Common use of Stop Trade Clause in Contracts

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 consecutive days or 10 days during a period of 30 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within 45 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock, or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 3 contracts

Sources: Secured Convertible Term Note (Paincare Holdings Inc), Secured Convertible Term Note (Paincare Holdings Inc), Secured Convertible Term Note (Paincare Holdings Inc)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower T▇▇▇▇▇ Equipment shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 3 contracts

Sources: Secured Convertible Term Note (Maxim Mortgage Corp/), Secured Convertible Minimum Borrowing Note (Maxim Mortgage Corp/), Secured Revolving Note (Maxim Mortgage Corp/)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 five (5) consecutive days or 10 five (5) days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin BoardPink Market, the OTC QB, the OTC QX, NASDAQ SmallCap Capital Market, NASDAQ National Market SystemGlobal Market, American Stock ExchangeNASDAQ Global Select Market, NYSE Amex, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 3 contracts

Sources: Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 five (5) consecutive days or 10 five (5) days during a period of 30 ten (10) consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower Company shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (Exchange, whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock, or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 2 contracts

Sources: Secured Convertible Term Note (Numerex Corp /Pa/), Secured Convertible Term Note (Numerex Corp /Pa/)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive trading days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock, or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 2 contracts

Sources: Convertible Term Note (Inyx Inc), Convertible Term Note (Inyx Inc)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock, or any securities exchange or other securities market on which the Common Stock is then being listed or traded).

Appears in 1 contract

Sources: Secured Convertible Term Note (Micro Component Technology Inc)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 consecutive days or 10 days during a period of 30 20 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower Company shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Catalyst Lighting Group Inc)

Stop Trade. An SEC stop trade order or Principal Market trading ----------- suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower eLinear shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Convertible Minimum Borrowing Note (Elinear Inc)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower ▇▇▇▇▇▇ Equipment shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Thomas Equipment, Inc.)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower HSPR shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Hesperia Holding Inc)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower ▇▇▇▇▇▇ Equipment shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The “Principal Market” for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Thomas Equipment, Inc.)

Stop Trade. An SEC stop trade order or Principal Market trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower ROIE shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Return on Investment Corp)

Stop Trade. An SEC stop trade order or Principal Market ----------- trading suspension of the Common Stock shall be in effect for 10 5 consecutive days or 10 5 days during a period of 30 10 consecutive days, excluding in all cases a suspension of all trading on a Principal Market, provided that the Borrower eLinear shall not have been able to cure such trading suspension within 45 30 days of the notice thereof or list the Common Stock on another Principal Market within 60 days of such notice. The "Principal Market" for the Common Stock shall include the NASD OTC Bulletin Board, NASDAQ SmallCap Market, NASDAQ National Market System, American Stock Exchange, or New York Stock Exchange (whichever of the foregoing is at the time the principal trading exchange or market for the Common Stock), or any securities exchange or other securities market on which the Common Stock is then being listed or traded.

Appears in 1 contract

Sources: Secured Revolving Note (Elinear Inc)