Minimum Holding Period Sample Clauses
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Minimum Holding Period. If you have been granted RSUs pursuant to the French Sub-Plan for RSUs and you are issued shares of Common Stock pursuant to the Agreement prior to the two (2) year anniversary of the Grant Date, then you must hold such shares of Common Stock for a minimum period of two (2) years from the Grant Date. For the avoidance of doubt, the two-year holding period will not be applicable for any shares of Common Stock vested on or following the two (2) year anniversary of the Grant Date.
Minimum Holding Period. The Shares issuable upon exercise of the SARs may not be sold, transferred, exchanged, assigned, pledged, hypothecated or otherwise encumbered to or in favor of any party other than the Company, and may not be subject to any lien, obligation or liability of Grantee to any other party other than the Company, until the earlier of (i) the fifth anniversary of the Grant Date, or (ii) Grantee’s termination as a director of the Company for any reason (the “Minimum Holding Period”).
Minimum Holding Period. Other than the Sukuk Certificates which have been awarded in a reward draw or the Sukuk Certificates which are issued as part of profit entitlement, the Sukuk Certificates may not be redeemed before the expiry of the Minimum Holding Period.
Minimum Holding Period. The Employee shall hold all Purchased Shares for at least 6 months from the date such Purchased Shares were purchased. The Employee shall hold all Non-Purchased Shares for at least six months from the date such Non-Purchased Shares were vested. The Employee shall hold all Company Shares acquired through the exercise of Options for at least 6 months from the date such Options were exercised.
Minimum Holding Period. Microsoft covenants that prior to the ---------------------- second anniversary of the Series C Original Issue Date, it shall not transfer any of the Series C Shares or the shares of Common Stock issuable upon conversion of the Series C Shares.
Minimum Holding Period. No Conversion Option may be exercised before the expiry of the Minimum Holding Period.
Minimum Holding Period. For a period of seven (7) years following the Closing, OP agrees that it will not voluntarily sell, distribute in kind, exchange, transfer or otherwise dispose of the Property other than (i) in a tax-deferred exchange qualifying under Section 1031 of the Internal Revenue Code or under any equivalent, successor, replacement or additional Internal Revenue Code Sections in which no gain or loss is recognized for income tax purposes or (ii) a sale under threat of eminent domain (described in Section 1033 of the Internal Revenue Code) or an (iii) involuntary sale (a) pursuant to foreclosure of a first deed of trust securing the Property, (b) a deed in lieu of foreclosure or (c) a proceeding in connection with a Bankruptcy of the OP, unless the OP has been merged into its general partner and/or the OP or such general partner sells or transfers or is not the survivor in any Termination Transaction (as described in the Partnership Agreement of the OP) and not in control of substantially all of the OP's assets by means of a single or series of related taxable trans actions, and that no property other than cash will be distributed to any Unit Holder except in connection with a Termination Transaction or as may be approved by such Unit Holder. Notwithstanding the foregoing, there shall be no limit on the OP's ability to dispose of the Property after the date on which there has been a "step-up" in the basis of all interests in the OP which were transferred by the OP to Contributor (and any Unit Holders) pursuant to this Agreement (e.g., as a result of a taxable disposition of such interests by such parties or the death of each such Unit Holder or their spouse), provided that the OP has made an election under Section 754 of the Internal Revenue Code which is in effect.
Minimum Holding Period. If French Participant is issued Shares pursuant to the Award Agreement prior to the two (2) year anniversary of the Date of Grant, then French Participant must hold such Shares for a minimum period of two (2) years from the Date of Grant. For the avoidance of doubt, the two-year holding period will not be applicable for any Shares vested on or following the two (2) year anniversary of the Date of Grant.
Minimum Holding Period. Notwithstanding any other provision of the Plan, once definitively delivered, the Shares must be held by the Participant during a minimum two-year period (“Holding Period”) beginning on the date of their delivery to the Participant, except in any event provided for under French law as an exception to this minimum Holding Period. Following the Holding Period, a Participant will be entitled to sell the Shares at his own will, subject to the restrictions described in Section 11 of the French Subplan below.