STOCK EXCHANGE REQUIREMENTS Clause Samples
The STOCK EXCHANGE REQUIREMENTS clause sets out the obligation for parties to comply with the rules, regulations, and requirements imposed by relevant stock exchanges. In practice, this means that any actions, disclosures, or transactions under the agreement must adhere to the standards and procedures mandated by the stock exchange where the company’s securities are listed, such as timely reporting or obtaining necessary approvals. This clause ensures that the agreement remains compliant with external regulatory frameworks, thereby reducing the risk of violations and potential penalties.
STOCK EXCHANGE REQUIREMENTS. 5.1 The Executive shall not deal in any shares or other securities issued by the Company or by any other Group Member:
5.1.1 in contravention of the insider dealing provisions of the Criminal Justice ▇▇▇ ▇▇▇▇; nor
5.1.2 other than in accordance with the Share Dealing Code;
5.2 The Executive shall promptly notify to the secretary of the Company:
5.2.1 written particulars of any share transactions relating to the Executive or any person connected to the Executive which are required by law to be notified to the Company; and
5.2.2 all relevant information relating to the Executive or any such connected person which the Company is required to notify to the London Stock Exchange in accordance with or pursuant to the AIM Rules.
5.3 The Executive shall, insofar as applicable to his as a result of the Executive being a director or employee of the Company, comply with all relevant provisions of:
5.3.1 rules governing any share transactions relating to the Executive or any person connected to the Executive which are required by law to be notified to the Company;
5.3.2 the AIM Rules; and
5.3.3 the UK Corporate Governance Code as published by the Financial Reporting Council.
STOCK EXCHANGE REQUIREMENTS. Notwithstanding anything to the contrary in this Agreement, no Shares purchased upon exercise of the Option, and no certificate representing all or any part of such shares, shall be issued or delivered if (a) such shares have not been admitted to listing upon official notice of issuance on each stock exchange or the National Association of Securities Dealers Automated Quotation System upon which the Shares are then listed, or (b) in the opinion of counsel to the Company, such issuance or delivery would cause the Company to be in violation of or to incur liability under any federal, state or other securities law, or any requirement of any listing agreement to which the Company is a party, or any other requirement of law or of any administrative or regulatory body having jurisdiction over the Company.
STOCK EXCHANGE REQUIREMENTS. At all times when the Borrower's shares are quoted on the New York Stock Exchange or any other prime stock exchange acceptable to the Lenders, the Borrower shall comply with all regulatory and listing requirements of such stock exchange.
STOCK EXCHANGE REQUIREMENTS. Notwithstanding any other provision of this Agreement, the rights and obligations of the Corporation shall be subject at all relevant times to the rules, policies, and other requirements and limitations of the stock exchange on which the Common Shares are then listed.
STOCK EXCHANGE REQUIREMENTS. 5.1 The Non-Executive Director shall not deal in any shares or other securities issued by the Company or by any other Group Member:
5.1.1 in contravention of the insider dealing provisions of the Criminal Justice ▇▇▇ ▇▇▇▇; nor
5.1.2 other than in accordance with the Share Dealing Code;
5.2 The Non-Executive Director shall promptly notify to the secretary of the Company:
5.2.1 written particulars of any share transactions relating to the Non-Executive Director or any person connected to the Non-Executive Director which are required by law to be notified to the Company; and
5.2.2 all relevant information relating to the Non-Executive Director or any such connected person which the Company is required to notify to the London Stock Exchange in accordance with or pursuant to the AIM Rules.
5.3 The Non-Executive Director shall, insofar as applicable to his as a result of the Non- Executive Director being a director or employee of the Company, comply with all relevant provisions of:
5.3.1 rules governing any share transactions relating to the Non-Executive Director or any person connected to the Non-Executive Director which are required by law to be notified to the Company;
5.3.2 the AIM Rules; and
5.3.3 the UK Corporate Governance Code as published by the Financial Reporting Council.
STOCK EXCHANGE REQUIREMENTS. APPLICABLE LAWS. Notwithstanding anything to the contrary in this Agreement, the Option may not be exercised and no certificate representing all or any part of the shares issuable hereunder shall be issued or delivered, if (a) such shares have not been admitted to listing upon official notice of issuance on each stock exchange upon which shares of that class are then listed or (b) in the opinion of counsel to the Company, such exercisabilty, issuance or delivery would cause the Company to be in violation of or to incur liability under any federal, state or other securities law, or any requirement of any stock exchange listing agreement to which the Company is a party, or any other requirement or law or of any administrative or regulatory body having jurisdiction over the Company.