Trading Restriction definition

Trading Restriction means, commencing on the date hereof up until and including the Outside Date (or extension thereof) any event, occurrence or requirement which upon the occurrence thereof and whether as a result of the Purchaser’s acts, omissions or otherwise, prohibits, restricts or otherwise prevents any shareholder of the Purchaser from freely trading the Consideration Shares on or through the facilities of the Exchange or otherwise, and shall include, without limitation, the Purchaser’s securities being halted, suspended or de‐listed, or otherwise subject to resale restrictions or hold periods imposed, by the Exchange or pursuant to any order or ruling by a securities regulatory authority ceasing trading in the Purchaser’s securities;
View Source
Trading Restriction means Rule No. I-A, attachment to the Decision of the Board of Directors of IDX No. Kep-305/BEJ/07-2004, dated 19 July 2004 on Listing of Shares and Equity Securities other than Shares issued by Listed Companies to the extent such Rule restricts on-market trades on the IDX of shares issued pursuant to a capital increase without pre-emptive rights.
View Source
Trading Restriction means securities trading restrictions under Section 10(b) of the Securities Exchange Act of 1934 or Rule 10b-5 enacted thereunder and any other similar provisions under state or other applicable law.
View Source

Examples of Trading Restriction in a sentence

  • The Trading Restriction shall be null and void 180 days after the Company’s common stock is listed on the NASDAQ Capital Market or another National Market.

  • At the Closing, Buyer Parent shall (i) cause its share registrar (biro administrasi efek) to enter Seller in Buyer Parent’s share register as holder of the Subscription Shares, (ii) cause the Indonesian Central Securities Depository (KSEI) to credit the Subscription Shares under the name of Seller and (iii) cause the Subscription Shares to be listed for trading on the IDX (subject only to the Trading Restriction).

  • To the extent the Company does not timely file the Disclosure in accordance with this Section 6.1, or the Disclosure does not contain sufficient cleansing information to remove any Trading Restriction (as defined in the NDA) of each Participating Noteholder (other than any restrictions set forth in the Transaction Documents), each Participating Noteholder shall retain all rights and remedies to disclose additional cleansing materials as provided for in the NDA.

  • The Trading Restriction Administrator shall be selected by Company and at all times when no Trading Restriction Administrator is selected, the Company shall act as Trading Restriction Administrator.

  • Closing shall occur no later than the following dates for the following cash payments: The Trading Restriction Payment (as defined below) shall be credited against the Second Purchase Payment if the First Purchase Payment and the balance of the Second Purchase Payment are made in full on a timely basis and CellPoint is in compliance with its other obligations under this Agreement in all material respects.

  • Any payment made to Shareholders’ Representative pursuant to any of the Transaction Documents (other than the Trading Restriction Agreements and the Employment Offer Letters) shall be deemed to have been made to Shareholders.

  • Company hereby agrees to pay the Trading Restriction Administrator’s other reasonable fees and expenses, including attorneys’ fees, postal and delivery charges, and all other out-of-pocket expenses incurred, in accepting and performing its duties as Trading Restriction Administrator (collectively, the “Trading Restriction Administrator Expenses”).

  • In no event shall the Trading Restriction Administrator be obligated to take any action against any of the Parties to compel performance hereunder.

  • Subject to Company’s waiver of the restrictions set forth in Section 2 in accordance with Section 3(f), the Trading Restriction Administrator shall promptly notify Company and Purchaser, not later than 1:00 p.m., Pacific time, on the Business Day before the proposed date for such Transfer, that such Transfer is only permissible if adjusted pursuant to this Section 3(e), specifying the Adjusted Amount.

  • Each Stockholder shall have entered into a Lock-up and Trading Restriction Agreement with the Parent, substantially in the form of Exhibit F hereto.


More Definitions of Trading Restriction

Trading Restriction means, at any time, any extant restrictions notified by UOBF to the Customer at that time with respect to entry by the Customer into Approved Contracts, including, without limitation, restrictions which:
View Source

Related to Trading Restriction

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.

  • Ownership Restrictions means, collectively, the Ownership Limit, as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit, as applied to the Initial Holder, and the Look-Through Ownership Limit, as applied to Look-Through Entities.