First Restricted Period definition

First Restricted Period has the meaning set forth in Section 5.1(b)(i).
First Restricted Period means the period from and including the First Restricted Date to and including the date prior to the Restricted Period Termination Date.
First Restricted Period shall have the meaning described in Section 4.1.

Examples of First Restricted Period in a sentence

  • Each Seller agrees and acknowledges that the covenants in this Section 5.1 are reasonable and valid in all respects (including with respect to the subject matter, the First Restricted Period, the Second Restricted Period, and geographical area) and are necessary to protect the interests of Buyer in the Products, the Compound, the other Purchased Assets and the Confidential Information, and such covenants represent only a limited restraint.

  • For the avoidance of doubt, the provisions described in Paragraphs 3.8.1 and 3.8.2 of this Letter to Shareholders shall not apply (a) following the effectiveness of the Scheme or, if the Switch Option is validly exercised, following the date the Offer becomes or is declared unconditional in all respects and (b) if no Company Shares or Company Convertible Securities are bought by the Acquiror or any of the Acquiror Affiliates or the Restricted Affiliates during the First Restricted Period.

  • In any case, the Series A Shares and related Underlying Shares shall not be resold to U.S. persons or within the United States during the First Restricted Period, and the Series B Shares and the Series C Shares and related Underlying Shares shall not be resold to U.S. persons or within the United States during the Second Restricted Period, and in each case as otherwise restricted herein with respect to the limitations on converting the Shares to the Underlying Shares, as set forth in Section 2.5 below.

  • NZA, after 1 April 2022, continues to have the power (through the Escrow Deed) to control the acquisition and disposition of 18,823,500 Escrowed Shares, being the Escrowed Shares minus the shares that may be sold or otherwise disposed of during the First Restricted Period, Second Restricted Period and the Third Restricted Period.

  • Neither AIG nor any Investor shall Transfer any Original Common Shares (x) until the date that is the six (6) month anniversary of the Closing Date (such date, the “ First Restricted Period Termination Date”); and (y) in excess of one-half (1/2) of the Original Common Shares until the date that is the twelve month (12) month anniversary of the Closing Date, in each case, other than Permitted Transfers.

  • Each Open Sky Seller has also agreed that he/she: (i) will not, without the prior written consent of Numis and the Company, dispose of any Ordinary Shares held by him/her (including Open Sky Consideration Shares) in the 12 month period following Admission (“First Restricted Period”); and (ii) will only dispose of Ordinary Shares in the 12 month period following the end of the First Restricted Period through the Company’s broker and in such orderly manner as the Company’s broker shall determine.

  • The Company shall prepare and file and use reasonable best efforts to cause to be declared effective or otherwise become effective pursuant to the Securities Act, no later than the date that is five (5) Business Days before the First Restricted Period Termination Date (the “ Registration Date”), a Shelf Registration Statement in order to provide for resales of all Registrable Securities to be made on a delayed or continuous basis pursuant to Rule 415 under the Securities Act.

  • In addition, the Depositary also has a regulatory duty when providing the Services to act solely in the interests of Shareholders and the Company (including its Sub-funds).

  • Purchaser shall not engage in any activity for the purpose of, or which may reasonably be expected to have the effect of, conditioning the market in the United States for the Shares or the Company's Common Stock, $.001 par value ("Common Stock"), or, during the First Restricted Period or the Second Restricted Period, as the case may be, offer or sell any of the Shares or any Underlying Shares in the United States to or for the benefit or account of a U.S. Person.

  • The Sat Internet Seller has also agreed that it: (i) will not, without the prior written consent of Numis and the Company, dispose of any Ordinary Shares held by it (including Sat Internet Consideration Shares) in the First Restricted Period; and (ii) will only dispose of Ordinary Shares in the 12 month period following the end of the First Restricted Period through the Company’s broker and in such orderly manner as the Company’s broker shall determine.


More Definitions of First Restricted Period

First Restricted Period has the meaning given to it in Clause 8.1; Fortune Happy has the meaning given to it in Schedule 6 paragraph 6; GEM means the Growth Enterprise Market;
First Restricted Period means the period commencing on the Closing Date and ending on the day that is 182 days after the Closing Date.
First Restricted Period shall have the meaning set forth in Section 2.10(b).
First Restricted Period means the period commencing on Closing and expiring on the date falling six months after Closing (both dates inclusive);

Related to First Restricted Period

  • Restricted Period means the 40-day distribution compliance period as defined in Regulation S.

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.

  • Least restrictive alternative means the treatment and conditions of treatment which, separately and in combination, are no more intrusive or restrictive of freedom than reasonably necessary to achieve a substantial therapeutic benefit to the minor, or to protect the minor or others from physical injury;

  • Payment Restriction shall have the meaning set forth in Section 6.1.

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.

  • Period of Restriction means the period during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of performance, or the occurrence of other events as determined by the Administrator.

  • Restricted Transfer a transfer of Personal Data which is undergoing processing or which is intended to be processed after transfer, to a country or territory to which such transfer is prohibited or subject to any requirement to take additional steps to adequately protect the Personal Data processed under this Agreement for the transfer to be lawful under the Data Protection Legislation;

  • Registration Period shall have the meaning specified in Section 5(C), below.

  • Exchange Period shall have the meaning set forth in Section 2(a) hereof.

  • Restricted Transaction means any of the following transactions or transmit- tals involving any credit, funds, instru- ment, or proceeds that the Act pro- hibits any person engaged in the busi- ness of betting or wagering (which does not include the activities of a financial transaction provider, or any inter- active computer service or tele- communications service) from know- ingly accepting, in connection with the participation of another person in un- lawful Internet gambling—

  • Company Restricted Shares means shares of Company Common Stock granted under a Company Equity Plan, or issued upon “early exercise” of an option granted under a Company Equity Plan, that remain subject to one or more unsatisfied vesting or vesting-equivalent forfeiture or repurchase conditions.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Founder Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier to occur of (A) one year after the completion of the Company’s initial Business Combination or earlier if, subsequent to the Company’s initial Business Combination, the last sales price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (B) the consummation by the Company of any subsequent liquidation, merger, stock exchange or other similar transaction, which results in all of the Company’s stockholders having the right to exchange their shares of the Common Stock for cash, securities or other property.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Private Placement Lock-up Period means, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants or their Permitted Transferees, and any of the Ordinary Shares issued or issuable upon the exercise or conversion of the Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees, the period ending 30 days after the completion of the Company’s initial Business Combination.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.