Securities from new issues, provided Clause Samples
The 'Securities from new issues, provided' clause defines the conditions under which securities obtained from newly issued offerings may be included or excluded from a particular agreement or arrangement. Typically, this clause specifies that only certain new issue securities—such as shares from an initial public offering or a secondary offering—are covered, and may set requirements like regulatory compliance or notification procedures. Its core practical function is to clarify the treatment of new securities, ensuring both parties understand whether and how such assets are incorporated, thereby preventing disputes and promoting transparency.
Securities from new issues, provided a) The issuing conditions include the obligation that approval for the official listing and/or trading on a securities exchange mentioned under Item 7.1.
1 a) to c) or on a regulated market mentioned there has been requested, and
b) That this approval is obtained before expiration of one year after the issue date, at the latest.