Nasdaq Requirements Clause Samples
The "Nasdaq Requirements" clause defines the obligation for parties to comply with the rules, regulations, and listing standards set by the Nasdaq Stock Market. In practice, this clause typically requires that any actions, disclosures, or transactions under the agreement must adhere to Nasdaq's requirements, such as timely reporting of material events or maintaining certain corporate governance standards. Its core function is to ensure that the parties remain in good standing with Nasdaq, thereby avoiding penalties, delisting, or other regulatory issues that could arise from non-compliance.
Nasdaq Requirements. All requirement of the Nasdaq National Market in connection with the transactions contemplated by this Agreement and the Warrant shall have been complied with by the Company.
Nasdaq Requirements. The Company shall have satisfied all requirements of the Nasdaq Stock Market Marketplace Rules with respect to the issuance of the Purchased Shares.
Nasdaq Requirements. If required by the Nasdaq Stock Market Marketplace Rules, the Company shall have obtained the approval of its shareholders to the issuance of the Purchased Shares.
Nasdaq Requirements. The Company shall have submitted to the NASDAQ any application or notification required in connection with the issuance and sale of the Notes and Warrants hereunder and the Ordinary Shares and the ADSs issuable upon conversion of the Notes or exercise of the Warrants and complied with all NASDAQ listing requirements applicable to the transactions contemplated by each of the Transaction Documents, if any.
Nasdaq Requirements. The Company shall use its best efforts to continue to meet the requirements for the listing of its Common Stock on The Nasdaq SmallCap Market.
Nasdaq Requirements. Notwithstanding anything contained herein to the contrary, if at any time while any amount is outstanding under this Agreement NASDAQ informs AMTL that a provision of this Agreement violates the rules or policies of NASDAQ, then the Lender and AMTL shall use their respective best efforts in good faith to negotiate and agree to amend this Agreement in order to cure such violation.
Nasdaq Requirements. As of February 28, 2003 and, to the Knowledge of Parent, as of the date hereof, Source substantially met all of the requirements under Rule 4420(b) of the National Association of Securities Dealers, Inc. Manual (the “Manual”) to be designated for Nasdaq. As of the date hereof, Source substantially met all of the requirements under Rule 4350 of the Manual required to be met by issuers prior to designation on Nasdaq.
Nasdaq Requirements. All requirements of the Nasdaq National Market in connection with the transactions contemplated by this Agreement shall have been complied with.
Nasdaq Requirements. Nothing in the Transaction Documents may be read or construed (i) to violate the rules of the Securities and Exchange Commission or any market in which shares of ICSL are traded, and including the maintenance criteria of the NASDAQ Rule 4460(i)(1)(D)(iii), (as applied to all shares of ICSL's Common and Preferred Stock deemed to be aggregated under said Rule), or (ii) to trigger the right of first refusal under ICSL's 7.5% and 7% Convertible Debentures, and the Parties agree that in the event either (i) or (ii) would otherwise occur, this Agreement shall not be enforceable against either Party to the extent of such occurrence, and further, the Parties agree that in the event either (i) or (ii) would otherwise occur, they shall amend this Agreement to reflect, and the Designation of Rights and Preferences of the Preferred Stock shall reflect, such adjustment to price or quantity as may be necessary to avoid the occurrence of either (i) or (ii).
Nasdaq Requirements. The Partnership will timely file with NASDAQ all documents and notices required by NASDAQ of companies that have or will issue securities that are quoted on NASDAQ. The Partnership will use its best efforts to complete the inclusion of the Units on NASDAQ, subject only to official notice of issuance, prior to the Closing Date.