Trading condition definition

Trading condition means any condition which affects a transaction including, but not limited to, credit terms, delivery charges, delivery schedules, minimum quantities, and interest charges; and
Trading condition means the closing price of the Common Shares equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any consecutive 30-trading day period, with such measurement period commencing no earlier than 150 days after the closing date of the Merger.
Trading condition means any written terms contained in the supply contract and implied trading terms imple- mented by the buyer outside of the supply contract.

Examples of Trading condition in a sentence

  • Additional Conditions: It is a condition to the effectiveness of this Transaction that if the Value Payment consists of Units or Convertible Loan Notes, all Shares issuable upon exercise of warrants or conversion Convertible Loan Notes shall have been duly authorized and validly issued by Counterparty and that, at the time such Shares are delivered to Sorbie, be admitted to trading on the Exchange and otherwise satisfy the definition of Unrestricted Shares and the Trading Condition as set forth below.


More Definitions of Trading condition

Trading condition means, (i) the Common Stock is trading uninterrupted on the Principal Market and (ii) the price at which the Common Stock is trading on the Principal Market during any consecutive (uninterrupted) thirty calendar day period is not below $0.25 per share.
Trading condition shall be deemed to be satisfied upon the Counterparty and its Shares obtaining and having in effect a full listing on the CBOE excluding, in each case, any restriction, consent, requirement or interest agreed to or granted by or on behalf of S▇▇▇▇▇.
Trading condition has the meaning ascribed to such term in Section 2.1;

Related to Trading condition

  • Rating Condition means, with respect to any action taken or to be taken by or on behalf of the Borrower that is expressed to be subject to such condition in any Loan Document, a condition that is satisfied if S&P has confirmed in writing (which may take the form of a press release, electronic messages, facsimile, posting to its internet website, other written communication or other means then considered industry standard) that such action will not cause the then-current rating of the Loans by S&P to be reduced or withdrawn; provided that the Rating Condition will be deemed to be satisfied with respect to any such action if (i) at the time of determination, no Loans are then rated by S&P; (ii) the Agents and all of the Lenders provide their written approval as to such action and written notice thereof is given to S&P; (iii) S&P has made a public statement to the effect that it will no longer review events or circumstances of the type requiring satisfaction of the Rating Condition in this Agreement for purposes of evaluating whether to confirm the then-current ratings (or Initial Rating) of the Loans rated by S&P; or (iv) S&P has communicated to the Borrower, the Services Provider or either Agent (or their respective counsel) that it will not review such event or circumstances for purposes of evaluating whether to confirm the then-current ratings (or Initial Rating).