Marketability definition

Marketability means any Lien or encumbrance of any Person other than the Purchaser, which impairs the good and marketable title to, or the use and value of, the affected Receivable.
Marketability means that the PRODUCT can be lawfully distributed within the TERRITORY which includes that the PRODUCT is free of any defects as well as no administrative orders or jurisdiction can hinder the lawful distribution of the PRODUCT.
Marketability. “Marketable”; “Marketable Securities” refers to or means all Securities that are “freely tradable.” For purposes of this Agreement, a Security shall be deemed to be “freely tradable” if (a) in the hands of the Limited Partners, such Security can be immediately sold to the general public without the necessity of any federal, state or local government consent, approval or filing (other than any notice filings of the type required pursuant to Rule 144(h) under the Securities Act of 1933), and (b) such Securities are Publicly Traded and Marketable.

Examples of Marketability in a sentence

  • Such enhanced risks include the risks of political or economic policy charges in a foreign media, which may substantially and permanently alter the conditions, terms, Marketability or price of a foreign currency.

  • Minor fence encroachments of one foot or less on all properties except waterfront, shall not adversely affect Marketability of Title.

  • Marketability of the title herein required to be conveyed by the Seller shall be determined in accordance with Georgia law as supplemented by the Title Standards of the State Bar of Georgia.

  • Marketability will be determined in accordance with Georgia law and the State Bar of Georgia Title Standards.

  • Marketability of title will be determined in accordance with the title standards approved by the Ohio State Bar Association.

  • The production period will last for a period of twenty-four (24) years, starting on the date in which ▇▇▇ receives from THE CONTRACTOR the Declaration of Marketability mentioned in Clause 15 below.

  • Such enhanced risks include the risks of political or economic policy charges in a foreign media, which may substantially and permanently alter the conditions terms, Marketability or price of a foreign currency.

  • Marketability of title shall be determined in accordance with the Standards of Title of the Connecticut Bar Association.

  • With regards to the Production Area, a period of up to twenty-four (24) years and its extensions if any, starting on the corresponding Declaration of Marketability, during which THE CONTRACTOR must undertake the Development and Production Operations.

  • At the Closing or Deferred Closing, Seller shall convey title to the Real Property and assign an insurable leasehold interest under the Leases to Buyer and/or Buyer's Designated Transferee(s), free of Marketability Defects (as defined in Paragraph 3.6.2) and subject only to the Permitted Exceptions.


More Definitions of Marketability

Marketability shall refer to Securities that are (i) (A) traded on a national securities exchange or over the counter or (B) currently the subject of an effective Securities Act registration statement, (ii) not subject to underwriter “lockup” or other contractual restrictions and (iii) may be sold by each distributee Limited Partner without restriction under applicable securities laws of the United States or the applicable laws of the jurisdiction of the exchange on which such Securities are actively traded (other than volume limitations imposed under Securities and Exchange Commission Rule 144 or similar volume limitations imposed by another jurisdiction). Notwithstanding the foregoing, a Security shall not be deemed to be a Marketable Security if, in the good faith judgment of the General Partner, the market on which such Security trades is not adequate to permit an orderly sale of all shares of such Security held by the Partnership within a reasonable time period.