Effect of Trading Halt Sample Clauses

Effect of Trading Halt. (a) During a Trading Halt, a Member’s access to and use of the Trading System may be suspended in whole or in part, and the Operator may vary the extent of the suspension at any time having regard to subsequent events or circumstances. (b) As far as reasonably practicable, the extent of a suspension should be commensurate with the nature and extent of the matter giving rise to the suspension, provided that nothing in this clause requires the Operator to allow a suspended Trading Participant to submit Orders. (c) A part suspension includes suspension with respect to the trading of specific Products or with respect to trading only (such that the Member can still view information on the Trading System), or restrictions relating to submission of particular Orders, types of Orders or Reallocation Requests. (d) The Operator may: (i) withdraw or cancel any Order submitted by a Member who is subject to a Trading Halt, whether the Order was submitted before or after the Trading Halt commenced; and (ii) remove any Pre-matched Trades or Broker Pre-matched Trades to which the Member is a party from the Trading System. (e) A Member who is subject to a Trading Halt must continue to perform its obligations under this agreement (including its obligations with respect to delivery and payment).
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Effect of Trading Halt. During a Trading Halt, AEMO may suspend access to and use of the Auction Platform by the Auction Participant that is subject to the Trading Halt in whole or in part, and AEMO may vary the extent of the suspension at any time having regard to subsequent events or circumstances. AEMO may withdraw or cancel any bid submitted by the Auction Participant while it is subject to a Trading Halt, whether the bid was submitted before or after the Trading Halt commenced. The Auction Participant must while it is subject to a Trading Halt continue to perform its obligations under this Agreement (including its obligations with respect to payment). Default and termination Each of the following is a Default Event under this Agreement: the Auction Participant does not pay an amount due for payment by it to AEMO under this Agreement, or fails to comply with a Margin Call in accordance with clause A.6.9(cccc), by the appointed time on the due date; AEMO does not receive payment in full of any amount claimed by AEMO under any Credit Support in respect of the Auction Participant, within 90 minutes after the due time for payment of that claim; the Auction Participant admits to the AER that it has breached, or is declared by a court to have breached, the Market Conduct Rules, and AEMO reasonably considers that: the breach is ongoing and is likely to have a material adverse effect on the Capacity Auction; and the Auction Participant is unlikely to remedy or remove the circumstances leading to that breach within a reasonable period of time; the Auction Participant ceases to meet the criteria for registration under the Auction Procedures; a representation made or repeated or deemed to have been made or repeated by the Auction Participant under clauses A.16.2 and A.16.3 of this Agreement proves to have been incorrect or misleading in any material respect when made or repeated or deemed to have been made or repeated; the Auction Participant or its Credit Support Provider ceases or is likely to cease to carry on its business or a substantial part of its business; the Auction Participant or its Credit Support Provider enters into or takes any action to enter into an arrangement (including a scheme of arrangement), composition or compromise with, or assignment for the benefit of, all or any class of their respective creditors or members, or a moratorium involving any of them; the Auction Participant or its Credit Support Provider states that it is unable to pay from its own money its deb...
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Effect of Trading Halt. During a Trading Halt, a Member’s access to and use of the Trading System may be suspended in whole or in part, and the Operator may vary the extent of the suspension at any time having regard to subsequent events or circumstances. As far as reasonably practicable, the extent of a suspension should be commensurate with the nature and extent of the matter giving rise to the suspension, provided that nothing in this clause requires the Operator to allow a suspended Trading Participant to submit Orders. A part suspension includes suspension with respect to the trading of specific Products or with respect to trading only (such that the Member can still view information on the Trading System), or restrictions relating to submission of particular Orders, types of Orders or Reallocation Requests. The Operator may: withdraw or cancel any Order submitted by a Trading Participant who is subject to a Trading Halt, whether the Order was submitted before or after the Trading Halt commenced; and remove any Pre-matched Trades from the Trading System. A Member who is subject to a Trading Halt must continue to perform its obligations under this agreement (including its obligations with respect to delivery and payment).
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Related to Effect of Trading Halt

  • RESUMPTION OF TRADING Trading in the Shares was suspended from 9:30 a.m. on 4 November 2009 pending the release of this announcement. Application has been made to the Stock Exchange for the resumption of trading in the Shares from 9:30 a.m. on 11 November 2009.

  • Suspension of Trading At any time after the Registrable Securities are covered by an effective Registration Statement, the Company may deliver to the Holder of such Registrable Securities a certificate (the "Suspension Certificate") approved by the Chief Executive Officer of the Company and signed by an officer of the Company stating that the effectiveness of and sales of Registrable Securities under the Registration Statement would: (i) materially interfere with any transaction that would require the Company to prepare financial statements under the Securities Act that the Company would otherwise not be required to prepare in order to comply with its obligations under the Exchange Act, or (ii) require public disclosure of any transaction of the type discussed in Section 6(d)(i) prior to the time such disclosure might otherwise be required. After the delivery of a Suspension Certificate by Holder of Registrable Securities, the Company may, in its discretion, require such Holder of Registrable Securities to refrain from selling or otherwise transferring or disposing of any Registrable Securities or other Company securities then held by such Holder for a specified period of time that is customary under the circumstances (not to exceed thirty (30) days). Notwithstanding the foregoing sentence, the Company shall be permitted to cause Holder of Registrable Securities to so refrain from selling or otherwise transferring or disposing of any Registrable Securities or other securities of the Company on only one occasion during each twelve (12) consecutive month period that the Registration Statement remains effective. The Company may impose stop transfer instructions to enforce any required agreement of the Holder under this Section 6(d).

