Private Placement Procedures. If Counterparty is unable to comply with the provisions of Section 6(c) above because of a change in law or a change in the policy of the Securities and Exchange Commission or its staff, or Dealer otherwise determines that in its reasonable opinion any Shares to be delivered to Dealer (or its affiliate) by Counterparty may not be freely returned by Dealer (or its affiliate) to securities lenders as described under such Section 6(c), or otherwise constitute “restricted securities” as defined in Rule 144 under the Securities Act, then delivery of any such Shares (the “Restricted Shares”) shall be effected as provided below, unless waived by Dealer.
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Samples: MGM Growth Properties Operating Partnership LP, MGM Growth Properties Operating Partnership LP, MGM Growth Properties Operating Partnership LP
Private Placement Procedures. If Counterparty is unable to comply with the provisions of Section 6(csub-paragraph (ii) of Paragraph 7(d) above because of a change Change in law or a change in the policy of the Securities and Exchange Commission or its staffLaw, or Dealer otherwise determines that in its reasonable opinion based on the advice of counsel any Shares to be delivered to Dealer (or its affiliate) by Counterparty may not be freely returned by Dealer (or its affiliate) affiliates to securities lenders as described under such Section 6(c), sub-paragraph (ii) or otherwise constitute “restricted securities” as defined in Rule 144 under the Securities Act, then delivery of any such Shares (the “Restricted Shares”) shall be effected as provided below, unless waived by Dealer.
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Samples: Distribution Agreement (PNM Resources Inc), Distribution Agreement (American Electric Power Co Inc)
Private Placement Procedures. If Counterparty is unable to comply with the provisions of Section 6(cParagraph 7(d)(ii) above because of a change in law or a change in the policy of the Securities and Exchange Commission SEC or its staff, or Dealer otherwise determines that in its reasonable opinion any Shares to be delivered to Dealer (or its affiliate) by Counterparty may not be freely returned by Dealer (or its affiliate) affiliates to securities lenders as described under such Section 6(c), Paragraph 7(d)(ii) or otherwise constitute “restricted securities” as defined in Rule 144 under the Securities Act, then delivery of any such Shares (the “Restricted Shares”) shall be effected as provided below, unless waived by Dealer.
Appears in 2 contracts
Samples: Equity Distribution Agreement (Summit Hotel Properties, Inc.), Offeringsm Sales Agreement (Peakstone Realty Trust)
Private Placement Procedures. If Counterparty is unable to comply with the provisions of Section 6(cParagraph 7(d)(ii) above because of a change in law or a change in the policy of the Securities and Exchange Commission or its staff, or Dealer otherwise determines that in its reasonable opinion any Shares to be delivered to Dealer (or its affiliate) by Counterparty may not be freely returned by Dealer (or its affiliate) affiliates to securities lenders as described under such Section 6(c), sub-paragraph (ii) or otherwise constitute “restricted securities” as defined in Rule 144 under the Securities Act, then delivery of any such Shares (the “Restricted Shares”) shall be effected as provided below, unless waived by Dealer.
Appears in 2 contracts
Samples: Forward Confirmation (Umb Financial Corp), Umb Financial Corp
Private Placement Procedures. If Counterparty is unable to comply with the provisions of Section 6(c9(a) above because of a change in law or a change in the policy of the Securities and Exchange Commission or its staff, or Dealer otherwise determines that that, in its good faith, reasonable opinion based on the advice of counsel, any Shares to be delivered to Dealer (or its affiliate) by Counterparty may not be freely returned by Dealer (or its affiliate) affiliates to securities lenders as described under such Section 6(c), sub-paragraph (ii) or otherwise constitute “restricted securities” as defined in Rule 144 under the Securities Act, then delivery of any such Shares (the “Restricted Shares”) shall be effected as provided below, unless waived by Dealer.
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