Restricted Trading Sample Clauses

The Restricted Trading clause limits or prohibits certain types of trading activities by a party, typically to prevent conflicts of interest or market manipulation. In practice, this clause may specify that a party cannot buy or sell particular securities, engage in short selling, or participate in trading during blackout periods. Its core function is to ensure compliance with legal or ethical standards and to protect the integrity of financial markets by reducing the risk of improper trading behavior.
Restricted Trading. (a) Trading Participants may at any time apply to the Operator to restrict trading between themselves in the Trading System to ensure that Bids and Offers of the Trading Participants are not matched (restricted trading). (b) To be eligible for restricted trading between Trading Participants, all the Trading Participants must be Related Trading Participants. (c) If: (i) a Trading Participant is a subsidiary of another Trading Participant; or (ii) a Trading Participant is a subsidiary of a holding company of another Trading Participant, the Trading Participants are Related Trading Participants. (d) A holding company, in relation to a Trading Participant, means a body corporate of which the Trading Participant is a subsidiary. (e) A Trading Participant is a subsidiary of a holding company or another Trading Participant (the second Trading Participant) if: (i) the holding company or second Trading Participant: (A) is in a position to cast, or control the casting of, more than one-half of the maximum number of votes that might be cast at a general meeting of the Trading Participant; or (B) holds more than one-half of the issued share capital of the Trading Participant (excluding any part of that issued share capital that carries no right to participant beyond a specified amount in a distribution of either profits or capital); or (ii) the Trading Participant is a subsidiary of a subsidiary of the holding company or the second Trading Participant (subclause (e)(i) above applying mutatis mutandis in determining if the Trading Participant is a subsidiary of a subsidiary or if the subsidiary is a subsidiary of the holding company or the second Trading Participant) (f) Trading Participants that wish to apply for restricted trading between themselves in the Trading System must submit an application to the Operator in the form and contain the information specified by the Operator. (g) The Operator may, within 5 Business Days of receiving an application, ask the applicants to provide further information or clarification in support of the application. If such a request is made, the application is taken to have been made when the further information or clarification is provided to the Operator’s satisfaction. If the applicants do not provide further information or clarification to the Operator’s satisfaction within 15 Business Days of the request, then the application lapses. (h) The Operator must accept or refuse an application for restricted trading within 15 Business D...
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Restricted Trading. Shares owned by Stockholder sold in a publicly traded transaction through a broker-dealer or with a market maker on any trading day may only be sold in amounts not to exceed ten percent (10%) of the average daily trading volume of the Stock of the Corporation over the prior ten (10) trading days. Shares sold subject to this Section 1.1 must be executed during regular trading hours and cannot be sold as an opening transaction on, or sold in the last 1/2 hour of regular trading hours of, any trading day.
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Restricted Trading. Subject to the first sentence of section 1.1, shares owned by Stockholder sold in a publicly traded transaction through a broker-dealer or with a market maker may only be sold in amounts not to exceed on any trading day five percent (5%) of the average daily trading volume of the Common Stock over the prior ten (10) trading days; provided that if the Common Stock is trading below $1.00 per share, the maximum amount of shares which the Stockholder may sell on any trading day shall not exceed three percent (3%) of the average daily volume during the prior ten (10) trading days. Shares sold in trades subject to this Section 1.2 must be executed during regular trading hours and cannot be sold as an opening transaction on, or sold in the first hour or the last hour of regular trading hours of, any trading day.
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Related to Restricted Trading

  • Restricted Transactions From the date hereof until the earlier of i) 120 days after the date of this Agreement or ii) the date that the Holder holds less than 10% of the Securities being sold to the Buyer in this offering remain outstanding, including Conversion Shares, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer, directly or indirectly, solicit, accept, enter into, announce, or otherwise cooperate in any way, assist or participate in or facilitate or encourage, any exchange (i) of any security of the Company or any of its subsidiaries for any other security of the Company or any of its subsidiaries, except to the extent (x) consummated pursuant to an exchange registered under a registration statement of the Company filed pursuant to the 1933 Act and declared effective by the SEC or (y) such exchange is exempt from registration pursuant to an exemption provided under the 1933 Act (other than Section 3(a)(10) of the ▇▇▇▇ ▇▇▇) or (ii) of any indebtedness or other securities of the Company or any of its subsidiaries relying on the exemption provided by Section 3(a)(10) of the 1933 Act. Notwithstanding the foregoing or anything contained herein to the contrary, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer (which consent may be withheld, delayed or conditioned in the Buyer’s sole discretion), directly or indirectly, cooperate in any way, assist or participate in, facilitate or encourage any effort or attempt by any third party to effect any acquisition of securities of the Company by such third party from an existing holder of such securities in connection with a proposed exchange of such securities of the Company (whether pursuant to Section 3(a)(9) or 3(a)(10) of the 1933 Act or otherwise).

