Free Sale Period definition

Free Sale Period means a period of three months (or such longer period of time, not in excess of one year, required to obtain any regulatory approvals, consents or other actions necessary to consummate a sale to a Third Party Purchaser which has agreed in writing (subject to such regulatory approvals, consents or actions and other reasonable closing conditions) to purchase Capital Securities on or prior to the end of such three-month period), during which the Company or the Bank, as applicable, shall be permitted to issue the Capital Securities which were proposed to be issued pursuant to a Notice or Alteration Notice to a Third Party Purchaser on terms no more favorable to the Third Party Purchaser than those set forth in such Notice or Alteration Notice, as the case may be.
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Free Sale Period shall have the meaning as ascribed to it in Clause 15.3.6.
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Free Sale Period is defined in Article 13.3.
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Examples of Free Sale Period in a sentence

  • If any proposed Transfer is not consummated within the Free Sale Period, the Selling Shareholders proposing the Transfer may not sell any Selling Shareholder Shares without complying a new with the provisions of this Article 17.

  • This Agreement contains the entire agreement between the parties hereto with respect to the matters contemplated herein and supersedes all prior agreements or understandings 13 among the parties related to such matters.

  • Any Consideration Shares that are not sold by the Holder during the Free Sale Period shall thereafter not be sold at a price below the then-current Guaranteed Amount without the Holder again delivering to OpenTV a ROFO Notice and complying with the other requirements of this Section 2.03.

  • If necessary, the Acceptance period and/or the Free Sale Period referred to in Section 14.1 above shall be extended until such Government Approval has been obtained or officially and finally denied, provided that the party seeking to extend such Acceptance Period shall have used its reasonable efforts in soliciting such Government Approval.

  • Regional officials explained that the system had come on line after the start of the fiscal year.

  • Any Registered Shares that are not sold by the Seller Parties and Tag-Along Sellers during the Free Sale Period shall thereafter not be Transferred (other than to a Permitted Affiliate) by any of them without the Seller Parties and Tag-Along Sellers again delivering to Liberty a ROFR Notice and complying with the other requirements of Section 4(a).

  • If the Transferring Party does not Transfer the Subject Shares to the proposed transferee in accordance with the terms established in this Section 10.3 and within the Free Sale Period, then the Transfer of the Subject Shares shall automatically become subject again to the terms of this Section 10.3 as if the Subject Shares had never before been offered for Transfer.

  • If necessary, the Exercise Period and/or the Free Sale Period referred to in Subsection 9.04(b) and (e) above shall be extended until such Government Approval has been obtained or officially and finally denied.

  • The term of this Agreement shall commence as of the Effective Date and, unless sooner terminated as specifically provided in this Agreement, shall continue in effect on a country-by-country basis until the expiration of all royalty and payment obligations in each country in the Territory.


More Definitions of Free Sale Period

Free Sale Period has the meaning set forth in Section 6.2(d).
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Related to Free Sale Period

  • Sale Period has the meaning set forth in Section 7.1(g)(iii).

  • Resale Period shall have the meaning assigned thereto in Section 2(a) hereof.

  • Free Period means any Period other than the Prohibited Period.

  • Acquisition Period means the period ending five (5) business days prior to

  • Selling Period means the period of one to twenty consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Issuance Notice) following the Trading Day on which an Issuance Notice is delivered or deemed to be delivered pursuant to Section 2.03(b) hereof.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Pre-Distribution Period means any Taxable period (or portion thereof) ending on or before the Distribution Date.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Free look period means the period of time during which a borrower may cancel a guaranteed asset protection waiver without penalty, fees, or costs to the borrower. A free look period must begin on the effective date of the guaranteed asset protection waiver, and the term of a free look period must be at least 30 days.

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Billing cycle or billing period means the period for which regular electricity bills as specified by the Commission, are prepared for different categories of consumers by the licensee;

  • Earn-Out Period has the meaning set forth in Section 2.3(a).

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Marketing Period means fifteen (15) consecutive Business Days after the date on which both the Required Marigold Vote and Required Montage Vote have been received (a) commencing on the date Montage shall have received the Required Financial Information, all of which is Compliant, provided, that, if Marigold shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Montage a written notice to that effect (stating when it believes it has completed such delivery), in which case Marigold shall be deemed to have complied with its obligation to provide the Required Financial Information on the date of delivery of such notice, unless Montage in good faith reasonably believes Marigold has not completed the delivery of the Required Financial Information and within three (3) Business Days after the delivery of such notice by Marigold, delivers a written notice to Marigold to that effect (stating with specificity which Required Financial Information Marigold has not delivered), and (b) throughout which nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 7.1 and Section 7.2 to fail to be satisfied, assuming the Closing were to be scheduled for any time during such fifteen (15) Business Day period; provided, however, that (i) the Marketing Period shall end on any earlier date on which the Transaction Financing is consummated and Montage shall have obtained all of the proceeds contemplated thereby, (ii) the Marketing Period shall not be deemed to have commenced if, prior to the completion of such fifteen (15) Business Day period, (A) Deloitte & Touche LLP shall have withdrawn its audit opinion with respect to any year end audited financial statements set forth in the Required Financial Information, in which case the Marketing Period shall be deemed not to commence unless and until a new unqualified audit opinion is issued with respect to such year end audited financial statements by Deloitte & Touche LLP or another independent registered accounting firm reasonably acceptable to Montage, (B) Marigold shall have publicly announced, or the Marigold Board shall have determined, that a restatement of any material financial information included in the Required Financial Information is required, in which case the Marketing Period shall be deemed not to commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended to reflect such restatement or Marigold has determined that no restatement shall be required or (C) the Required Financial Information is not Compliant (it being understood, for the avoidance of doubt, that if at any time during the Marketing Period the Required Financial Information provided on the first day of the Marketing Period ceases to be Compliant, then the Marketing Period shall be deemed not to have commenced) and (iii) (x) November 25, 2016 shall not be deemed to be a Business Day for purposes of calculating such fifteen (15) consecutive Business Days period and (y) such period (1) shall commence no earlier than January 4, 2016, (2) shall either have been completed prior to August 19, 2016 or shall not commence until September 7, 2016 and (3) shall either have been completed prior to December 21, 2016 or shall not commence until January 2, 2017.

  • Sell-Off Period has the meaning set forth in Section 11.6(a) hereof.

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

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Pre-Closing Taxable Period means any taxable period ending on or before the Closing Date.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year (or other period, or portion thereof, in the case of a Tax imposed with respect to such other period, e.g., a quarter) with respect to which any Tax may be imposed under any applicable Law.

  • Normal distribution channel means a chain of custody for