Pershing Agreement definition

Pershing Agreement means the Fully Disclosed Clearing Agreement of Pershing Division of Donaldson, Lufkin & Jenrette Securities Corporation, dated Aprix 00, 0002, xx xxx amxxx Xxxxhing and Siebert.
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Pershing Agreement means, collectively, (i) the Fully Disclosed Clearing Agreement dated May 11, 2006, between the Banco de Chile New York Branch and Pershing LLC governing clearing brokerage services provided by Pershing to Customers of the New York Branch and (ii) the Master Agreement dated December 9, 2003, between Banco de Chile New York Branch and Pershing LLC and the specifically related agreements, but, solely for the avoidance of doubt, excluding the Banchile Pershing Agreement.
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Pershing Agreement means the Amended and Restated Stock Purchase Agreement, effective as of March 31, 2010, between GGP and PCM, on behalf of itself and each of the Pershing Purchasers.
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Examples of Pershing Agreement in a sentence

  • No election by the Company pursuant to Section 1.4 shall be made unless the Company is making a similar election under the Pershing Agreement, such that each of the aggregate number of Shares required to be purchased at Closing is allocated as among each Purchaser and among each of the Pershing Purchasers under the Pershing Agreement in accordance with the applicable GGP Pro Rata Share.

  • To the extent that any Investor engages in discussions with the Company in connection with the transactions contemplated by the Pershing Agreement (including the GGO Share Distribution), the Investor shall keep the Purchaser reasonably informed of such discussions, subject to such confidentiality arrangements as the Investor may reasonably request and subject to limitations on confidentiality to which the Investor is subject.

  • Subject to satisfaction of the conditions set forth in Section 10 and Section 11, the Investors agree to designate the Purchaser to purchase in their place at the Closing, and the Purchaser agrees to subscribe for and purchase directly from GGO at the Closing, 100,191 GGO Shares (the “Blackstone GGO Shares” and together with the Blackstone Shares, the “Blackstone Securities”) for the purchase consideration and on the terms described in the Pershing Agreement.

  • The Pershing Agreement provides that it will terminate if a “Third Party Transaction Proposal” – a public proposal by a bidder other than Valeant – is made, and Valeant does not match or exceed that proposal within 45 days.

  • In the Pershing Agreement, Defendants specifically claimed to be “co-bidders” in connection with a potential Allergan transaction—likely in order to support an argument that they were all the same “person” for purposes of the insider trading rules.

  • The Pershing Agreement also gives Valeant unilateral discretion to21COMPLAINT; JURY TRIAL DEMAND terminate the contract upon notice to Pershing Square that “it is not interested in consummating” a transaction with Allergan.

  • The parties agree that prior to an election by the Investors to purchase Bridge Securities from the Company as contemplated by clause (vi) of Section 6.9(a) of the Pershing Agreement and Section 6.9(b) of the Pershing Agreement, the Investors and the Purchaser shall work together in good faith to minimize the costs to the Investors and the Purchaser of the Bridge Securities, provided that no failure to actually minimize such costs shall affect the Purchaser’s obligations hereunder.

  • The terms of the Pershing Agreement, the parties’ subsequent actions, and the economics of this attempted takeover make clear that they were not acting as a single “offering person” at the time of Pershing Square’s trades.

  • Subject to the satisfaction of the conditions in Section 10, in connection with an offering of new bonds, loans or preferred stock contemplated by Section 6.9(c) of the Pershing Agreement (“Backstop Investments”), if the Investors provide a backstop for such Backstop Investments, the Purchaser agrees at the request of the Investors to reimburse the Investors for 7.634% of the out-of-pocket cost to the Investors of providing or arranging for a backstop for the Backstop Investments.

  • Under the Pershing Agreement, Pershing Square retains the authority to act for its own account – even in contravention of Valeant’s interests.


More Definitions of Pershing Agreement

Pershing Agreement means that certain Stock Purchase Agreement, dated as of March 31, 2010, as amended, between GGP and Pershing Square Capital Management, L.P. on behalf of Pershing Square, L.P., Pershing Square II, L.P., Pershing Square International, Ltd. and Pershing Square International V, Ltd. (together, “Pershing”).
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Pershing Agreement shall have the meaning ascribed thereto in Section 3.01(c).
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Related to Pershing Agreement

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Listing Agreement means an agreement that is to be entered into between a recognised stock exchange and the Company pursuant to Securities and Exchange Board (Listing Obligations and Disclosure Requirements), 2015

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Member Agreement means collectively the Membership and Account Agreement and any other account information provided to you by us from time to time.

  • Factoring Agreement means an agreement by and between a Borrower or a Subsidiary of a Borrower and a Factoring Company pursuant to which a Borrower or such Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Merchant Agreement means a writ- ten contract between a merchant and an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a char- itable contribution.

  • Restriction Agreement means the agreement setting forth the terms of an Award, and executed by a Grantee as provided in Section 7.1 hereof.

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Seller's Agreement An agreement for the origination and sale of Mortgage Loans generally in the form of the Seller Contract referred to or contained in the Program Guide, or in such other form as has been approved by the Master Servicer and the Company, each containing representations and warranties in respect of one or more Mortgage Loans consistent in all material respects with those set forth in the Program Guide.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Underlying Agreement means an agreement that is an underlying agreement for the purposes of paragraph 48 or Schedule 6 to the Act.

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.