New OTC definition

New OTC is defined in Section 12.1.
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New OTC shall have the meaning set forth in Section 12.1(a).
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New OTC is defined in Section 24.
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Examples of New OTC in a sentence

  • Actions and achievements The Company continued to operate the business of New OTC Market on the basis of expanding the customer coverage, and increased the coverage of innovative SMEs by seizing the historical opportunity resulting from the deepened reform of the multi-level capital market.

  • Pursuant to such documents, New OTC shall have elected a board of directors and New OTC shall have elected and qualified officers authorized to act for New OTC.

  • The calculation of the Variable OTC Commitment for an OTC Participant not previously included in the quarterly recalculation (referred to as New OTC Participant) will be estimated by ASX Clear (Futures).

  • In 2023, another 326 enterprises were listed on the New OTC Market, representing a surge of 23.48% year-on-year.

  • In 2022, the Company, as the chief agency broker of the New OTC Market, submitted applications for listing of 11 companies, of which five companies have been successfully listed and two companies have received listing consent letters.

  • Market conditions In 2022, 268 new enterprises were listed on the New OTC Market, representing a surge of 194.51% year-on- year.

  • For the purposes of those clauses, ‘New Clearing Participant’ is taken to refer to a New OTC Participant, and ‘Variable Commitment’ is taken to refer to Variable OTC Commitment.

  • New OTC shall have received a tax identification number from the Internal Revenue Service.

  • In 2023, the Company, as the chief agency broker of the New OTC Market, completed the listing of seven companies and assisted listed companies in raising RMB561 million through private placement.

  • Through the continuous optimization of its entry mechanism, the New OTC Market’s innovation layer underwent four systematic optimization procedures in 2022, resulting in 557 basic layer enterprises entering the innovation layer.


More Definitions of New OTC

New OTC is defined in Section 22.8.
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Related to New OTC

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Market Seller Offer Cap means a maximum offer price applicable to certain Market Sellers under certain conditions, as determined in accordance with Tariff, Attachment DD. section 6 and Tariff, Attachment M-Appendix, section II.E.

  • Independent Shareholders means holders of outstanding Voting Shares, excluding (i) any Acquiring Person, (ii) any Offeror, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, share purchase plan, deferred profit sharing plan or trust for the benefit of employees of the Corporation or a wholly-owned Subsidiary of the Corporation (unless the beneficiaries of such plan or trust direct the manner in which such Voting Shares are to be voted or direct whether the Voting Shares are to be deposited or tendered to a Take-Over Bid, in which case such plan or trust shall be considered to be an Independent Shareholder).

  • Model 2 seller means a seller registered under the agreement that:

  • Sub-Distributor means any sub-distributor appointed by the Distributor in accordance with the requirements of the Central Bank as a sub-distributor to the Company;

  • Acquirer(s) means the following:

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Market Share means the percent of sales of the total available market in an industry, product line or product attained by the Company or one of its business units during a time period.

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • LEC means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • OGTR means the Office of the Gene Technology Regulator.

  • Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Ownership Share means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated Affiliate of a Person, the greater of (a) such Person’s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary or Unconsolidated Affiliate or (b) such Person’s relative direct and indirect economic interest (calculated as a percentage) in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable provisions of the declaration of trust, articles or certificate of incorporation, articles of organization, partnership agreement, joint venture agreement or other applicable organizational document of such Subsidiary or Unconsolidated Affiliate.

  • Interexchange Carrier (IXC) means a carrier that provides, directly or indirectly, InterLATA or IntraLATA Telephone Toll Services.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Relative Total Shareholder Return means for the Incentive Period the Total Shareholder Return of the Company compared to the Total Shareholder Return of the Peer Group, as more particularly set forth on attached Exhibit C.

  • host distributor means a distributor who is a market participant and who distributes electricity to another distributor who is not a market participant.