Unrestricted Date definition

Unrestricted Date means, with respect to any Registrable Securities, the earliest of the date that (a) a Registration Statement registering the sale of such Registrable Securities has been declared effective by the SEC, (b) all of the Registrable Securities have been sold pursuant to Rule 144 or may be sold pursuant to Rule 144 without the requirement for the Company to be in compliance with the current public information required under Rule 144 and without volume or manner-of-sale restrictions or (c) following the one (1) year anniversary of the Closing Date, provided that (i) the Investor holding such Registrable Securities is not an Affiliate of the Company (provided, that the Company shall cause its counsel to issue a legal opinion with respect to each Buyer’s non-affiliate status assuming that the facts and circumstances relevant to such determination do not adversely change from the Closing Date, except that increases and decreases in the market price of the Company’s Common Stock will not be deemed to be an adverse change), (ii) all of the Registrable Securities may be sold pursuant to an exemption from registration under Section 4(1) of the 1933 Act without volume or manner-of-sale restrictions and (iii) the Company’s legal counsel has delivered to such Investor a standing written unqualified opinion that resales of such Registrable Securities may then be made by such Investor pursuant to such exemption, which opinion shall be in form and substance reasonably acceptable to such Investor.
Unrestricted Date means any date on which all or any portion of the Restricted Principal becomes Unrestricted Principal.
Unrestricted Date means, with respect to Notes of a particular maturity, the 41st day after the after the later of (i) the day on which such Notes were first offered to persons other than distributors (as defined in Regulation S under the Securities Act and (ii) the Issue Date of such Notes.

Examples of Unrestricted Date in a sentence

  • AND BEllE DOylE MCElDOwNEy FUND Type of Fund: Unrestricted Date Established: December 21, 1955 Total Gifts (1955–1975): $4,142,833 Bequest (1979): $6,206,324 Market Value (2010): $31,395,652 Grants to Date: 422 totaling $25,168,725 The Henry C.

  • McKEE CARNAHAN TRUST Type of Fund: Unrestricted Date Established: February 19, 1980 Initial Gift: $1,385,888 Market Value (2010): $4,620,078 Grants to Date: 209 totaling $5,888,321 The Pittsburgh Foundation offers relief of the administrative responsibilities of managing your philanthropy.

  • McClINTOCK FUND Type of Fund: Unrestricted Date Established: May 31, 1989 Initial Gift: $2,516,408 Market Value (2010): $4,646,114 Grants to Date: 62 totaling $4,072,998 Frank McClintock was remem- bered by his friends as an avid golfer and tennis enthusiast who continued to play well into his eighties.


More Definitions of Unrestricted Date

Unrestricted Date in respect of any Regional which is an Unrestricted ----------------- Regional on the date of this Agreement is the date on which such Regional ceases to be an Unrestricted Regional.
Unrestricted Date. The day immediately following the last day of the Restricted Period.
Unrestricted Date means the last day of a Restricted Period.
Unrestricted Date has the meaning specified in Section 3.02(b).
Unrestricted Date means the date upon which (i) all the Shares have been disposed of pursuant to a registration statement, (ii) all of the Shares then held by the Investor may be sold under the provisions of Rule 144 without limitation as to volume, whether pursuant to Rule 144(k) or otherwise, or (iii) the Company has determined that all Shares then held by the Investor may be sold without restriction under the Securities Act and has removed any stop transfer instructions relating to such Shares and offered to cause to be removed any restrictive legends on the certificates, if any, representing such Shares.
Unrestricted Date means, with respect to any Security, the 41st day after the later of the commencement of the offering thereof and the closing date therefor.
Unrestricted Date. ’ means the 40th day after the later of the commencement of the offering of the Offered Securities and the issue date.