Net Long Position Sample Clauses

Net Long Position. During the term of this Transaction it together with each other person in the Seller Group will maintain on an aggregated basis a net long position at least equal to the Number of Shares then subject to this Transaction. In computing the net long position it shall aggregate all cash transactions in the Shares as well as the notional amount of all derivatives or other instruments that directly or indirectly give economic exposure to the Shares.
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Net Long Position. Each Seller Party shall maintain a “net long position” (as such term is defined in Rule 14e-4 of the Exchange Act) with respect to the Shares it beneficially owns.
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Net Long Position. During the term of this Agreement, each Investor agrees to maintain a net long position of the Parent’s securities; provided, nothing herein shall prevent Investor from selling all securities affected by this Agreement.
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Net Long Position. Each Sxxxxxxx Stockholder shall maintain a “net long position” (as such term is defined in Rule 14e-4 of the Exchange Act) with respect to the shares of Common Stock it Beneficially Owns.
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Net Long Position. For the avoidance of doubt, but subject to compliance with applicable law, nothing during the term of this Transaction, it together with each other person (other than the acquisition of Redemption Shares and Additional Shares pursuant to this Confirmation) in the Seller Group (i) will not, directly or indirectly, effect or enter into any short sale or hedging transaction, with respect to the Shares subject to this Transaction, including without limitation writing or selling call options on such Shares and (ii) will maintain on an aggregated basis a net long position at least equal to the Number of Shares then subject to this Transaction. In computing the net long position it shall aggregate all cash transactions in the Shares as well as the notional amount of all derivatives or other instruments that directly or indirectly give economic exposure to the Shares. For the avoidance of doubt, nothing in this paragraph (b) shall prohibit Seller from acquiring Shares (other than Redemption Shares or Additional Shares) in open market purchases at prices equal to or below the Redemption Price.
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Net Long Position. During the term of this Agreement, each Investor agrees to maintain a net long position of the Company’s securities.
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Net Long Position. During the term of this Agreement, Ixxxxxxx agrees to maintain a net long position of the Company’s securities.
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Net Long Position. During the term of this Agreement, Investor agrees to maintain a net long position of the EDOC and/or the Company’s securities. (i) If, on the day that is three (3) trading days prior to EDOC’s special meeting of shareholders (the “Extension Meeting”) to approve, among other things, an extension (the “Extension”) of the date by which EDOC has to consummate an initial business combination from February 12, 2022 to August 12, 2022, EDOC’s Class A ordinary shares are trading at or below $10.27 and the Investors own, in the aggregate, fewer than [__] Shares, the Investors shall purchase Shares at trust value, in the first instance in the form of Shares tendered for redemption from the Escrow Agent (as defined herein) (the “Extension Redeemed Shares”), and if such Extension Redeemed Shares are not sufficient to allow the Investors to own, in the aggregate, at least [__]Shares, then the Investors shall thereafter purchase Shares, at trust value, in the open market, up to a number of Shares such that the Investors hold, in the aggregate, [__] Shares as of the time of the Extension Meeting if the stock is trading at or below trust value. (ii) During the period commencing on one (1) trading day following the Extension Meeting date until three (3) trading days prior to the Business Combination Meeting, the Investors shall have the right, but not the obligation, to sell any or all of the Shares subject to Sections 1, 4(a)(i) and 4(b) in the open market if the sale price exceeds $10.27 per Share prior to payment of any commissions due by the Investor for such sale. The foregoing restriction does not apply to any Shares held by the Investors not subject to Sections 1, 4(a)(i) and 4(b). (iii) If, on the day that is three (3) trading days prior to the Business Combination Meeting, the Investors hold fewer than [__] Shares, the Investors shall purchase Shares at trust value, in the first instance in the form of Shares tendered for redemption from the Escrow Agent (as defined herein) (the “Business Combination Redeemed Shares”), and if such Business Combination Redeemed Shares are not sufficient to allow the Investor to own at least [__]Shares, then the Investor shall thereafter purchase Shares, at trust value, in the open market, up to a number of Shares such that the Investors hold, in the aggregate, [__]Shares as of the time of the Business Combination Meeting if the stock is trading at or below trust value. Notwithstanding the foregoing, at any time from July 12, 2022 ...
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Related to Net Long Position

  • New Position An approved position not reflected in the current year budget complement.

