Common use of No Suspension in Trading; Banking Moratorium Clause in Contracts

No Suspension in Trading; Banking Moratorium. (i) A suspension of trading generally in securities on the New York Stock Exchange LLC or The Nasdaq Stock Market LLC or any setting of limitations on prices for securities generally occurs on any such exchange or market or (ii) the declaration of a banking moratorium by any Governmental Authority has occurred or the taking of any action by any such Governmental Authority in the United States after the date hereof in respect of its monetary or fiscal affairs that, in the Representative’s sole judgment, could reasonably be expected to have a material adverse effect on the financial markets in the United States.

Appears in 1 contract

Samples: Purchase Agreement (DriveTime Car Sales Company, LLC)

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No Suspension in Trading; Banking Moratorium. There shall not have been any (i) A suspension or limitation of trading generally in securities on the New York Stock Exchange LLC or The Nasdaq Stock the NASDAQ National Market LLC or any setting of limitations on prices for securities generally occurs on any such exchange or market or (ii) the declaration of a banking moratorium by any Governmental Authority governmental authority has occurred or the taking of any action by any such Governmental Authority in the United States governmental authority after the date hereof in respect of its monetary or fiscal affairs that, in the Representative’s case of clause (i) or (ii) of this paragraph, in the Initial Purchasers’ sole judgment, judgment could reasonably be expected to have a material adverse effect on the financial markets in the United StatesStates or elsewhere.

Appears in 1 contract

Samples: Purchase Agreement (Nektar Therapeutics)

No Suspension in Trading; Banking Moratorium. There shall not have been any (i) A suspension or limitation of trading generally in securities on the New York Stock Exchange LLC Exchange, the NYSE Euronext or The Nasdaq Stock the NASDAQ Global Market LLC or any setting of limitations on prices for securities generally occurs on any such exchange or market or (ii) the declaration of a banking moratorium by any Governmental Authority has occurred or the taking of any action by any such Governmental Authority in the United States after the date hereof in respect of its monetary or fiscal affairs that, in the case of clause (i) or (ii) of this paragraph, in the Representative’s sole judgment, judgment could reasonably be expected to have a material adverse effect on the financial markets in the United StatesStates or elsewhere.

Appears in 1 contract

Samples: Purchase Agreement (TMX Finance LLC)

No Suspension in Trading; Banking Moratorium. (i) A suspension of trading generally in securities on the New York Stock Exchange LLC or The Nasdaq Stock Market LLC or any setting of limitations on prices for securities generally occurs on any such exchange or market or (ii) the declaration of a banking moratorium by any Governmental Authority has occurred or the taking of any action by any such Governmental Authority in the United States after the date hereof in respect of its monetary or fiscal affairs that, in the Representative’s case of clause (i) or (ii) of this paragraph, in the Initial Purchasers’ sole judgment, judgment could reasonably be expected to have a material adverse effect on the financial markets in the United States.

Appears in 1 contract

Samples: Purchase Agreement (DT Credit Company, LLC)

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No Suspension in Trading; Banking Moratorium. There shall not have been any (i) A suspension of the trading in the Company’s common stock by the SEC, the New York Stock Exchange or the NASDAQ Global Market or any suspension or material limitation of trading generally in securities on the New York Stock Exchange LLC or The Nasdaq Stock Market LLC or any setting of limitations on prices for securities generally occurs on any such exchange or market or the NASDAQ Global Market, (ii) the declaration of a general banking moratorium by any Governmental Authority has occurred or the taking of any action by any such Governmental Authority in the United States after the date hereof in respect of its monetary or fiscal affairs or (iii) material disruption in settlement or clearing services that, in each case, in the RepresentativeInitial Purchaser’s sole judgment, judgment could reasonably be expected to have a material adverse effect on the financial markets in the United StatesStates or elsewhere.

Appears in 1 contract

Samples: Purchase Agreement (KCG Holdings, Inc.)

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