LONG OR SHORT POSITIONS Clause Samples

The "Long or Short Positions" clause defines the rights and obligations of parties regarding holding or taking positions in financial instruments, such as stocks or derivatives, either as a buyer (long) or a seller (short). This clause typically outlines how parties may enter into, maintain, or close out these positions, and may specify reporting requirements or restrictions to prevent conflicts of interest or market manipulation. Its core function is to ensure transparency and proper conduct in trading activities, thereby managing risk and maintaining market integrity.
LONG OR SHORT POSITIONS. The Distributor agrees that it will not take any long or short positions in the shares of the Fund except to the extent contemplated by paragraphs 1 and 9 above, and that, so far as it can control the situation, it will prevent any officer or director of (or person financially interested in) the Distributor from taking any long or short position in the shares of the Fund, except as permitted by the Declaration of Trust of the Fund and by those portions of its Bylaws which are not subject to amendment except by the shareholders of the Fund.
View SourceView Similar (7)

Related to LONG OR SHORT POSITIONS

  • No Shorting The Purchaser or any of its affiliates and investment partners has not, will not and will not cause any person or entity, to directly engage in “short sales” of the Company’s Common Stock as long as the Note shall be outstanding.

  • No Prior Short Sales At no time prior to the date of this Agreement has the Investor, its sole member, any of their respective officers, or any entity managed or controlled by the Investor or its sole member, engaged in or effected, in any manner whatsoever, directly or indirectly, for its own principal account, any (i) “short sale” (as such term is defined in Rule 200 of Regulation SHO of the Exchange Act) of the Common Shares or (ii) hedging transaction, which establishes a net short position with respect to the Common Shares that remains in effect as of the date of this Agreement.

  • No Short Sales Buyer/Holder, its successors and assigns, agree that so long as the Note remains outstanding, the Buyer/Holder shall not enter into or effect “short sales” of the Common Stock or hedging transaction which establishes a short position with respect to the Common Stock of the Company. The Company acknowledges and agrees that upon delivery of a Conversion Notice by the Buyer/Holder, the Buyer/Holder immediately owns the shares of Common Stock described in the Conversion Notice and any sale of those shares issuable under such Conversion Notice would not be considered short sales.

  • Unusual Job Requirements of Short Duration ‌ The nature of health care is such that at times it may be necessary for an employee to perform work not normally required in his/her job for the safety, health or comfort of a client or resident. It is understood that an employee shall not be expected to perform a task for which he/she is not adequately trained.

  • Other Usages The following usages shall apply in interpreting this Agreement: (i) references to a governmental or quasigovernmental agency, authority or instrumentality shall also refer to a regulatory body that succeeds to the functions of such agency, authority or instrumentality; and (ii) “including” means “including, but not limited to.”