Tradable Securities definition

Tradable Securities means (A) securities which have been issued in a transaction registered under the Securities Act and may be resold without compliance with the volume restrictions in Rule 144 of the Securities Act (or, if such volume restrictions apply, within a single three month period in accordance with such rules), (B) securities which may be resold pursuant to a resale shelf registration statement (provided that the issuer covenants to file such registration statement with the SEC and cause it to become effective on customary terms) or (C) in the case of securities for which the principal trading market is any non-US exchange, securities which may be re-sold on a basis which is at least as favorable as that described in clause (A) or (B) above.
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Tradable Securities means (A) securities which have been issued in a transaction registered under the Securities Act and may be resold without compliance with the volume restrictions of Rule 144 of the Securities Act (or, if such volume restrictions apply, within a single three month period in accordance with such rules), (B) securities which may be resold pursuant to a resale shelf registration statement (provided that the issuer covenants to file such registration statement with the SEC and cause it to become effective on customary terms) or (C) in the case of securities for which the principal trading market is any non-US exchange, securities which may be resold on a basis which is at least as favorable as that described in clause (A) or (B) above.
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Tradable Securities means (A) securities which have been issued in a transaction registered under the Securities Act and may be resold without compliance with the volume restrictions in Rule 144 of the Securities Act (or, if such volume restrictions apply, within a single three month period in accordance with such rules),
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Examples of Tradable Securities in a sentence

  • The General Partner shall have the power on behalf and in the name of the Partnership to carry out any and all of the objectives and purposes of the Partnership and to perform all acts and enter into and perform all contracts and other undertakings that the General Partner, in its sole discretion, deems necessary or advisable or incidental thereto, including the power to acquire and dispose of any investment (including Freely Tradable Securities and other marketable securities).

  • In any event, the consideration to be paid by such Third Party Purchaser shall consist only of cash and Freely Tradable Securities, and to the extent such consideration consists of Freely Tradable Securities, the fair market value of such consideration shall be the average closing price of such Freely Tradable Securities on the last three trading days before the consummation of the Stock Sale to the Third Party Purchaser.

  • If only a portion of the Company’s holdings of securities satisfies the requirements of the preceding sentence, that portion of the Company’s holdings of such securities shall constitute Freely Tradable Securities.

  • Window Tradable Securities and Rules Some of the securities available for trading through us cannot be traded using a Window Trade.

  • The General Partner or liquidator shall use reasonable efforts to sell all securities which are not Freely Tradable Securities prior to the termination and dissolution of the Partnership.

  • Notwithstanding the foregoing, MSC shall not enter into any such merger, consolidation, sale or conveyance of all or substantially all of the Property of MSC or reclassification in which the operation of the foregoing provision would otherwise result in the holder of a Warrant receiving, upon exercise thereof, consideration other than cash, Common Stock or Freely Tradable Securities, or some combination thereof.

  • Restricted securities, illiquid positions and other securities that are not Freely Tradable Securities, as defined below, but in respect of which there are similar securities that are publicly quoted, may be valued at a discount, determined by CD Capital, to the price of Freely Tradable Securities of the same class as reported by Bloomberg, L.P. or by the Account's custodians.

  • If the neutral arbitrator determines that such Securities are Freely Tradable Securities despite the failure of the board of directors of the Company to make such a Securities Determination, then such Securities shall be deemed to be Freely Tradable Securities as of such date..

  • The Company and Parent Guarantor shall use their commercially reasonable efforts to cause the Exchange Offer Registration Statement to become effective within 365 days of the Closing Date; provided, however, that the Company and Parent Guarantor shall not be required to consummate such Exchange Offer Registration Statement if the Securities are Freely Tradable Securities.

  • However, certain non Freely Tradable Securities, as defined below, such as warrants or convertible instruments that can be valued via quantitative models such as the Black-Scholes Model will be carried at a discount, as determined jointly by CD Capital and Client, to the theoretical value of such instruments.