target identified and submit the Designation Criteria of such Target and information regarding such place at which the agreed validation experiments have to be carried out as agreed by the Collaboration Committee.
In addition, notwithstanding its failure to meet the Designation Criteria, Xxxxxxx [***], following Licensee’s request for such designation, confirm that Licensee may designate as a Designated Compound any [***] (each a “Xxxxxxx Designated Compound Confirmation”).