  • Settlement of Trades When Bank receives an Instruction directing settlement of a trade in Financial Assets that includes all information required by Bank, Bank shall use reasonable care to effect such settlement as instructed. Settlement of purchases and sales of Financial Assets shall be conducted in accordance with prevailing standards of the market in which the transaction occurs. The risk of loss shall be Customer's whenever Bank delivers Financial Assets or payment in accordance with applicable market practice in advance of receipt or settlement of the expected consideration. In the case of the failure of Customer's counterparty to deliver the expected consideration as agreed, Bank shall contact the counterparty to seek settlement and, if the settlement is not received, notify Customer, but Bank shall not be obligated to institute legal proceedings, file proof of claim in any insolvency proceeding, or take any similar action.

  • Acknowledgment of Trading The Company consents to the Manager trading in the Common Stock for the Manager’s own account and for the account of its clients at the same time as sales of the Shares occur pursuant to this Agreement or pursuant to a Terms Agreement.

  • NO SUSPENSION OF TRADING IN OR DELISTING OF COMMON STOCK The trading of the Common Stock is not suspended by the SEC or the Principal Market (if the Common Stock is traded on a Principal Market). The issuance of shares of Common Stock with respect to the applicable Closing, if any, shall not violate the shareholder approval requirements of the Principal Market (if the Common Stock is traded on a Principal Market). The Company shall not have received any notice threatening the continued listing of the Common Stock on the Principal Market (if the Common Stock is traded on a Principal Market).

  • No Suspensions of Trading in Common Stock; Listing Trading in the Common Stock shall not have been suspended by the Commission or any Trading Market (except for any suspensions of trading of not more than one Trading Day solely to permit dissemination of material information regarding the Company) at any time since the date of execution of this Agreement, and the Common Stock shall have been at all times since such date listed for trading on a Trading Market;

  • No Suspension of Trading in or Notice of Delisting of Common Stock Trading in the Common Stock shall not have been suspended by the Commission, the Trading Market or the FINRA (except for any suspension of trading of limited duration agreed to by the Company, which suspension shall be terminated prior to the Commencement Date), the Company shall not have received any final and non-appealable notice that the listing or quotation of the Common Stock on the Trading Market shall be terminated on a date certain (unless, prior to such date certain, the Common Stock is listed or quoted on any other Eligible Market), nor shall there have been imposed any suspension of, or restriction on, accepting additional deposits of the Common Stock, electronic trading or book-entry services by DTC with respect to the Common Stock that is continuing, the Company shall not have received any notice from DTC to the effect that a suspension of, or restriction on, accepting additional deposits of the Common Stock, electronic trading or book-entry services by DTC with respect to the Common Stock is being imposed or is contemplated (unless, prior to such suspension or restriction, DTC shall have notified the Company in writing that DTC has determined not to impose any such suspension or restriction).

  • No Suspensions of Trading in Common Stock The Common Stock shall not have been suspended, as of the Closing Date, by the Commission or the Principal Trading Market from trading on the Principal Trading Market nor shall suspension by the Commission or the Principal Trading Market have been threatened, as of the Closing Date, either (A) in writing by the Commission or the Principal Trading Market or (B) by falling below the minimum listing maintenance requirements of the Principal Trading Market.

  • Exchange of Traffic Notwithstanding references to VNXX traffic in this section 7, the parties recognize that the Oregon PUC currently prohibits VNXX arrangements, unless the Parties have implemented language in the Agreement consistent with Order No. 07-098. As such, the parties will not knowingly provide VNXX service in Oregon or knowingly aid the other party in providing VNXX service in Oregon. This section is subject to Section 2.2 of the agreement regarding changes to Existing Rules and Laws. CLEC may request an amendment to this Agreement to provide VNXX arrangements consistent with the implementation of Order No. 07-098.

  • Compliance with Exchange Rules There is and has been no failure on the part of the Company or, to the knowledge of the Company, any of the Company’s officers or directors, in their capacities as such, to comply with (as and when applicable), and immediately following the Effective Date the Company will be in compliance with, the New York Stock Exchange Listed Company Manual. Further, there is and has been no failure on the part of the Company or, to the knowledge of the Company, any of the Company’s officers or directors, in their capacities as such, to comply with (as and when applicable), and immediately following the Effective Date the Company will be in compliance with, the phase-in requirements and all other applicable provisions of the New York Stock Exchange corporate governance requirements set forth in the New York Stock Exchange Listed Company Manual.

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