Quotation of the Public Securities on the OTC Bulletin Board Sample Clauses

The "Quotation of the Public Securities on the OTC Bulletin Board" clause establishes the requirement or allowance for a company's publicly traded securities to be quoted and traded on the OTC Bulletin Board (OTCBB), an electronic trading service for over-the-counter securities. This clause typically applies to companies whose securities are not listed on major exchanges like the NYSE or NASDAQ, and it may specify conditions under which the securities must remain quoted on the OTCBB or address what happens if the quotation is lost. Its core function is to ensure continued liquidity and public trading access for the securities, thereby protecting investors and maintaining marketability even if the securities are not listed on a primary exchange.
Quotation of the Public Securities on the OTC Bulletin Board. As of the Closing Date, the Public Securities will have been authorized for quotation on the OTC Bulletin Board and, to the Company’s knowledge, no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the quotation of the Public Securities on the OTC Bulletin Board.
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Quotation of the Public Securities on the OTC Bulletin Board. As of the Effective Date, the Public Securities have been authorized for quotation on the OTC Bulletin Board and, to the Company’s knowledge, no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the quotation of the Public Securities on the OTC Bulletin Board. 2.35. Definition of “Knowledge”. As used in herein, the term “knowledge of the Company” (or similar language) shall mean the knowledge of the officers and directors of the Company who are named in the Sale Preliminary Prospectus and Prospectus, with the assumption that such officers and directors shall have made reasonable and diligent inquiry of the matters presented.
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Related to Quotation of the Public Securities on the OTC Bulletin Board

  • Trading of the Public Securities on the Nasdaq Capital Market As of the Effective Date and the Closing Date, the Public Securities will have been authorized for listing on the Nasdaq Capital Market and no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the listing of the Public Securities on the Nasdaq Capital Market.

  • Bulletin Board The Employer shall provide a bulletin board which shall be placed so that all employees will have access to it and upon which the Union shall have the right to post notices of regular meetings, special meetings, seminars or Union activities.

  • Bulletin Boards The Employer shall provide bulletin board facilities for the exclusive use of the Union, the sites to be determined by mutual agreement. The use of such bulletin board facilities shall be restricted to the business affairs of the Union.

  • Use of Bulletin Boards Space shall be made available to OCEA on agency/departmental bulletin boards within the Representation Unit provided such use does not interfere with the needs of the agency/department and material posted is not derogatory to the County, County employees or other employee organizations. Notice shall be dated and signed by the authorized representatives of OCEA responsible for its issuance.

  • Nasdaq National Market Listing The shares of Parent Common Stock issuable to the Company stockholders pursuant to this Agreement shall have been authorized for listing on the Nasdaq National Market upon official notice of issuance.