Distribution Securities definition
Examples of Distribution Securities in a sentence
Such adjustment shall be made whenever such rights or warrants are issued, and shall become effective immediately after the record date for the determination of stockholders entitled to receive such Distribution Securities.
In case there is not sufficient cash or available credit on the Settlement Agent Syndication Cash Account or, as the case may be, on the Settlement Agent Trading Cash Account, the newly issued securities will remain in the Syndicated New Issues Distribution Securities Account until there is sufficient cash or credit on the Settlement Agent Syndication Cash Account or, as the case may be, on the Settlement Agent Trading Cash Account [or the Final Settlement Date].
Item 6.04- Failure to Make a Required Distribution Securities Administrator Item 6.05- Securities Act Updating Disclosure Depositor If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Regulation AB disclosure about the actual asset pool.
In case there is not sufficient cash or available credit on the Lead Manager Syndication Cash Account or, as the case may be, on the Lead Manager Trading Cash Account, the newly issued securities will remain in the Syndicated New Issues Distribution Securities Account until there is sufficient cash or credit on the Lead Manager Syndication Cash Account or, as the case may be, on the Lead Manager Trading Cash Account [or the Final Settlement Date].
Item 6.04 - Failure to Make a Required Distribution Securities Administrator Item 6.05 - Securities Act Updating Disclosure Depositor If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool.
Any attempt to assign this Option Agreement, any interest therein or any such Call Option Shares, Distributions or Distribution Securities and any levy of execution, attachment, or similar process on such securities or property shall be null and void.
Any Distribution or Distribution Securities shall become a part of the Call Option Shares to which it relates, and upon the exercise of the Call Option shall be transferred to the Option Holder without extra cost.
A "Distribution" means any property receivable by the Optionor as owner of any Call Option Shares, or as owner of any Distribution or Distribution Securities, and shall include, without limitation, non-cash dividends, cash, securities or other property arising from a reorganization, recapitalization, stock split, liquidation, sale or merger of the Optionor or the issuer of any security which is a Distribution or Distribution Security, or otherwise.
In determining the number of Distribution Securities for purposes of this Agreement it is intended that in the event of any adjustments, in accordance with the Exchange Agreement, of the Class B Shares or Class C Shares which results in the exchange ratio of Class B Shares into Pubco Shares or Class C Shares into Pubco Shares being other than a one-to-one ratio, this agreement shall be deemed to be amended to reflect such change in the exchange ratio.
Not Applicable Item 6.04- Failure to Make a Required Distribution Securities Administrator Item 6.05- Securities Act Updating Disclosure If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Reg AB disclosure about the actual asset pool.