Below Market definition

Below Market means (i) the issuance of Common Stock at a price per share less than 95% of the closing sale price of Common Stock on the trading day immediately prior to the date of a definitive agreement pursuant to which the sale of Common Stock is to occur or (ii) the issuance of any security convertible into or, exchangeable or exercisable for, Common Stock for a conversion, exchange or exercise price per share less than 95% of the closing sale price of Common Stock on the trading day immediately prior to the date of a definitive agreement pursuant to which the sale of such securities is to occur.
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Examples of Below Market in a sentence

  • Persons who apply for or receive assistance under the following programs must sign the relevant consent forms: Rental Assistance Program (RAP) Rent SupplementSection 8 Housing Assistance Payments Programs (administered by the Office of Housing)Section 202Sections 202 and 811 PRAC Section 202/162 PACSection 221(d)(3) Below Market Interest Rate Section 236HOPE 2 Home Ownership of Multifamily Units Original is retained on file at the project site ref.

  • This includes the opportunity for you to meet with the O/A.Programs Covered by this Fact Sheet Rental Assistance Program (RAP) Rent SupplementSection 8 Housing Assistance Payments Programs (administered by theOffice of Housing) Section 202Sections 202 and 811 PRAC Section 202/162 PACSection 221(d)(3) Below Market Interest Rate Section 236HOPE 2 Home Ownership of Multifamily UnitsO/As must give a copy of this HUD Fact Sheet to each household.

  • No further adjustment to the Exercise Price will be made upon the actual issuance of such Common Stock upon the exercise of such Below Market Options or upon the exercise, conversion or exchange of Convertible Securities issuable upon exercise of such Below Market Options.

  • Below Market Rate Housing shall be provided pursuant to Section 7.4 of these Regulations.

  • The department is organized into four divisions: Housing, Community Development, Homeownership and Below Market Rate (HBMR) programs, and Fiscal/Administrative.

  • During sale transactions, the Preliminary Change of Ownership Report must properly identify each Below Market Rate Unit as a transfer subject to governmentally imposed restrictions.

  • No further adjustment to the Conversion Price will be made upon the actual issuance of such Common Stock upon the exercise of such Below Market Options or upon the exercise, conversion or exchange of Convertible Securities issuable upon exercise of such Below Market Options.

  • Amortized Loan - Below Market Interest Rate (BMIR) loan at 3 percent interest, secured by a deed of trust and with a maximum term of 15 years.

  • These price restriction programs are known by many names including: Permanently affordable, Long-term Affordable, Limited Equity, Below Market Rate, Moderately Priced Dwelling Units, Deed Restricted, etc.

  • Below Market Rate Requirements: Below Market Rate Housing shall be provided pursuant to Section 7.4 of these Regulations.

Related to Below Market

  • Main Market means the Main Market of the London Stock Exchange plc;

  • Primary Market means on any of (a) the American Stock Exchange, (b) New York Stock Exchange, (c) the Nasdaq Global Select Market, (d) the Nasdaq Global Market, (e) the Nasdaq Capital Market, or (e) the Over-the-Counter Bulletin Board (“OTCBB”)

  • PJM Market Rules means the rules, standards, procedures, and practices of the PJM Markets set forth in the PJM Tariff, the PJM Operating Agreement, the PJM Reliability Assurance Agreement, the PJM Consolidated Transmission Owners Agreement, the PJM Manuals, the PJM Regional Practices Document, the PJM-Midwest Independent Transmission System Operator Joint Operating Agreement or any other document setting forth market rules. PJM Net Assets:

  • Approved Market means the Over-the-Counter Bulletin Board, the Nasdaq Stock Market, the New York Stock Exchange or the American Stock Exchange.

  • NYFRB’s Website means the website of the NYFRB at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • Web means the World Wide Web, containing among other things pages written in the hypertext markup language and/or any similar successor technology.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Stock Market means a market, or other place at which, or a facility by means of which—

  • Company’s Website means the website of the Company and/or its web-address or domain name (if any).

  • Subsequent Market means the New York Stock Exchange, American Stock Exchange, Nasdaq SmallCap Market or Nasdaq National Market.

  • Euronext Dublin means The Irish Stock Exchange plc trading as Euronext Dublin;

  • Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.

  • Nasdaq National Market means the National Market System of the Nasdaq Stock Market, Inc.

  • Secondary Market refers to a bulletin board platform at wxx.xxxxxxxxxxx.xx created by Masterworks.

  • Issuer’s Website means the website having the following internet address: www.leverageshares.com or such other internet address as may be used by the Issuer and notified to ETP Securityholders and the Trustee in accordance with Condition 17.

  • Portal has the meaning set forth in Section 3.6(b)(iii).