Subject Sale definition

Subject Sale is defined in Section 7.5.
Subject Sale means any sale or disposition for value of Common Stock of the Company beneficially-owned by an Insider Shareholder (other than a sale to the general public for cash that is registered under the Securities Act of 1933, or an unsolicited open market sale for cash effected through a securities broker at such time as there shall exist a bona fide public market for the Common Stock), if, immediately after giving effect to such Subject Sale and to all other sales and dispositions of Common Stock made by said Insider Shareholder (whether or not such sales or dispositions are 2 subject to this Agreement) since and including the first day of the calendar year in which such Subject Sale is to be made, said Insider Shareholder's beneficial ownership of the Company's outstanding Common Stock on a fully- diluted basis would be decreased to an amount which is less than 95% of the amount of such ownership as of the opening of business on the first day of the calendar year in which such Subject Sale is to be made.
Subject Sale shall have the meaning set forth in Section 2.07(b).

Examples of Subject Sale in a sentence

  • FEATURESUBJECTCOMPARABLE SALE # 1COMPARABLE SALE # 2COMPARABLE SALE # 3 Address Proximity to Subject Sale Price$ $ $ $ Sale Price/Gross Bldg.

  • ItemSubjectProperty Comparable #1 Comparable #2 Comparable #3 Address Proximity to Subject Sale Price / Sale Date$$$ Description Description Plus/Minus Description Plus/Minus Description Plus/MinusDate of Sale& Time Adjustment $ $ $ Acreage $ $ $Location / Neighborhood $ $ $ Site / View $ $ $House Style / Appeal $ $ $Constr.

  • Cheers,John Henderson, Chair – WCRB Date: 8th May 2019 From: B & G Fisher To: WCRBSubject: Sale of caravanClick here to view letter Date: 8th May 2019 From: WCRBTo: B & G Fisher Subject: Sale of caravanGreetings Mr & Mrs Fisher.Responding to your letter dated 2 May 2019.Our Board understands your wanting to avoid paying for a full new season while you are trying to sell your caravan.

  • The adjusted sales comparison grid is: Comp # SizeSale Date Sale Price $/SF Adjustment SP/SF Subject Sale one was adjusted for differences in age, lower quality, and location in the Ann Arbor Central Business District.

  • From: Aspenhof Board of Trustees To: All Real Estate Sales Personnel Subject: Sale of Aspenhof Property Aspenhof is a private recreation area, owned by the property owners and governed by a Board of Trustees.

  • Briefing for the Public Petitions Committee Petition Number: PE01671 Main Petitioner: Lisa Harvey and Andrea Goddard on behalf of Let's Get MAD For Wildlife Subject: Sale and use of glue trapsCalls on the Scottish Parliament to urge the Scottish Government to ban the sale and use of glue traps and boards in Scotland.

  • ATTEST:MayorCity ClerkNo.‌ C O L O R A D O Agenda Memorandum Date: April 26, 1999 Subject: Sale of the Northwest Business Park Prepared by: John Carpenter, Director of Community Development Introduction City Council is requested to approve a Purchase and Sale Agreement between the Catellus Development Corporation and the City of Westminster to sell 65 acres owned by the City.

  • The consideration for the respective Subject Sale Loan shall be a sum equal to the aggregate principal amount of the respective Subject Sale Loan as at the completion date of the respective Transactions, while the consideration for the respective sale shares shall be the remainder of the respective consideration (i.e. the respective consideration less the consideration for the respective Subject Sale Loan).

  • Comptroller of the Currency Administrator of National Banks Type: Banking Circular Subject: Sale of Loans into the Federal Agricultural Mortgage Corporation Program Subordinated credits, whether in the form of subordinated loan participations or subordinated securities, are significantly more vulnerable to economic reversals than other types of credits.

  • Many may be from other jurisdictions, and the presence of a toll-free number and no street address will give you a clue in this regard.


More Definitions of Subject Sale

Subject Sale with respect to a Subject Block, is(i) the first public offering of that block for oil and/or gas leasing purposes during the term of this Agreement (whether or not actually held on the date specified in the DOI notice of sale) and (ii) the next subsequent such public offering of that block during the term hereof in the event no lease is issued on that Subject Block pursuant to said first public offering thereof.
Subject Sale has the meaning set forth in Section 5.2(b).
Subject Sale shall have the meaning as specified in Section 23.3(d)(ii).

Related to Subject Sale

  • direct sale means any sale or transfer of milk by a producer directly to consumers, as well as any sale or transfer of other milk products by a producer. The Commission may, while respecting the definition of ‘delivery’ given in point (f), adjust the definition of ‘direct sale’ in order to ensure, in particular, that no quantity of marketed milk or other milk products is excluded from the quota arrangements;

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Disposition Notice is defined in Section 5.2(a).

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Company Sale means a transaction with a third Person that is not an Affiliate of the Company or group of third Persons that, acting in concert, do not collectively constitute Affiliates of the Company, pursuant to which such Person or Persons acquire, in any single transaction or series of related transactions, (i) all of the outstanding Equity Securities of the Company, (ii) all or substantially all of the assets of the Company and its Subsidiaries or (iii) Equity Securities of the Company authorized and issued following the Effective Date and possessing the power to elect or appoint a majority of the Board of Directors (or any similar governing body of any surviving or resulting Person).

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • Bill xx Sale means a bill xx sale substantially in the form attached hereto as Exhibit B.

  • Proposed Sale has the meaning set forth in Section 2.4(a).

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.

  • Disposition or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Third Party Offer has the meaning set out in Section 6.4;

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Casual sale means a sale of an item of tangible personal property that was obtained by the person making the sale, through purchase or otherwise, for the person's own use and was previously subject to any state's taxing jurisdiction on its sale or use, and includes such items acquired for the seller's use that are sold by an auctioneer employed directly by the person for such purpose, provided the location of such sales is not the auctioneer's permanent place of business. As used in this division, "permanent place of business" includes any location where such auctioneer has conducted more than two auctions during the year.

  • Non-Firm Sale means an energy sale for which receipt or delivery may be interrupted for any reason or no reason, without liability on the part of either the buyer or seller.

  • Approved Sale has the meaning set forth in 2.1(d).

  • Initial Business Combination means the acquisition by the Company, whether through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or similar type of transaction, of one or more business or entities (“Target Business” or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Account and resulting in ownership by the Company or the holders of IPO Shares of at least 51% of the voting equity interests of the Target Business or Businesses or all or substantially all of the assets of the Target Business or Businesses;

  • Transfer student means a student entering an institution for the first time having successfully completed a minimum of 12 semester hours at another institution which is applicable for credit at the institution the student is entering.

  • Disposition Date shall have the meaning ascribed thereto in Subsection 5.1(d);

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.