Free Trading definition

Free Trading means that (a) the Exchange Shares have been cleared and approved for public resale by the compliance departments of Lender’s brokerage firm and the clearing firm servicing such brokerage, and (b) such shares are held in the name of the clearing firm servicing Lender’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Lender.
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Free Trading means that (a) the shares or certificate(s) representing the applicable shares of Common Stock have been cleared and approved for public resale by the compliance departments of Lender’s brokerage firm and the clearing firm servicing such brokerage, and (b) such shares are held in the name of the clearing firm servicing Lender’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Lender.
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Free Trading means that (i) the certificate representing the applicable shares of Common Stock has been cleared and approved for public resale by the compliance departments of Holder’s brokerage firm and the clearing firm servicing such brokerage, and (ii) such shares are held in the name of the clearing firm servicing Holder’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Holder.
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Examples of Free Trading in a sentence

  • Bxxxxxxx agrees to provide all necessary cooperation or assistance that may be required to cause all Exchange Shares delivered hereunder to become Free Trading (the first date on which all Exchange Shares become Free Trading, the “Free Trading Date”).

  • On the Free Trading Date, the Partitioned Note shall be cancelled and all obligations of Borrower under the Partitioned Note shall be deemed fulfilled.

  • Pursuant to the terms and conditions of this Agreement, the Exchange Shares shall be delivered to Lender on or before July 23, 2024 and the Exchange shall occur with Lxxxxx surrendering the Partitioned Note to Borrower on the Free Trading Date (as defined below).

  • Pursuant to the terms and conditions of this Agreement, the Exchange Shares shall be delivered to Lender on or before August 12, 2024 and the Exchange shall occur with Lxxxxx surrendering the Partitioned Note to Borrower on the Free Trading Date (as defined below).

  • Pursuant to the terms and conditions of this Agreement, the Exchange Shares shall be delivered to Lender on or before August 19, 2024 and the Exchange shall occur with Lxxxxx surrendering the Partitioned Note to Borrower on the Free Trading Date (as defined below).

  • Pursuant to the terms and conditions of this Agreement, the Exchange Shares shall be delivered to Lender on or before August 14, 2024 and the Exchange shall occur with Lxxxxx surrendering the Partitioned Note to Borrower on the Free Trading Date (as defined below).

  • Pursuant to the terms and conditions of this Agreement, the Exchange Shares shall be delivered to Lender on or before June 27, 2024 and the Exchange shall occur with Lxxxxx surrendering the Partitioned Note to Borrower on the Free Trading Date (as defined below).


More Definitions of Free Trading

Free Trading means that (i) Conversion Shares consist of Common Stock and are freely tradable by non-affiliates of the Company (subject only to the volume limitations imposed by Rule 144 under the Securities Act of 1933) and (ii) over a period of ten consecutive trading days immediately prior to the Mandatory Conversion Date (as defined in Section 5.2 hereof) the Common Stock has had (A) an average closing price not less than the Conversion Price then in effect and (B) average daily trading volume of not less than 50,000 shares.
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Free Trading means that (a) the Exchange Shares have been cleared and approved for public resale by the compliance departments of Lender’s brokerage firm and the clearing firm servicing such brokerage, and (b) such shares are held in the name of the clearing firm servicing Lender’s brokerage firm and have been deposited into such clearing firm’s account for the benefit of Lender. By written notice to Borrower, Lender may increase, decrease or waive the Maximum Percentage as to itself but any such waiver will not be effective until the 61st day after delivery thereof. The foregoing 61-day notice requirement is enforceable, unconditional and non-waivable and shall apply to all affiliates and assigns of Lender.
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Free Trading means that (a) the shares or certificate(s) representing the applicable shares of Common Stock are available for resale pursuant to the applicable federal and state securities laws.
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Related to Free Trading

  • Free Trade Date means, with respect to any Note, the date that is one (1) year after the Last Original Issue Date of such Note.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • First Trading Date means 15 November 2022.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • VWAP Trading Day means a Business Day.

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time

  • Trading Market means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).