Common use of Off-Market Transactions Clause in Contracts

Off-Market Transactions. If we sell you any Equity Securities which are not quoted on a regulated market, as defined by the Applicable Regula­ tions, unless we specify a longer period, we shall, to the extent required by law, ensure the availability to you of a reasonable repurchase price for such Equity Securities for three months after the original sale to you. You may find it difficult to sell such Equity Securities after the end of such period due to their nature and possible illiquidity.

Appears in 6 contracts

Samples: Professional Client Agreement, Professional Client Agreement, Eligible Counterparty Agreement

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