  • Restricted Transfers Parties agree that when the transfer of personal data from Customer (as “data exporter”) to Atlassian (as “data importer”) is a Restricted Transfer and Applicable Data Protection Law requires that appropriate safeguards are put in place, the transfer will be subject to the Standard Contractual Clauses, which are deemed incorporated into and form a part of this DPA, as follows: (a) In relation to transfers of Customer Personal Data governed by the EU GDPR and processed in accordance with Section 2.2(a) of this DPA, the EU SCCs will apply, completed as follows: i. Module Two or Module Three will apply (as applicable); ii. in Clause 7, the optional docking clause will not apply; iii. in Clause 9, Option 2 will apply, and the time period for prior notice of Sub-processor changes will be as set out in Section 2.10 of this DPA; iv. in Clause 11, the optional language will not apply; v. in Clause 17, Option 1 will apply, and the EU SCCs will be governed by Irish law; vi. in Clause 18(b), disputes will be resolved before the courts of Ireland; vii. Annex I of the EU SCCs is deemed completed with the information set out in Exhibit A to this DPA, as applicable; and viii. Subject to Section 2.8 of this DPA, ▇▇▇▇▇ ▇▇ of the EU SCCs is deemed completed with the information set out in Exhibit B to this DPA; (b) In relation to transfers of personal data governed by the EU GDPR and processed in accordance with Section 2.2(b) of this DPA, the EU SCCs apply, completed as follows: i. Module One will apply; ii. in Clause 7, the optional docking clause will not apply; iii. in Clause 11, the optional language will not apply; iv. in Clause 17, Option 1 will apply, and the EU SCCs will be governed by Irish law; v. in Clause 18(b), disputes will be resolved before the courts of Ireland; vi. Annex I of the EU SCCs is deemed completed with the information set out in Exhibit A to this DPA, as applicable; and vii. Subject to Section 2.8 of this DPA, ▇▇▇▇▇ ▇▇ of the EU SCCs is deemed completed with the information set out in Exhibit B to this DPA; (c) In relation to transfers of personal data governed by UK Data Protection Law, the EU SCCs: (i) apply as completed in accordance with paragraphs (a) and (b) above; and (ii) are deemed amended as specified by the UK Addendum, which is deemed executed by the parties and incorporated into and forming an integral part of this DPA. In addition, Tables 1 to 3 in Part 1 of the UK Addendum is deemed completed respectively with the information set out in Section 2.9, as well as Exhibits A and B of this DPA; Table 4 in Part 1 is deemed completed by selecting “neither party.” Any conflict between the terms of the EU SCCs and the UK Addendum will be resolved in accordance with Section 10 and Section 11 of the UK Addendum. (d) In relation to transfers of personal data governed by the Swiss FADP, the EU SCCs will also apply in accordance with paragraphs (a) and (b) above, with the following modifications: i. any references in the EU SCCs to “Directive 95/46/EC” or “Regulation (EU) 2016/679” will be interpreted as references to the Swiss FADP, and references to specific Articles of “Regulation (EU) 2016/679” will be replaced with the equivalent article or section of the Swiss FADP; ii. references to “EU”, “Union”, “Member State” and “Member State law” will be interpreted as references to Switzerland and Swiss law, as the case may be, and will not be interpreted in such a way as to exclude data subjects in Switzerland from exercising their rights in their place of habitual residence in accordance with Clause 18(c) of the EU SCCs;

  • Notice of Restricted Transfer Any Person who acquires or attempts or intends to acquire Beneficial Ownership or Constructive Ownership of Shares that will or may violate Section 13.2(a) or any Person who would have owned Shares that resulted in a transfer to the Trust pursuant to the provisions of Section 13.2(b) shall immediately give written notice to the Company of such event or, in the case of such a proposed or attempted transaction, give at least 15 days prior written notice, and shall provide to the Company such other information as the Company may request in order to determine the effect, if any, of such Transfer or Non-Transfer Event on the Company’s qualification as a REIT.

  • Restricted Territory Executive and Company understand and agree that Company’s business is not geographically restricted and is unrelated to the physical location of Company facilities or the physical location of any Competing Business, due to extensive use of the Internet, telephones, facsimile transmissions and other means of electronic information and product distribution. Executive and Company further understand and agree that Executive will, in part, work toward expanding Company’s markets and geographic business territories and will be compensated for performing this work on behalf of Company. Accordingly, Company has a protectable business interest in, and the parties intend the Restricted Territory to encompass, each and every location from which Executive could engage in a Competing Business in any country, state, province, county or other political subdivision in which Company has clients, employees, suppliers, distributors or other business partners or operations. If, but only if, this Restricted Territory is held to be invalid on the ground that it is unreasonably broad, the Restricted Territory shall include each location from which Executive can conduct business in any of the following locations: each state in the United States in which Company conducts sales or operations, each province within Canada in which Company conducts sales or operations, and each political subdivision of the United Kingdom in which Company conducts sales or operations. If, but only if, this Restricted Territory is held to be invalid on the grounds that it is unreasonably broad, then the Restricted Territory shall be any location within a fifty (50) mile radius of any Company office.

  • Competing Business “Competing Business” means any depository, wealth management or trust business company or holding company thereof (including without limitation, any start-up bank or bank in formation) operating anywhere within the Covered Area.