Listing Condition definition
Examples of Listing Condition in a sentence
Assuming the accuracy of the Purchasers representations and warranties set forth in Section 3.2, and except for satisfying the Nasdaq Listing Condition, no registration under the Securities Act is required for the offer and sale of the Securities by the Company to the Purchasers as contemplated hereby.
Notwithstanding the foregoing, if the Restricted Stock Units become vested upon the satisfaction of the Listing Condition at any time in October, November or December, the deadline for settling such vested Restricted Stock Units shall be March 15 in the calendar year immediately following the calendar year in which such Restricted Stock Units vest.
Notwithstanding Term 4.2, if, during the Noteholder Conversion Period a Listing Condition is satisfied, the Company must convert all of the Notes held by the Noteholder and issue to the Noteholder the number of Company Shares calculated under Term 4.4(b).
The Performance-based Stock Units so certified with respect to a Performance Period shall be deemed to be vested as of the last day of such Performance Period if at such time the Listing Condition is satisfied, and, if the Listing Condition is not satisfied at such time, then as of the date that the Listing Condition is later satisfied.
If the Listing Condition becomes satisfied, or ceases to be satisfied, on any day, the Company shall so notify the Holders, the Trustee and the Conversion Agent prior to the open of business on the third Business Day immediately following the date of such satisfaction or cessation.