Actively Traded definition

Actively Traded means attainment of an average of 20,000 or more shares per business day arm's length trading volume of Common Stock over a period of twenty (20) trading days as reported by the over-the-counter or other established quotation agencies.

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Actively Traded. Status. The Common Stock is an “actively-traded security” excepted from the requirements of Rule 101 of Regulation M under the Exchange Act by Rule 101(c)(1) thereunder.

Actively Traded means that (i) shares of Common Stock worth at least $500,000 trade on the OTC Bulletin Board (or any other national securities exchange or market on which the Common Stock is then listed or traded) in any five consecutive Trading Day period and (ii) there are at least eight (8) market makers actively making a market in the Common Stock.

Examples of Actively Traded in a sentence

• Determination of Fair Market Value of Actively Traded Marathon Equity Securities 35 SECTION 7.04.

• As used herein, "Actively Traded" shall mean that (a) the average value of the shares of Common Stock traded on the OTC Bulletin Board in each week, measured over a four (4) week period, on a rolling basis, equals or exceeds $50,000 and (b) there are no fewer than ten (10) market makers actively making a market in the Common Stock.

• The Common Units are an Actively Traded Security on the date of determination of the offering price of any Units.

• As used herein, "Actively Traded" shall mean that (a) the average value of the shares of Common Stock traded on the OTC Bulletin Board in each week, measured over a four (4) week period, on a rolling basis, equals or exceeds $80,000 and (b) there are no fewer than ten (10) market makers actively making a market in the Common Stock.

• In the event the Common Units become an Actively Traded Security, the Company will notify the Manager of such event as soon as practicable, and deliver to the Manager a certificate (the “Regulation M Certificate”) of the Company signed by its Chief Executive Officer and its Chief Financial Officer, stating that the Company represents, on the date specified in such certificate, that the Common Units are an Actively Traded Security.

• For purposes of this Section 7.03(a), the "Weighted Average ---------------- Price" means the quotient of (1) the product of (x) the number of shares in each ----- trade in such Actively Traded Marathon Equity Securities that occurred during such ten full Trading Day period multiplied by (y) the price at which each such trade occurred, divided by (2) the total number of shares traded in such Actively Traded Marathon Equity Securities that occurred during such ten full Trading Day period.

• II Actively Traded Personal Property No portion of the Purchase Price shall be allocated to Class II Assets.

More Definitions of Actively Traded

Actively Traded means listed on the New York Stock Exchange, the American Stock Exchange or constituting a National Market System security quoted by the National Association of Securities Dealers Automated Quotation market system;

Actively Traded means that (a) the average value of the shares of Common Stock traded on the OTC Bulletin Board in each week measured over a four (4) week period on a rolling basis equals or exceeds $50,000 and (b) there are no fewer than ten (10) market makers actively making a market in the Common Stock. This Debenture is subject to the following additional provisions:

Actively Traded means a security which is frequently bought or sold on a nationally recognized market.

Actively Traded means that (i) no less than twelve (12) market makers are actively making a market in the Common Stock, and (ii) the weekly volume of shares of Common Stock traded is no less than $400,000.

Actively Traded means, on any date of determination, that the average daily trading volume of the Common Stock for the previous three (3) months is greater than 75,000 shares of Common Stock.

Actively Traded means a security which is frequently bought or sold on a nationally recognized market.