Liquid Security definition
Liquid Security means a Traded Security of which the Borrower owns in the aggregate less than five percent (5%).
Liquid Security shall have the meaning ascribed to it in the Company's Third Amended and Restated Certificate of Incorporation, dated December 30, 2005.
Liquid Security means a security that is listed or quoted on a Securities Exchange and which had total trading volume of at least $10 million (or the foreign currency equivalent thereof) for the thirty (30) calendar days preceding the date of the closing of the relevant Qualifying Stock Disposition.
Examples of Liquid Security in a sentence
The date of determination of Fair Market Value of any Liquid Security shall be the later of [†].
Any Liquid Security shall be valued at its Fair Market Value, at [†].
Organization: Omeros Corporation CONFIDENTIAL TREATMENT Deemed Liquid Security hereunder shall be the Fair Market Value attributed to such Deemed Liquid Security under the Platform Development Agreement.
More Definitions of Liquid Security
Liquid Security means a security identified and published by Fixed Income Money Market and Derivatives Association of India (FIMMDA)/
Liquid Security means a security (i) that is immediately eligible for sale pursuant to a registration statement effective under the Securities Act (or in lieu of being immediately eligible for sale under such registration statement, is eligible to be resold in full by the holder under Rule 144 or Rule 145(d) of the Securities Act within 45 days after consummation of the Sale of the Company) or that the holder has a right to have registered under the Securities Act pursuant to a shelf registration under the Securities Act within 45 days after consummation of the Sale of the Company or that is immediately eligible for sale by the holder thereof pursuant to Rule 144(k) of the Securities Act or any similar provision then in force, (ii) that is listed or quoted on a United States national securities exchange or quoted in the United States Nasdaq National Market System, (iii) that is not subject to any "hold-back" or "lock-up" imposed by the issuer or a managing underwriter in connection with a public offering of the issuer or any other restriction on the disposition thereof under the terms of any agreement (other than any such agreement whereby the holder acknowledges its status under Rule 145(c) and the restrictions on its ability to sell such securities under the Securities Act by virtue thereof, provided that the securities are either registered for resale by the CIVC Group or eligible for resale in full under Rule 145(d) within 45 days after consummation of the Sale of the Company), (iv) of which at least $1 billion (valued at the then current market price) of such securities are held by nonaffiliates of the issuer thereof and (v) of which the members of the CIVC Group do not in the aggregate receive more than 5% of the total number of issued and outstanding shares of such security held by non-Affiliates of the issuer after giving effect to the transaction.