Negotiable Securities definition
Examples of Negotiable Securities in a sentence
The fair market value of all Margin Stock (excluding shares of treasury stock and the Existing Negotiable Securities) owned by the Parent and its Subsidiaries does not exceed $5,000,000.
Except as set forth on Schedule 7.09, and except for the Existing Negotiable Securities and Existing Investments described on Schedule 9.05, as of the date hereof no Credit Party owns or holds, directly or indirectly, any capital stock or equity security of, or any equity or partnership interest in any Person other than its Subsidiaries indicated on Schedule 7.09.
The Company will use its reasonable best efforts to consummate the sale of the 555,000 shares of a public company previously identified to Buyer (the "Negotiable Securities") on or prior to the Effective Date on terms and conditions that the Company believes are reasonable.
The Parent and the Borrower shall take all ------------------ actions so that at all times the fair market value of all Margin Stock (other than treasury stock and the Existing Negotiable Securities) owned by the Parent and its Subsidiaries shall not exceed $5,000,000.
The Company will, on a timely basis, provide Buyer with all agreements and other documents relating to the sale of the Negotiable Securities.