Prohibited Securities definition

Prohibited Securities means the Securities6 of a Market Participant that has been active in the ISO Administered Markets in the preceeding twelve months or the Securities of its Affiliates, in either case, if:
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Prohibited Securities means the Securities of a Member, Eligible Customer, or Nonincumbent Developer, or their Affiliates, if:
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Prohibited Securities. As defined in Section 5.01(a).
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Examples of Prohibited Securities in a sentence

  • Except as provided in Section 12.8.1, if an ISO Employee or his/her immediate family member owns, controls or has the power to vote Prohibited Securities, the ISO Employee or his/her immediate family member must, within the timeframe set forth below, either (i) divest the Prohibited Securities or (ii) transfer the Prohibited Securities to a single blind trust if they qualify for this option unless material hardship would result.

  • For purposes hereof, a Restricted Transaction shall mean: • acquiring ownership, directly or indirectly, in any security issued in an initial public offering or a limited offering or private placement (each as defined below), including any interest in a hedge fund • transfers of interest in private placements sponsored by the Companies, other than transfers for estate planning purposes or that are court-mandated • transactions involving Prohibited Securities (as defined in Exhibit VIII).

  • The following Covered Securities Transactions are exempt from the prohibited transaction restrictions that are set forth in Section IV.C.2. (Generally Prohibited Securities Transactions).

  • Prohibited Securities shall qualify for a blind trust if: (1) the publicly traded company’s NAICS code is not within the “Electric Power Generation, Transmission, and Distribution” industry group, and (2) the total activity in the ISO Administered Markets (purchases and sales) for all Market Participants affiliated with the publicly traded companyduring its most recently completed fiscal year is less than 0.5% of its gross revenues for the same time period.

  • In addition, on an annual basis, each Covered Person must confirm the amount of Prohibited Securities which such person and his/her Related Persons beneficially own.

  • Each Covered Person shall submit to the Compliance Officer a report of every securities transaction in Prohibited Securities in which he or she and any of such Covered Person's Related Persons have participated as soon as practicable following the transaction and in any event not later than the fifth day after the end of the month in which the transaction occurred.

  • The following securities transactions are exempt from the Prohibited Securities Transactions limitations.

  • The Securities Transfer Agent promptly shall sell the Prohibited Securities to one or more buyers.

  • All investment transactions in Prohibited Securities in which a Covered Person has or will acquire a Beneficial Ownership interest must be precleared by a Compliance Officer.

  • Accordingly, two categories of securities have been identified: (i) Permitted Securities and (ii) Prohibited Securities.


More Definitions of Prohibited Securities

Prohibited Securities means a mortgage or charge over Resorts and/or Apartments or any one or more of them;
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Prohibited Securities means any and all securities other than Permitted Securities.
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Prohibited Securities means the Securities (as defined below) of a Publicly-Traded Market Participant (also as defined below), if:
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Prohibited Securities means the securities of any Media or Common Carrier Company.
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Prohibited Securities meansFinancial interests refer to the ownership of the Securities1 of a Market Participants that has been active in the ISO Administered Markets in the preceeding twelve months or the Securities of its their Affiliates, in either case, if:
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Related to Prohibited Securities

  • Permitted Securities means any of the following:

  • Restricted Securities means the securities of the Company required to be notated with the legend set forth in Subsection 2.12(b) hereof.

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for, or convertible into, Shares.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

  • Subject Securities means: (i) all securities of the Company (including all shares of Company Common Stock and all options, warrants and other rights to acquire shares of Company Common Stock) Owned by Stockholder as of the date of this Agreement; and (ii) all additional securities of the Company (including all additional shares of Company Common Stock and all additional options, warrants and other rights to acquire shares of Company Common Stock) of which Stockholder acquires Ownership during the period from the date of this Agreement through the Expiration Date.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.