RELEVANT MARKETS Clause Samples
The 'Relevant Markets' clause defines the specific markets or sectors to which the agreement or its terms apply. In practice, this clause typically outlines the geographic regions, product categories, or industry segments that are considered when assessing obligations, competition, or performance under the contract. By clearly delineating the scope of applicable markets, this clause ensures that both parties have a mutual understanding of where and how the agreement's provisions are enforced, thereby reducing ambiguity and potential disputes over market boundaries.
RELEVANT MARKETS. For the purposes of this Agreement, it is assumed that the Common Stock is quoted on the National Association of Securities Dealers, Inc. NASDAQ Small Cap market ("NASDAQ Small Cap"), however, in the event the Common Stock is:
(a) listed on NASDAQ, NASDAQ Small Cap, a national securities exchange or admitted to unlisted trading privileges on such exchange, the price of the Common Stock to be determined during any applicable twenty (20) day trading period shall be the last reported sale price of the Common Stock on such exchange; or
(b) not quoted on the Bulletin Board listed or admitted to unlisted trading privileges, the price of the Common Stock to be determined during any applicable twenty (20) day trading period shall be the high closing bid as reported on the "pink sheets" by the National Daily Quotation Bureau, Inc.
RELEVANT MARKETS. For the purposes of this Agreement, it is assumed that the Common Stock is quoted on the Nasdaq OTC Bulletin Board; however, in the event the Common Stock is:
(a) listed on a national securities exchange or admitted to unlisted trading privileges on such exchange, the price of the Common Stock to be determined during any applicable trading period, e.g., the periods set forth in Section 6(b), above, shall be the last reported sale price of the Common Stock on such exchange; or
(b) not quoted on the Nasdaq OTC Bulletin Board or is not so listed or admitted to unlisted trading privileges, the price of the Common Stock to be determined during any applicable trading period shall be the high closing bid as reported on the "pink sheets" by the National Quotation Bureau, Inc.
RELEVANT MARKETS. For purposes of this Agreement, it is assumed that the Common Stock will be quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System, National Market System ("NASDAQ"); however, in the event the Common Stock is:
(a) listed on a national securities exchange or admitted to unlisted trading privileges on such exchange, the price of the Common Stock to be determined during any applicable 20 day trading period shall be the last reported sales price of the Common Stock on such exchange, or
(b) not quoted on NASDAQ or listed on any national securities exchange or admitted to unlisted trading privileges on either of the foregoing, the price of the Common Stock to be determined during any applicable 20 day trading period shall be the average of the high bid and the low asked prices as reported on the Bulletin Board maintained by the National Association of Securities Dealers, Inc., and if not quoted there, by reference to said prices as are reported on the "pink sheets" maintained by the National Daily Quotation Bureau, Inc.
RELEVANT MARKETS. For the purposes of this Agreement, it is assumed that the Common Stock is quoted on the National Association of Securities Dealers, Inc. NASDAQ Small Cap market ("NASDAQ Small Cap"), however, in the event the Common Stock is: (a) listed on NASDAQ, NASDAQ Small Cap, a national securities exchange or admitted to unlisted trading privileges on such exchange, the price of the Common Stock to be determined during any applicable twenty (20) day trading period shall be the last reported sale price of the Common Stock on such exchange; or
RELEVANT MARKETS. For the purposes of this Agreement, it is assumed that the Common Stock is quoted on the American Stock Exchange, however, in the event the Common Stock is:
(a) listed on NASDAQ, NASDAQ Small Cap, NASDAQ Bulletin Board, a national securities exchange or admitted to unlisted trading privileges on such exchange, the price of the Common Stock to be determined during any applicable five (5) day trading period the "Market Price Per Share" shall be the last reported sale price of the Common Stock on such exchange; or
(b) not quoted on the Bulletin Board listed or admitted to unlisted trading privileges, the Market Price Per Share of the Common Stock to be determined during any applicable five (5) day trading period shall be the last reported sale price as reported on the "pink sheets" by the National Daily Quotation Bureau, Inc.