Exempt Securities definition
Exempt Securities has the meaning set forth in Section 4.4(d).
Exempt Securities means Securities for which no prospectus is required to be published under the Prospectus Regulation;
Exempt Securities means (i) shares of Common Stock issued upon the exercise of the Warrants, (ii) shares of capital stock issued by the Company on or prior to the date hereof (and shares of capital stock issued upon the direct or indirect conversion or exercise of any securities issued by the Company on or prior to the date hereof, in accordance with their respective terms), (iii) shares of Common Stock issued pursuant to a public offering, (iv) shares of Common Stock (including shares issuable upon the exercise or exchange of warrants or options to acquire shares of Common Stock) issued solely to the employees, directors or consultants of the Company or any of its subsidiaries pursuant to a stock option or ownership plan or program or any stock issuance arrangement in existence as of the Issue Date or adopted by the Board of Directors of the Company and approved by a majority of the Company’s Common Stock holders after the Issue Date, representing not more than 7% of the total common equity of the Company determined on a fully-diluted basis as of the Issue Date, and (v) shares of Company capital stock issued upon the direct or indirect conversion or exercise of any of the forgoing securities, in accordance with their terms.
Examples of Exempt Securities in a sentence
This letter is furnished by us solely for your benefit, and the benefit of The Chase Manhattan Bank, as Trustee for the California Trust, in connection with the Registration Statement for the public offering of interests in the Tax Exempt Securities Trust and this letter may not be relied upon by any other person without our prior written consent.
Additionally, the Company shall be deemed to have issued or sold Ordinary Shares if the Company in any manner issues or sells any Convertible Securities, whether or not immediately convertible (other than in an issuance of Exempt Securities), and the price per share for which such Ordinary Shares are issuable upon such conversion or exchange is less than the Conversion Price then in effect, then the Conversion Price shall be equal to such price per share.
At no time, however, will the total amount received by the Depositor for services rendered to all series of Tax Exempt Securities Trust in any calendar year exceed the aggregate cost to the Depositor of supplying such services in such calendar year, except to the extent permitted by law.
This holding period restriction does not apply to Exempt Securities or Exempt Transactions.
If prior to such exercise, the Company shall have issued any Common Stock or Convertible Securities (other than Exempt Securities) at an effective price per share less than the closing bid price of the Common Stock on the date of this Option, the Exercise Price shall be changed to a new Exercise Price equal to such lower effective price per share.
More Definitions of Exempt Securities
Exempt Securities means any shares of Common Stock issued by the Borrower after the date of issuance of this Note that are: (i) shares issued or issuable upon the exercise of any warrants or options outstanding as of the original date of the issuance of this Note (including any warrants issued in connection with the issuance of the Promissory Notes); (ii) shares of Common Stock or common stock equivalents issued in connection with a bona-fide strategic transaction, partnership, joint venture or acquisition or (iii) shares of Common Stock issued in connection with any stock-based compensation plans of the Borrower, or any issuance of Common Stock, stock awards or options under, or the exercise of options granted pursuant to, any Board approved employee stock option or similar plan for the issuance of options or capital stock of the Borrower.
Exempt Securities means Instruments for which no prospectus is required to be published under Regulation (EU) 2017/1129 (as amended) or Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended) and regulations made thereunder, as applicable (or in respect of which a separate prospectus other than the Base Prospectus under the Programme will be published under the applicable regulation);";
Exempt Securities means Capital Stock received or acquired by the Shareholder or Shareholder Affiliate in accordance with the terms and conditions hereof, including any Capital Stock acquired by a Shareholder or Shareholder Affiliate through index trading or on the open market, other than as Share Consideration (as defined in the Business Combination Agreement) pursuant to the Business Combination Agreement.
Exempt Securities means the Securities listed below. "Security" or "non-exempt Security" means ALL Securities EXCEPT those listed below.
Exempt Securities means the Securities listed below. “Security” or “non-exempt Security” means ALL Securities EXCEPT those listed below. Note that exchange traded funds (ETFs) are no longer classified as exempt securities.
Exempt Securities means the issuance of (a) Warrant Shares or other securities issuable pursuant to the Warrants; (b) securities of the Corporation issued upon the exercise, conversion or exchange of securities of the Corporation issued prior to the date hereof; (c) shares of Common Stock or other Corporation securities issued or issuable as a result of adjustments under Section 4 or other applicable provisions of the Series B Certificate of Designation or similar provisions of other convertible securities; (d) any securities of the Corporation issued in exchange for assets or securities in a merger, consolidation, sale or purchase of assets or other business combination transaction approved by the Board of Directors; (e) any securities issuable or any adjustment made or to be made to the Warrants or Warrant Shares under Article 4 of this Agreement; (f) any rights or other securities issued or issuable pursuant to a stockholder rights agreement under which the Board of Directors would declare a dividend of one preferred (or common) share purchase right for each outstanding share of Common Stock provided that such stockholder rights agreement results in equivalent dividends on Warrant Shares; (g) any shares of Common Stock pursuant to any plan providing for the reinvestment of dividends or interest payable on securities of the Corporation and the investment of additional optional amounts in shares of Common Stock under any such plan; (h) any shares of Common Stock in a public offering registered under the Securities Act; (i) any shares of Common Stock or options or rights to purchase such shares pursuant to any stock option or bonus plan or plans now or hereafter adopted by the Corporation (including any stock appreciation rights or employee stock ownership plan) for the benefit of directors, officers, employees and/or consultants of the Corporation and/or its subsidiaries or pursuant to any employee benefit plan or program now or hereafter adopted by the Corporation for the benefit of its employees and/or employees of its subsidiaries, or pursuant to any specific grant not pursuant to any plan or program that is approved by the Corporation's Board of Directors; or (j) the issuance or repurchase of Corporation securities on or prior to the date the Warrants are first issued (or any subsequent issuances of Common Stock, 9% Preferred Stock or Series B Preferred Stock issued pursuant to warrants, options or rights previously granted, outstanding or issued on the date the Warran...
Exempt Securities means (i) in the case of Securities issued under the Irish Base Prospectus, Non-EU PR Securities or (ii) in the case of Notes issued under the FCA Base Prospectus, Non-UK PR Securities;