Common use of Marketability Clause in Contracts

Marketability. All securities are to be purchased through investment banking and brokerage firms of high quality and reputation, with a history of making markets for the securities in which we invest. In the unlikely event that securities must be sold before their maturity, the securities must be easily re-marketed. To accomplish this, the securities must be conventional “products” with strong name recognition.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xenogen Corp), Loan and Security Agreement (Xenogen Corp)

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Marketability. All securities are to be purchased through investment banking and brokerage firms of high quality and reputation, with a history of making markets for the securities in which we invest. In the unlikely event that securities must be sold before their maturity, the securities must be easily re-marketedremarketed. To accomplish this, the securities must be conventional "products" with strong name recognition.

Appears in 2 contracts

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Loan and Security Agreement (Aspect Medical Systems Inc)

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Marketability. All securities are to be purchased through investment banking and brokerage firms of high quality and reputation, with a history of making markets for the securities in which we invest. In the unlikely event even that securities must be sold before their maturity, the securities must be easily re-marketedremarketed. To accomplish this, the securities must be conventional “products” with strong name recognition.

Appears in 1 contract

Samples: Loan Agreement (Epix Medical Inc)

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