Trading Limitations. Upon receipt of the Common Shares upon conversion, the holder of Series A-1 Preference Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 8 contracts
Samples: Exchange Agreement, Settlement Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.)
Trading Limitations. Upon receipt of the Common Shares upon conversion, the holder of Series A-1 Preference Preferred Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 4 contracts
Samples: Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.)
Trading Limitations. Upon receipt of the Common Shares upon conversion, ,the holder of Series A-1 Preference Preferred Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 2 contracts
Samples: Exchange Agreement (NewLead Holdings Ltd.), Exchange Agreement (NewLead Holdings Ltd.)
Trading Limitations. Upon receipt of the Common Shares upon conversion, the holder of Series A-1 Preference Preferred Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 1 contract
Trading Limitations. Upon receipt of the Common Shares upon conversion, the holder Holder of Series A-1 Preference Preferred Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 1 contract
Trading Limitations. Upon receipt of the Common Shares upon conversion, ,the holder of Series A-1 Preference A Preferrred Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 1 contract
Trading Limitations. Upon receipt of the Common Shares upon conversion, ,the holder of Series A-1 Preference Shares agrees, with respect to any sales of such Common Shares, to limit its aggregate trading on any single Trading Day to 20% of the daily trading volume for that day. “Trading Day” means any day on which the Common Shares are traded or quoted on the trading market.
Appears in 1 contract
