Future Securities definition

Future Securities means any issuance of Capital Stock in a financing transaction (other than an underwritten public offering), a purpose of which is raising capital, at a price which is less than ninety percent (90%) of the 10-day average closing price of Common Stock as reported by the Bloomberg Professional Service (x) established on the date on which Notice (as defined below) is delivered to members of the Investor Shareholder Group, if the issuance is to be sold at a price which has been established prior to the date of such Notice, or (y) on the day immediately prior to the closing date of such transaction if the price has not been established prior to Notice. Notwithstanding anything to the contrary, the term "Future Securities" does not include:
Future Securities has the meaning set forth in Section 2.01 of this Eighth Supplemental Indenture.
Future Securities shall have the meaning set forth in Section 3.2.

Examples of Future Securities in a sentence

  • TO ENTER AN ORDER TO CEASE AND DESIST AND DENY FUTURE SECURITIES REGISTRATIONS1 Department of Financial Institutions Securities Division - Compliance UnitPO Box 9033 Olympia, WA 98507-9033 1 2.

  • AND BARRING FUTURE SECURITIES REGISTRATIONS1 DEPARTMENT OF FINANCIAL INSTITUTIONSSecurities DivisionPO Box 9033 1 1995.

  • The Directors of the Company unanimously recommend to all Shareholders that they vote in favour of this Resolution.RESOLUTIONS 13 & 14: APPROVAL OF FUTURE SECURITIES PLACEMENTSOn October 10, 2011 the Shareholders approved the issue of up to 136,000,000 ordinary shares and up to 20,000,000 unquoted options to any party or parties nominated by the Company, who shall not be related parties.

  • RESOLUTION 12: APPROVAL OF FUTURE SECURITIES PLACEMENT - Ordinary resolutionThe success of the Company's recent renounceable rights issue and the unsatisfied demand from non shareholders as reported by the entitlement issue underwriter, DJ Carmichael Pty Ltd has prompted the Company to take advantage of that demand and the opportunity to raise further cash to assist with the previously announced intentions to broaden the Company's energy projects base, and for additional working capital.


More Definitions of Future Securities

Future Securities has the meaning set forth in Article Two of this Fifth Supplemental Indenture.
Future Securities means all future securities, assets, rights, title, interest and claims the Pledgor has or will have in relation to the Pledged Account, and all amounts now or in the future credited or accrued on the Pledged Account, including, for the avoidance of doubt, cash and other rights and the property held therein or credited thereto and the proceeds and products thereof and property received, receivable or otherwise distributed in respect of the Pledged Account and the assets held therein and any assets from time to time subject, or expressed to be subject, to the Pledge created or expressed to be created by or pursuant to this Agreement or any part of those assets, including cash, assets or securities derived from the Securities (whether by way of redemption, liquidation, bonus, preference, option, substitution, conversion or otherwise) or from the proceeds thereof.
Future Securities has the meaning set forth in Article III.
Future Securities shall have the meaning set forth in SECTION 3.2.

Related to Future Securities

  • indenture securities means the Notes.

  • other indenture securities means securities upon which the Company is an obligor outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account.

  • indenture securityholder means a Holder or Securityholder.

  • indenture security holder means a Noteholder.

  • Indenture Secured Parties means the Noteholders.

  • obligor on the indenture securities means the Company. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • Permitted Cure Security means an equity security of the Borrower having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Latest Maturity Date of all Classes of Loans or Commitments, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.

  • indenture to be qualified means this Indenture.

  • Delaware Secretary means the Secretary of State of the State of Delaware.

  • Institutional means lands or Buildings used or designed or intended for use by an organized body, society or religious group for promoting a public or non-profit purpose and shall include, without limiting the generality of the foregoing, Places of Worship, medical clinics and Special Care Facilities;

  • Fire Service means any deployment of firefighting personnel and/or equipment to extinguish a fire or perform any preventative measure in an effort to protect equipment, life, or property in an area threatened by fire. It also includes the deployment of firefighting personnel and/or equipment to provide fire suppression, rescue, extrication, and any other services related to fire and rescue as may occasionally occur.

  • the qualifying period means the period of 12 years immediately preceding the date of publication of the advertisements referred to in paragraph (A)(iv) above or of the first of the two advertisements to be published if they are published on different dates; and

  • pre-qualification means the first stage of the Bidding Process involving the submission, opening and evaluation of the Qualification Documents submitted by the Prospective Bidders.

  • Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Institutional Holder An insurance company whose long-term debt is rated at least A- (or equivalent rating) by a Rating Agency, or an equivalent rating from any other nationally recognized statistical rating organization.

  • Medicare Select issuer means an issuer offering, or seeking to offer, a Medicare Select policy or certificate.

  • Private Securities Transaction means any securities transaction relating to new offerings of securities which are not registered with the Securities and Exchange Commission, provided however that transactions subject to the notification requirements of Rule 3050 of the Financial Industry Regulatory Authority’s (FINRA) Conduct Rules, transactions among immediate family members (as defined in the interpretation of the FINRA Board of Governors on free-riding and withholding) for which no associated person receives any selling compensation, and personal securities transactions in investment company and variable annuity securities shall be excluded.

  • Derivative Securities means any securities or rights convertible into, or exercisable or exchangeable for (in each case, directly or indirectly), Common Stock, including options and warrants.

  • under common control with means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, as trustee or executor, as general partner or managing member, by Contract or otherwise, including the ownership, directly or indirectly, of securities having the power to elect a majority of the board of directors or similar body governing the affairs of such Person.

  • Rule 424 means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended or interpreted from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same purpose and effect as such Rule.

  • Indenture Notes means the Notes.

  • Rule 3a-5 means Rule 3a-5 under the Investment Company Act.

  • Securities and Futures Ordinance means the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong);

  • Pre-Qualifying Criteria means the criteria set out in clause 27.3 of this Part C.