Exchange Listing definition

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange (including through an initial public offering).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Exchange Listing means a listing of a Borrower’s Common Shares on a national securities exchange.

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange (including through an initial public offering) or a sale of all or substantially all of our assets to, or a merger or other liquidity transaction with, an entity in which the Trust’s Shareholders receive shares of a publicly traded company which continues to be managed by the Adviser or an affiliate thereof.

Examples of Exchange Listing in a sentence

• After an Exchange Listing (if any), the Trust may be dissolved by the affirmative vote or consent of at least a majority of the Trustees and seventy-five percent (75%) of the Continuing Trustees, without the vote of the Shareholders.

• Shareholders shall have no power to vote on any matter except matters on which a vote of Shareholders is required by the 1940 Act, this Declaration or resolution of the Trustees or, after an Exchange Listing (if any), by any applicable stock exchange.

• Prior to an Exchange Listing (if any), unless otherwise determined by the Trustees, prospective Shareholders will make a Capital Commitment pursuant to one or more subscription agreements entered into with the Trust, pursuant to which Shareholders agree to contribute capital to the Trust in exchange for Shares.

• If, at any time, the continued service of a committee member designated by the Principal Stockholder would cause the Corporation to violate any applicable law or Applicable Exchange Listing Standard, including any applicable general and heightened independence requirements and subject to any such exceptions referred to in the immediately prior sentence, the Principal Stockholder shall use its best efforts to obtain the resignation of such nominee from the applicable committee.

More Definitions of Exchange Listing

Exchange Listing shall have the meaning given to such term in the Subscription Agreements.

Exchange Listing means the quotation or listing of the Trust’s securities on a national securities exchange.

Exchange Listing has the meaning given to that term in the applicable Governing Agreement of the Borrower.

Exchange Listing and “Listing” shall mean the listing of the Common Shares (or any successor thereof) on a national securities exchange or national securities association registered with the Commission or the receipt by the Shareholders of Securities that are approved for trading on a national securities exchange or national securities association registered with the Commission in exchange for the Common Shares. The term “Listed” shall have the correlative meaning. With regard to the Common Shares, upon commencement of trading of the Common Shares on a national securities exchange or national securities association registered with the Commission, the Common Shares shall be deemed Listed.

Exchange Listing means a quotation or listing of the Company’s securities on a stock exchange, including through an initial public offering.

Exchange Listing means the listing of the Common Shares on an Exchange;

Exchange Listing means a quotation or listing of the Company’s securities on a national securities exchange (including through an initial public offering) or a sale of all or substantially all of its assets to, or a merger or other liquidity transaction with, an entity in which the Company’s shareholders receive shares of a publicly-traded company which continues to be managed by GSO Asset Management LLC or an affiliate thereof.