Market Sale definition

Market Sale means a "brokers' transaction" within the meaning of Section 4(4) of the Securities Act.

Market Sale means a sale of shares of Class A Common Stock obtained upon conversion of Shares in an open market sale pursuant to an exemption from the registration requirements of the Securities Act, including a sale pursuant to Rule 144 of the Securities Act.

Market Sale means a sale for the most probable price in cash, terms equivalent to cash, or in other precisely revealed terms, for which the real property will sell in a competitive and open market under all conditions requisite to a fair sale with the buyer and seller each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus. It includes the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (A) the buyer and seller are typically motivated, (B) both parties are well informed or well advised, and acting in what they consider their best interest, (C) a reasonable time is allowed for exposure in the open market, (D) payment is made in United States’ currency or in terms of financial arrangements comparable thereto, and (E) the price

Examples of Market Sale in a sentence

• See “Transfers; No Secondary Market; Sale of the Deposit to the Bank”.

• The Owner may, at its option upon 30 days’ written notice to the Charterer, purchase any or all of such Removable Parts at the end of the Charter Period for their then Fair Market Sale Value (as determined by mutual agreement of the Owner and the Charterer or, if they cannot so agree, by an Appraisal), other than (i) the lashing gear, (ii) any Parts owned or leased by the Charterer and (iii) any Parts that constitute proprietary equipment of the Charterer.

• The Notice for a Market Sale shall state the expected date of the proposed sale and the number of Shares to be sold.

• If the court orders a Foreclosure by Sale (or a Foreclosure by Market Sale on or after January 1, 2015), the fee will be $2,700.

• If Employee desires to transfer any shares of common stock which he has acquired pursuant to the exercise of the option granted herein ("Shares"), Employee shall deliver to the Company written notice of his intention to transfer such Shares (the "Notice") together with either a copy of a signed and binding offer by the proposed transferee (a "Negotiated Sale") or a statement that such Shares are to be sold into the public market at Fair Market Value at the time of sale (a "Market Sale").

More Definitions of Market Sale

Market Sale means a sale of Shares on a stock exchange, including any sale of Shares undertaken:

Market Sale means a sale of capital stock of the Corporation by the MAC Trusts pursuant to and in accordance with Section 2.2(a) of the Registration Agreement.

Market Sale means a proposed transfer of shares of Common Stock pursuant to which the shares are to be sold in the public market at the prevailing market price so that the price cannot be determined at the time of the Transferor's Notice. The date of determination for the Market Price shall be the date of the Transferor's Notice for such Market Sale.

Market Sale means any sale, transfer or other disposition of Securities in (i) a “brokers’ transaction” (as defined in Rule 144 but excluding clause (4) of such definition for purposes hereof), or (ii) a Public Sale using a broker and where clauses (1) and (3) of such definition of “brokers’ transaction” would be satisfied notwithstanding that such transaction constitutes a Public Sale, in each case, occurring on an exchange or other recognized market (the “Market”) where the average daily volume of the Company’s stock over the four week period preceding such transfer or other disposition has been at least 50,000 shares; provided, however, that any sale, transfer or other disposition of Securities made pursuant to Rule 144 shall not be deemed to be a “Market Sale.”

Market Sale means any sale which takes place on the market or which is otherwise authorised by the General Manager;

Market Sale has the meaning set forth in Section 1.2(e).

Market Sale is defined in Section 6(e) of this Agreement.