Section 16 definition

Section 16 means Section 16 of the Exchange Act and the rules promulgated thereunder and any successor provision thereto as in effect from time to time.
Section 16 or “Section 16(b)” means Section 16 or Section 16(b), respectively, of the Exchange Act or any successor statute and the rules and regulations promulgated thereunder as in effect and as amended from time to time.

Examples of Section 16 in a sentence

  • Vendor acknowledges that breach of Vendor’s obligation under this Section 16 may give rise to irreparable injury to Citizens and Citizens’ customers, which damage may be inadequately compensable in the form of monetary damages.

  • Accordingly, Citizens may seek and obtain injunctive relief against the breach or threatened breach of any of the provisions of this Section 16, in addition to any other legal remedies which may be available, including, the immediate termination, at Citizens’ sole election and without penalty to Citizens, of this Agreement in whole or in part.

  • Vendor agrees that should it, for any reason, not be able to provide or maintain appropriate safeguards to fulfill its obligations under this Section 16, it will immediately notify Citizens Contract Administrator in writing of such inability and such inability on Vendor’s part will serve as justification for the immediate termination, at Citizens’ sole election and without penalty to Citizens, of this Agreement in whole or in part at any time after the inability becomes known to Citizens.

  • Accordingly, Citizens may seek and obtain injunctive relief against the breach or threatened breach of the provisions of this Section 16, in addition to any other legal remedies which may be available, including, the immediate termination, at Citizens' sole election and without penalty to Citizens, of this Agreement in whole or in part.

  • Subject to Section 16 hereof, the terms and provisions hereof shall be binding upon and inure to the benefit of the heirs, executors, administrators, personal representatives, successors, and assigns of the parties hereto.


More Definitions of Section 16

Section 16 means Section 16 of the Securities Exchange Act of 1934, as amended, or any similar or successor statute, and any rules, regulations, or policies adopted or applied thereunder.
Section 16 means Section 16 of the Securities Exchange Act of 1934, as amended.
Section 16 has the meaning set forth in Section 6.10.
Section 16 means Section 16 of the Exchange Act or any successor statute and the rules promulgated thereunder by the Securities and Exchange Commission, as they may be amended from time to time.
Section 16 means Section 16 of the Exchange Act or any successor regulation and the rules promulgated thereunder as they may be amended from time to time.
Section 16 means Section 16 of the Exchange Act, and any successor statutory provision, and the rules promulgated thereunder, as it or they may be amended from time to time.