Rule 144 Date definition

Rule 144 Date means the date the Conversion Shares first become eligible for resale without volume or manner-of-sale restrictions after initial satisfaction of the conditions set forth in Rule 144(i)(2).

Rule 144 Date means the first date on which the Holder can sell all the Underlying Securities without restriction or limitation pursuant to Rule 144.

Rule 144 Date means, with respect to a particular Holder, the date on which such Holder becomes eligible to sell any Registrable Securities pursuant to Rule 144.

Examples of Rule 144 Date in a sentence

• For purposes of making this calculation, if there has been a Stock Event between the Closing Date and the Rule 144 Date, then the calculation shall be appropriately adjusted to provide the same economic effect to the Parties as before the ‘onetime adjustment’.

• The Purchaser further understands and acknowledges that by virtue of the foregoing limitations, the Purchaser will not be able to rely on Rule 144 until the Rule 144 Date at the earliest, and in general will not be able to remove the restrictive legend from its Securities prior to a sale which may delay any sale or result in increased costs.

• For purposes of making this calculation, if there has been a Stock Event between the Closing Date and the EP Rule 144 Date, then the calculation shall be appropriately adjusted to provide the same economic effect to the Parties as before the adjustment.

• For purposes of making this calculation, if there has been a Stock Event between the Closing Date and the Rule 144 Date, then the calculation shall be appropriately adjusted to provide the same economic effect to the Parties as before the ‘one time adjustment’.

More Definitions of Rule 144 Date

Rule 144 Date means [INSERT IN SERIES B WARRANT: the first date on which the Holder can sell all the Underlying Securities without restriction or limitation pursuant to Rule 144.] [INSERT IN SERIES A WARRANT: Intentionally omitted.]

Rule 144 Date has the meaning set forth in §2(a)(iv).

Rule 144 Date means the date the Conversion Shares first become eligible for resale without volume or manner-of- sale restrictions after initial satisfaction of the conditions set forth in Rule 144(i)(2).

Rule 144 Date shall have the meaning ascribed to such term in Section 4.11(b).

Rule 144 Date means the first date on which all of the Underlying Securities are eligible to be resold by the Investors pursuant to Rule 144 (as defined in the Securities Purchase Agreement) (or, if a Current Public Information Failure (as defined in the Securities Purchase Agreement) has occurred and is continuing, such later date after which the Company has cured such Current Public Information Failure)

Rule 144 Date means the date the Conversion Shares first become eligible for resale without volume or manner-of-sale restrictions.

Rule 144 Date has the meaning specified in Section 2.6.