LISTING, QUALIFICATIONS, ETC Sample Clauses
The "Listing, Qualifications, Etc" clause sets out the requirements for a company to maintain its securities listed on a recognized stock exchange and to comply with all relevant listing standards and qualifications. In practice, this clause obligates the company to ensure that it meets the ongoing criteria of the exchange, such as minimum share price, public float, and timely disclosure of material information. Its core function is to protect investors and counterparties by ensuring the company's shares remain accessible and tradable on public markets, thereby supporting transparency and liquidity.
LISTING, QUALIFICATIONS, ETC. This option shall be subject to the requirement that if, at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of non-public information or the satisfaction of any other condition is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval, disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Compensation Committee.
LISTING, QUALIFICATIONS, ETC. The Option shall be subject to the requirement that if, at any time, counsel to the Company shall determine that the listing, registration or qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of nonpublic information or the satisfaction of any other condition is necessary as a condition of, or in connection with, the issuance or purchase of shares thereunder, the Option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval, disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Company. Nothing herein shall be deemed to require the Company to apply for, effect or obtain such listing, registration, qualification, or disclosure, or to satisfy such other condition. If any such foregoing compliance is not obtained or lapses, the Option will be deemed void and the Company shall have no responsibility, liability or obligation to you regarding such Option.
LISTING, QUALIFICATIONS, ETC. The Option shall be subject to the requirement that if, at any time, counsel to the Company shall determine that the listing, registration or qualification of the Shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of nonpublic information or the satisfaction of any other condition is necessary as a condition of, or in connection with, the Issuance or purchase of Shares thereunder, the Option may not be exercised unless such listing, registration, qualification, consent or approval, disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Company. Nothing herein shall be deemed to require the Company to apply for, effect or obtain such listing, registration, qualification, or disclosure, or to satisfy such other condition.