Block Trade shall have the meaning given in Section 2.4.1.
Block Trade means an offering and/or sale of Registrable Securities by any Holder on a block trade or underwritten basis (whether firm commitment or otherwise) without substantial marketing efforts prior to pricing, including, without limitation, a same day trade, overnight trade or similar transaction, but excluding a variable price reoffer.
Block Trade means an offering and/or sale of Registrable Securities by any Holder on a block trade or underwritten basis (whether firm commitment or otherwise) without substantial marketing efforts prior to pricing, including, without limitation, a same day trade, overnight trade or similar transaction.
Examples of Block Trade in a sentence
For the avoidance of doubt, neither a Block Trade nor an Other Coordinated Offering shall constitute a Requested Underwritten Offering.
More Definitions of Block Trade
Block Trade means a single Swap transaction publicly reportable under Part 43 of the CFTC Regulations that:
Block Trade has the meaning set forth in Section 2.3.
Block Trade means any non-marketed underwritten takedown offering taking the form of a bought deal or block sale to a financial institution.
Block Trade means any non-marketed underwritten offering taking the form of a block trade to financial institutions, QIBs or Institutional Accredited Investors, bought deals, over-night deals or similar transactions that do not include “road show” presentations to potential investors requiring marketing effort from management over multiple days.
Block Trade means a publicly reportable swap transaction that:
Block Trade means an Underwritten Offering not involving any “road show” which is commonly known as a “block trade.”
Block Trade means a privately negotiated transaction in a Swap of the type and exceeding the minimum quantity set forth in Rule 601.