Eligible Stocks shall include any common or preferred stock which (i) is not subject to statutory or contractual restrictions on sales, (ii) is traded on a U.S. national stock exchange or included in the National Market tier of NASDAQ and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Fifteen Dollars ($15).
Eligible Stocks includes any common or preferred stock which (i) is not control or restricted stock under Rule 144 of the General Rules and Regulations promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended, or subject to any other regulatory or contractual restrictions on sales, (ii) is traded on a U. S. national stock exchange, including NASDAQ, with a liquidity on such exchange for such stock acceptable to the Lender and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Ten Dollars ($10).
Eligible Stocks includes any common or preferred stock which (i) is not control or restricted stock under Rule 144 of the General Rules and Regulations promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended, or subject to any other regulatory or contractual restrictions on sales, (ii) is traded on a U.S. national stock exchange, including NASDAQ, with a liquidity on such exchange for such stock acceptable to Lender and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Fifteen Dollars ($15).
Examples of Eligible Stocks in a sentence
Recalling of Eligible Stocks - When a stock is recalled from the scope of eligible stocks for trading via Shanghai-Hong Kong Stock Connect, the stock can only be sold but is restricted from being bought.
Northbound trading is only limited to shares being included in the Lists of Eligible Stocks for Northbound Trading (the “Lists”), and the Lists might vary from time to time.
However, Bursa Malaysia will retain discretion on Eligible Stocks for market making and will have in place a mechanism (i.e. in approving the allocation of chosen stocks vis a vis the registered market makers) to minimise concerns/risks of over-concentration of large quotes in certain stocks.
A PMMP market maker may also carry out market making for more than one (1) PMMP Eligible Stocks in a particular CDS account or a trading account.
The rules governing the market-making activities of market makers are in Chapter 4 of the Rules of Bursa Malaysia Securities Berhad, Directives in relation to Market Makers and Derivatives Specialist (No. 4-001) and Directives in relation to Pilot Market Making Programme for Eligible Stocks (No. 4-002) (collectively referred to as the “ BMS Rules and Directives”).
More Definitions of Eligible Stocks
Eligible Stocks means any common or preferred stock which (i) is not subject to statutory or contractual restrictions and is freely saleable on the public market, or (ii) is traded on the New York Stock Exchange, American Stock Exchange, or included in the National Market tier of NASDAQ. On a quarterly basis and as part of the delivery of quarterly financial statements as required in Section 5.1, Borrower or Guarantor, as applicable, shall provide Lender a certification on behalf of such party that such party is in compliance with the Liquid Assets Covenant set forth herein in form reasonably acceptable to Lender.
Eligible Stocks includes any common or preferred stock which (i) is not control or restricted stock under Rule 144 of the General Rules and Regulations promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended, or subject to any other regulatory or contractual restrictions on sales, (ii) is traded on a U. S. national stock exchange, including NASDAQ, with a liquidity on such exchange for such stock acceptable to Lender and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Five Dollars ($5).
Eligible Stocks shall include any common or preferred stock which is traded on a U.S. national stock exchange or included in the National Market tier of NASDAQ and which (i) is issued by a company with a market capitalization, as of the close of the most recent trading day, of at least One Billion Dollars ($1,000,000,000), (ii) has, as of the close of the most recent trading day, a per share price of at least Fifteen Dollars ($15), and (iii) is not subject to any restriction or limitation by applicable laws or agreements governing the sale, transfer or other disposition thereof in the public market.
Eligible Stocks shall include any common or preferred stock which (i) is not subject to statutory or contractual restrictions on sales, (ii) is traded on a U. S. national stock exchange or included in the National Market tier of NASDAQ and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Fifteen Dollars ($15). The Borrower will provide the Bank a Form U-1 Purpose Statement, confirming that none of the proceeds of the loan will be used to buy or carry any margin stock.
Eligible Stocks shall include any common or preferred stock which is traded on a U.S. national stock exchange or included in the National Market tier of NASDAQ and which (x) is issued by a company with a market capitalization, as of the close of the most recent trading day, of at least $500,000,000, (y) has, as of the close of the most recent trading day, a per share price of at least $15, and (z) is not subject to any restriction or limitation by applicable laws or agreements governing the sale, transfer or other disposition thereof in the public market.
Eligible Stocks includes any common or preferred stock which (i) is not subject to statutory or contractual restrictions on sales, (ii) is traded on a U. S. national stock exchange or included in the National Market tier of NASDAQ, and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Fifteen Dollars ($15.00). If more than 25% of the value of Unencumbered Liquid Assets is represented by margin stock, the Borrower will, upon the Bank's request, provide the Bank a Form U-1 Purpose Statement confirming that none of the proceeds of the loan will be used to buy or carry any margin stock.
Eligible Stocks includes any common or preferred stock which (i) is not control or restricted stock under Rule 144 of the General Rules and Regulations promulgated by the Securities and Exchange Commission under the Securities Act of 1933, as amended, or subject to any other regulatory or contractual restrictions on sales, (ii) is traded on a U. S. national stock exchange, including NASDAQ, with a liquidity on such exchange for such stock acceptable to Lender and (iii) has, as of the close of trading on the applicable exchange (excluding after hours trading), a per share price of at least Ten Dollars ($10). Schedule 9 FORM OF GUARANTOR COMPLIANCE CERTIFICATE [Guarantor Name] [Guarantor Address] , 20 COMPLIANCE CERTIFICATE Bank of America, N.A., [Address] Re: [Reference Property or Loan] Ladies and Gentlemen: This quarterly compliance certificate (this “Certificate”) is being delivered pursuant to that Term certain Term Loan Agreement dated , 2015, by and among the , (“Borrower”) and Bank of America, N.A. (“Lender”) (as the same may have been or may hereafter be amended, modified, supplemented, restated and replaced from time to time, the “Loan Agreement”) and that certain Guaranty Agreement dated as of , by the undersigned (“Guarantor”) in favor of Lender (as the same may have been or may hereafter be amended, modified, supplemented, restated and replaced from time to time, the “Guaranty Agreement”). All capitalized terms used but not defined in this Certificate shall have the meanings given in the Loan Agreement and Guaranty Agreement, as applicable. This Certificate is being given for the fiscal quarter ending on . Guarantor hereby certifies to Lender as follows: