Underwritten Block Trade definition

Underwritten Block Trade shall have the meaning given in Section 2.1.1(b).

Underwritten Block Trade has the meaning set forth in Section 2(f).

Underwritten Block Trade means an underwritten offering and sale of Shares of the Company on a block trade or firm commitment basis pursuant to a Shelf Registration without substantial marketing efforts prior to pricing.

Examples of Underwritten Block Trade in a sentence

• As expeditiously as possible, the Company shall use its commercially reasonable efforts to facilitate such Underwritten Block Trade (which may close as early as three (3) Business Days after the date it commences).

• In the event a Demand Party requests such an Underwritten Block Trade, notwithstanding anything to the contrary in this Section 2.1 or in Section 2.2, any holder of Shares who is not a Holder shall have no right to notice of or to participate in such Underwritten Block Trade at any time.

• Any Potential Participant’s request to participate in an Underwritten Block Trade shall be binding on the Potential Participant.

• The Shareholder shall use commercially reasonable efforts to work with the Company and the underwriters (including by disclosing the maximum number of Shares of Common Stock proposed to be the subject of such Underwritten Block Trade) in order to facilitate preparation of the Registration Statement (including filing of an ASRS), Prospectus and other offering documentation related to the Underwritten Block Trade.

• If a Demand Registration is a Public Offering, the Shareholder shall have the right to select the investment banking firm(s) to act as the managing underwriter(s) and counsel for the Shareholder in connection with such offering (including in any underwritten offering under a Shelf Registration Statement or any Underwritten Block Trade).

More Definitions of Underwritten Block Trade

Underwritten Block Trade has the meaning ascribed to such term in Section 3(e).

Underwritten Block Trade is defined in Section 2.4.

Underwritten Block Trade means any underwritten offering structured as a “block trade,” “bought deal” or similar transaction with a financial institution.

Underwritten Block Trade shall have the meaning set forth in Section 4(b).

Underwritten Block Trade means an Underwritten Shelf Takedown by means of an underwritten block trade or similar transaction or other transaction with a two-day (or shorter) marketing period.

Underwritten Block Trade has the meaning ascribed to such term in Section 2.1(f). "Valid Business Reason" has the meaning ascribed to such term in Section 2.1(b).

Underwritten Block Trade is defined in Section 10.05(g).