Liquid Security definition

Liquid Security means a Traded Security of which the Borrower owns in the aggregate less than five percent (5%).
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Liquid Security shall have the meaning ascribed to it in the Company's Third Amended and Restated Certificate of Incorporation, dated December 30, 2005.
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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.
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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)/
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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.
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Related to Liquid Security

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Liquid Securities means securities (i) of an issuer that is not an Affiliate of the Company, (ii) that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq National Market and (iii) as to which the Company is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided, that securities meeting the requirements of clauses (i), (ii) and (iii) above shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (x) the date on which such securities are sold or exchanged for cash or cash equivalents and (y) 180 days following the date of receipt of such securities. In the event such securities are not sold or exchanged for cash or cash equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 1012, such securities shall be deemed not to have been Liquid Securities at any time.

  • Exempt Security means any: (1) direct obligation of the Government of the United States, including all state and municipal obligations; (2) bankers’ acceptance, bank certificate of deposit, commercial paper, bank repurchase agreement and other high quality short-term debt instrument; (3) shares issued by registered open-end mutual funds (including money-market funds) and unit investment trusts, in each case provided they are not Reportable Funds or ETFs (as such terms are defined herein); and (4) Securities in an account over which you do not have any direct or indirect influence or Control (note that there is a presumption that you can exert some measure of influence or control over accounts held by members of your immediate family sharing the same household, but this presumption may be rebutted by convincing evidence acceptable to the Chief Compliance Officer in accordance with this Code);

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.