U.S. Securities Act definition
Examples of U.S. Securities Act in a sentence
In view of the position of the Grantors in relation to the Pledged Collateral, or because of other current or future circumstances, a question may arise under the U.S. Securities Act of 1933, as now or hereafter in effect, or any similar statute hereafter enacted analogous in purpose or effect (such act and any such similar statute as from time to time in effect being called the “Federal Securities Laws”) with respect to any disposition of the Pledged Collateral permitted hereunder.
Veren is a “foreign private issuer” as defined in Rule 405 of Regulation C under the U.S. Securities Act.
Whitecap is a “foreign private issuer” as defined in Rule 405 of Regulation C under the U.S. Securities Act.
In addition, the Ordinary Shares to be received upon exercise of the Ordinary Options may constitute “restricted securities” under the U.S. Securities Act and may not be pledged, reoffered or resold in the United States or to, or for the account or benefit of U.S. persons except in transactions exempts from, or not subject to, the registration requirements of the U.S. Securities Act.
As a result, certain Participants resident in the United States may be required to make representations to the Company at the time of grant and at the time of exercise of their Ordinary Options to ensure compliance with the U.S. Securities Act.