  • Term Position A position occupied by a full-time or part-time nurse for a specified period of time, up to a maximum of sixty (60) weeks, where patient/client/resident census or workload necessitates a temporary increase in staffing, if mutually agreed, to replace a nurse(s) who is/are on vacation or leave of absence, or to carry out a special short term project or where the Employer has provided notice of permanent deletion of position(s) under the Memorandum of Understanding regarding Employment Security, or as otherwise mutually agreed between the Union and the Employer. If the Employer determines there is a term position to be filled by a nurse, the term position shall be posted in accordance with Article 30. This shall not preclude the Employer from utilizing part-time nurses and/or casual nurses to work available shifts as specified in Articles 34 and 35 when the Employer decides that a term position is not required. The Employer shall provide written confirmation of the start and expiry dates of the term position prior to the nurse's commencement in the position. This period may be extended if the Employer so requests and the Union agrees. The maximum duration specified in paragraph 1 above for term positions shall not apply in situations where a nurse is absent indefinitely due to Workers Compensation and/or illness and/or accident or where there is a temporary vacancy due to leave for Public Office. In these cases, the Employer shall state on the job posting that the said term position is an "Indefinite Term" which will expire subject to a minimum of twenty-four

  • Filling Positions ‌ The Employer will determine when a position will be filled, the type of appointment to be used when filling the position, and the skills and abilities necessary to perform the duties of the specific position within a job classification. Only those candidates who have the position-specific skills and abilities required to perform the duties of the vacant position will be referred for further consideration by the employing agency. A. An agency’s internal layoff list will consist of employees who have elected to place their name on the layoff list through Article 34, Layoff and Recall, of this Agreement and are confined to each individual agency. B. The statewide layoff list will consist of employees who have elected to place their name on the statewide layoff list in accordance with WAC 000-00-000. C. A promotional candidate is defined as an employee who has completed the probationary period within a permanent appointment and has attained permanent status within the agency. D. A transfer candidate is defined as an employee in permanent status in the same classification as the vacancy within the agency. E. A voluntary demotion candidate is defined as an employee in permanent status moving to a class in a lower salary range maximum within the agency. F. When filling a vacant position with a permanent appointment, candidates will be certified for further consideration in the following manner: 1. The most senior candidate on the agency’s internal layoff list with the required skills and abilities who has indicated an appropriate geographic availability will be appointed to the position. 2. If there are no names on the internal layoff list, the agency will certify up to twenty (20) candidates for further consideration. Up to seventy-five percent (75%) of those candidates will be statewide layoff, agency promotional, internal transfers, and agency voluntary demotions. All candidates certified must have the position-specific skills and abilities to perform the duties of the position to be filled. If there is a tie for the last position on the certification for either promotional or other candidates, the agency may consider up to ten

  • New Positions The Board, in consultation with the Association, shall prepare a new job description whenever a new position of special responsibility is created or whenever the duties of any such position are changed or increased. When such a position is created or changed, the allowance shall be subject to negotiations between the Board and the Association.

  • Net Income and Net Loss All net income or net loss of the Company shall be for the account of the Member.

  • Vacant Positions An employee on the reinstatement roster may bid on a vacant position in a different classification in the same manner as any other regular employee pursuant to this agreement.

  • Permanent Positions All part-time and full-time positions shall be permanent unless identified as being fixed term in accordance with clause 2.2.5.

  • Excluded Positions When a College temporarily assigns an employee to the duties and responsibilities of a position excluded from the provisions of this Collective Agreement, the employee's obligations to contribute to the regular monthly Union dues under Article 5.4 and his/her seniority shall continue during the period of such temporary assignment up to a maximum period of twelve

  • Filling Vacant Positions During the time the procedures outlined herein are in effect, position vacancies to be filled shall first be offered to regular employees who have a contractual right to be recalled to a position in the involved job classification or who may have a right to “bump” or transfer to the position, as the case may be. In such circumstances, the seniority provisions of the Agreement shall be observed. If no regular employee has a contractual right to the position, the following shall be given consideration in the order (priority) indicated below: 1st Priority: Qualified Job Bank employees 2nd Priority: Employees on a recall list 3rd Priority: Employee applicants from a list of eligibles 4th Priority: Displaced certified temporary employees 5th Priority: Non-employee applicants from a list of eligibles The qualifications of an employee in the Job Bank or on a recall list shall be reviewed to determine whether they meet the qualifications for a vacant position. Whether the employee can be trained for a position within a reasonable time (not to exceed three months) shall be considered when determining the qualifications of an employee. If it is determined that the employee does not meet the qualifications for a vacant position, the employee may appeal to the Director of Human Resources. If it is determined that an employee in the Job Bank is qualified for a vacant position, the employee shall be selected. The appointing authority may appeal the issue of whether the employee is qualified. The dispute shall be presented to and resolved by the Job Bank Steering Committee. If it is determined that an employee on a recall list is qualified for a vacant position, the employee will be given priority consideration and may be selected. Appeals regarding employees on a recall list and their qualifications for a position will be handled by the Civil Service Commission. The grievance procedure under the Labor Agreement shall not apply to determinations as to qualifications of the employee for a vacant position.

  • Fiscal and Taxable Year The fiscal and taxable year of the Partnership shall be the calendar year.

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