Market Sale definition

Market Sale means a "brokers' transaction" within the meaning of Section 4(4) of the Securities Act.

Market Sale means a sale of shares of Class A Common Stock obtained upon conversion of Shares in an open market sale pursuant to an exemption from the registration requirements of the Securities Act, including a sale pursuant to Rule 144 of the Securities Act.

Market Sale means a sale for the most probable price in cash, terms equivalent to cash, or in other precisely revealed terms, for which the real property will sell in a competitive and open market under all conditions requisite to a fair sale with the buyer and seller each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus. It includes the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (A) the buyer and seller are typically motivated, (B) both parties are well informed or well advised, and acting in what they consider their best interest, (C) a reasonable time is allowed for exposure in the open market, (D) payment is made in United States’ currency or in terms of financial arrangements comparable thereto, and (E) the price

Examples of Market Sale in a sentence

• See “Transfers; No Secondary Market; Sale of the Deposit to the Bank”.

• The Notice for a Market Sale shall state the expected date of the proposed sale and the number of Shares to be sold.

• Each Market Sale Seller and the purchasing Market Sale Offerees will use all reasonable efforts to cooperate with each other or with a third party to promptly make all filings, give all notices and secure all consents, approvals and waivers that may be required in connection with the purchase and sale of the Market Shares.

• If such Market Sale Shares are not sold prior to the Market Sale Expiration Date, all rights to sell such Market Sale Shares pursuant to such Market Sale, without making another offer to the Market Sale Offerees pursuant to this Section 5.3, will terminate and the provisions of this Section 5.3 will continue to apply to any proposed Market Sale (other than an Exempted Sale) in the future.

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More Definitions of Market Sale

Market Sale means a sale of Shares on a stock exchange, including any sale of Shares undertaken:

Market Sale means a sale of capital stock of the Corporation by the MAC Trusts pursuant to and in accordance with Section 2.2(a) of the Registration Agreement.

Market Sale means a proposed transfer of shares of Common Stock pursuant to which the shares are to be sold in the public market at the prevailing market price so that the price cannot be determined at the time of the Transferor's Notice. The date of determination for the Market Price shall be the date of the Transferor's Notice for such Market Sale.

Market Sale means any sale, transfer or other disposition of Securities in (i) a “brokers’ transaction” (as defined in Rule 144 but excluding clause (4) of such definition for purposes hereof), or (ii) a Public Sale using a broker and where clauses (1) and (3) of such definition of “brokers’ transaction” would be satisfied notwithstanding that such transaction constitutes a Public Sale, in each case, occurring on an exchange or other recognized market (the “Market”) where the average daily volume of the Company’s stock over the four week period preceding such transfer or other disposition has been at least 50,000 shares; provided, however, that any sale, transfer or other disposition of Securities made pursuant to Rule 144 shall not be deemed to be a “Market Sale.”

Market Sale means any sale which takes place on the market or which is otherwise authorised by the General Manager;

Market Sale has the meaning set forth in Section 1.2(e).

Market Sale is defined in Section 6(e) of this Agreement.