Underwritten Block Trade definition

Underwritten Block Trade shall have the meaning given in Section 2.1.1(b).
Underwritten Block Trade has the meaning set forth in Section 2(f).
Underwritten Block Trade means an underwritten offering and sale of Shares of the Company on a block trade or firm commitment basis pursuant to a Shelf Registration without substantial marketing efforts prior to pricing.

Examples of Underwritten Block Trade in a sentence

  • Any Potential Participant’s request to participate in an Underwritten Block Trade shall be binding on the Potential Participant.

  • The Demand Holders representing a majority of the Registrable Securities wishing to engage in the Underwritten Block Trade shall, to the extent practicable, use commercially reasonable efforts to work with the Company and any underwriters prior to making such request in order to facilitate preparation of any registration statement, prospectus and other offering documentation related to the Underwritten Block Trade.

  • Notwithstanding anything to the contrary in this Agreement, any Underwritten Block Trade requested hereunder must be for aggregate expected proceeds of at least $25 million.


More Definitions of Underwritten Block Trade

Underwritten Block Trade has the meaning ascribed to such term in Section 3(e).
Underwritten Block Trade is defined in Section 2.4.
Underwritten Block Trade means any underwritten offering structured as a “block trade,” “bought deal” or similar transaction with a financial institution.
Underwritten Block Trade shall have the meaning set forth in Section 4(b).
Underwritten Block Trade means an Underwritten Shelf Takedown by means of an underwritten block trade or similar transaction or other transaction with a two-day (or shorter) marketing period.
Underwritten Block Trade has the meaning ascribed to such term in Section 2.1(f). "Valid Business Reason" has the meaning ascribed to such term in Section 2.1(b).
Underwritten Block Trade has the meaning set forth in Section 1(e)(ii). “Violation” has the meaning set forth in Section 6(a).