Qualified Registrable Securities means at any time (a) shares of New Common Stock purchased by a Holder pursuant to the Equity Commitment Agreement or Syndication Agreement, (b) shares of New Common Stock received pursuant to the exercise of the Collars, or that may be acquired by a Holder pursuant to the Collars, without duplication, and (c) shares of New Common Stock received by a Holder pursuant to the Amended Plan in respect of their bondholder claims, including pursuant to the Rights Offering, and (d) any additional shares of New Common Stock paid, issued or distributed in respect of any shares of the types described in clauses (a), (b) and (c) of this definition by way of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise; provided, however, that as to any Qualified Registrable Securities, such securities shall cease to constitute Qualified Registrable Securities upon the earliest to occur of: (i) the date on which the securities are disposed of pursuant to an effective registration statement under the Securities Act; (ii) the date on which the securities are disposed of pursuant to Rule 144 (or any successor provision) under the Securities Act; and (iii) the date on which the securities cease to be outstanding.
Qualified Registrable Securities means at any time (a) shares of Common Stock purchased by a Holder pursuant to the EPCA, the Principal Additional Investor Agreement or any Additional Investor Agreement or held by an Investor as of the date of this Agreement, and (b) any additional shares of Common Stock paid, issued or distributed in respect of any shares of the types described in clause (a) of this definition by way of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise; provided, however, that as to any Qualified Registrable Securities, such securities shall cease to constitute Qualified Registrable Securities upon the earliest to occur of: (i) the date on which the securities are disposed of pursuant to an effective registration statement under the Securities Act; (ii) the date on which the securities are disposed of pursuant to Rule 144 (or any successor provision) under the Securities Act; and (iii) the date on which the securities cease to be outstanding.
Qualified Registrable Securities means the REIT Shares that the General Partner or the Partnership may elect in their discretion to issue in redemption of Class B Units offered for redemption by a Redeeming Partner (who is then a Class B Unitholder) under Section 7.5(a) of the Agreement. As to any particular Qualified Registrable Securities, once issued, such REIT Shares shall cease to be Qualified Registrable Securities when (a) a registration statement with respect to such REIT Shares shall have become effective under the Securities Act and such REIT Shares shall have been disposed of in accordance with such registration statement, (b) such REIT Shares shall have ceased to be outstanding, (c) such REIT Shares shall have been sold pursuant to Rule 144 (or any successor provision) under the Securities Act or (d) at the time of determination of whether such REIT Shares are Qualified Registrable Securities, such REIT Shares may be sold under Rule 144(K) or otherwise by their owner or holder publicly without registration under the Securities Act.
Examples of Qualified Registrable Securities in a sentence
In connection with any sales of Common Stock pursuant hereto, each Holder shall be deemed to have sold Qualified Registrable Securities prior to any sales of Registrable Securities.
The provisions of this Addendum regarding REIT Shares and Qualified Registrable Securities shall apply to securities of the General Partner or any successor or assign of the General Partner (whether by merger, consolidation, sale of assets or otherwise) that may be issued in respect of, or by reason of any stock dividend, stock split, stock issuance, reverse stock split, combination, recapitalization, reclassification, merger, consolidation or otherwise.
If the Holders participating therein withdraw all Qualified Registrable Securities from the offering, the General Partner may withdraw the registration.
The term “Pro Rata Basis” shall mean a pro rata allocation among the Trust and the Holders participating in such registration, calculated on the basis of (1) the number of Trust Shares the Trust requests to include in such registration and (2) with respect to the Holders participating in such registration, the number of the Qualified Registrable Securities the Holders request to include in such registration.
Upon the occurrence of any of such events, the definitions of Common Equity Securities and Qualified Registrable Securities shall be appropriately modified by the Board of Directors of the Corporation.
More Definitions of Qualified Registrable Securities
Qualified Registrable Securities means any Common Equity Securities of the Company. Any Holder of Qualified Registrable Securities will be deemed to be the Holder of any Common Shares issuable upon the exercise, conversion or exchange of such Qualified Registrable Securities, whether or not such exercise, conversion or exchange is then permitted by the terms of such Common Equity Securities or by applicable statutes, regulations or agreements. Any Qualified Registrable Securities shall cease to be Qualified Registrable Securities whenever (1) a registration statement with respect to such securities becomes effective under the Securities Act and such securities have been disposed of in accordance with such registration statement; (2) such securities have ceased to be outstanding; (3) such securities have been sold pursuant to Rule 144 or Rule 144A under the Securities Act or any successor or similar provisions; or (4) at the time of determination of whether such securities are Qualified Registrable Securities, such securities may be sold by the Holder thereof without registration under the Securities Act and free of contractual restrictions with the Company, including the provisions of Section 9.
Qualified Registrable Securities means any Registrable Securities held by any Holder at any time such Holder is not permitted to sell Registrable Securities under a Registration Statement.
Qualified Registrable Securities shall include the Qualified Registrable Securities transferred to such transferee but only so long as they continue to qualify as Qualified Registrable Securities.
Qualified Registrable Securities in the Addendum shall be deemed amended by replacing the words "Class B Units" with "Class B Units, Series II."
Qualified Registrable Securities means the Ordinary Shares issued or that are issuable to the Selling Shareholders pursuant to the Sale and Purchase Agreement upon conversion of any Convertible Shares. As to any particular Qualified Registrable Securities, once issued, the securities shall cease to be Qualified Registrable Securities when (a) a registration statement with respect to the securities becomes effective under the Securities Act and the securities have been disposed of in accordance with the registration statement, (b) the securities have ceased to be outstanding, (c) the securities have been sold pursuant to Rule 144 or Regulation S (or any successor provisions) under the Securities Act or (d) at the time of determination of whether the securities are Qualified Registrable Securities, the securities may be sold by Selling Shareholder publicly without registration under the Securities Act and free of contractual restrictions with the Corporation.
Qualified Registrable Securities means the Common Stock issued -------------------------------- or that is issuable to the Selling Shareholders pursuant to the Exchange Agreement upon conversion of any CRV Shares. As to any particular Qualified Registrable Securities, once issued, the securities shall cease to be Qualified Registrable Securities when (a) a registration statement with respect to the securities becomes effective under the Securities Act and the securities have been disposed of in accordance with the registration statement, (b) the securities have ceased to be outstanding, (c) the securities have been sold pursuant to Rule 144 or Regulation S (or any successor provisions) under the Securities Act or (d) at the time of determination of whether the securities are Qualified Registrable Securities, the securities may be sold by Selling Shareholder publicly without registration under the Securities Act and free of contractual restrictions with the Corporation.
Qualified Registrable Securities means the shares of Common Stock issuable to Selling Shareholder upon conversion of the Preferred Shares currently held by Selling Shareholder. As to any particular Qualified Registrable Securities, once issued, such securities shall cease to be Qualified Registrable Securities when (a) a registration statement with respect to such securities shall have become effective under the Securities Act and such securities shall have been disposed of in accordance with such registration statement, (b) such securities shall have ceased to be outstanding, (c) such securities shall have been sold pursuant to Rule 144 (or any successor provision) under the Securities Act or (d) at the time of determination of whether such securities are Qualified Registrable Securities, such securities may be sold by Selling Shareholder publicly without registration under the Securities Act and free of contractual restrictions with the Corporation, including the provisions of Section 8 hereof.