Being Considered for Purchase or Sale definition

Being Considered for Purchase or Sale means, with respect to any security, that a recommendation to purchase or sell such security has been made and communicated or, with respect to the person making the recommendation, such person seriously considers making such recommendation.

Being Considered for Purchase or Sale means when a security for which a recommendation to purchase or sell has been made and communicated; and with respect to the Advisory Person making the recommendation, when such person seriously considers making such a recommendation.

Being Considered for Purchase or Sale as to a Covered Security means when a recommendation to purchase or sell such Covered Security has been made and communicated.

Examples of Being Considered for Purchase or Sale in a sentence

• No Covered Person shall engage in a Personal Securities Transaction that involves the purchase or sale of any Reportable Security when, at the time of such purchase or sale, the Covered Person knew or should have known, that the same class of security is the subject of an open buy or sell order for a Client Account or is Being Considered for Purchase or Sale by a Client Account.

• Until or unless disclosed publicly, all information concerning Securities Being Considered for Purchase or Sale will be kept confidential.

• A Disinterested Director need only report a transaction if, at the time of a Personal Securities Trade in a Reportable Security, the Disinterested Director knew, or, in the ordinary course of fulfilling his or her duties as a director, should have known that during the fifteen (15) day period immediately preceding or after the date of the transaction, their OFS Fund purchased or sold the Security or the Security was Being Considered for Purchase or Sale by their OFS Fund or OFS Adviser.

• No Access Person shall purchase or sell, directly or indirectly or for any account over which an Access Person has discretion, any, in which he or she has, or by reason of such transaction acquires, any direct or indirect Beneficial Ownership and which he or she knows or should have known at the time of such purchase or sale (i) is Being Considered for Purchase or Sale by an ING Fund or Managed Account; or (ii) is being purchased or sold by an ING Fund or Managed Account.

• Until disclosed in a public report to shareholders or to the SEC in the normal course, all information concerning Securities "Being Considered for Purchase or Sale" by any Advisory Client shall be kept confidential by all Employees and disclosed by them only on a need to know basis in accordance with Policy Governing Dissemination of Fund Portfolio Holdings or any other related policies adopted by OFI from time to time.

More Definitions of Being Considered for Purchase or Sale

Being Considered for Purchase or Sale means, with respect to a security, when a recommendation to purchase or sell that security has been communicated and, with respect to the person making the recommendation, when that person seriously considers making the recommendation.

Being Considered for Purchase or Sale means a security is being considered for purchase or sale when a recommendation to purchase or sell a security has been made and communicated or, with respect to the person making the recommendation, when such person decides to make the recommendation.

Being Considered for Purchase or Sale means, with respect to a security, any security eligible for Galliard clients’ portfolios for which a security file has been established and/or the issuer is in the corporate issuer data base.

Being Considered for Purchase or Sale means a portfolio manager has indicated his or her intention to purchase or sell or an open order in the security exists on the trading desk.

Being Considered for Purchase or Sale means, with respect to a security, when a recommendation to purchase or sell that security has been communicated and, with respect to the person making the recommendation, when that person seriously considers making the recommendation.(c) “Security” means a security, as defined in Section 2(a)(36) of the Investment Company Act of 1940 (the “Act”) and set forth below:

Being Considered for Purchase or Sale as to a Security means when a recommendation to purchase or sell such Security has been made and communicated.

Being Considered for Purchase or Sale means, with respect to any security, that a recommendation to purchase or sell the security has been made and communicated or, with respect to the person making the recommendation, that this person seriously considers making this recommendation.