Restricted and Control Stock Requirements Clause Samples

The "Restricted and Control Stock Requirements" clause defines the rules and limitations governing the transfer, sale, or disposition of securities that are subject to legal or contractual restrictions. Typically, this clause outlines the conditions under which restricted or control stock—such as shares acquired through private placements or held by company insiders—can be sold, including required holding periods, necessary regulatory filings, and the need for legal opinions or company consent. Its core practical function is to ensure compliance with securities laws and prevent unauthorized or premature sales, thereby protecting the company and investors from regulatory violations and market disruptions.
Restricted and Control Stock Requirements. Broker shall be responsible for determining whether any securities held in Broker’s or its customer accounts are restricted or control securities as defined by applicable laws, rules, or regulations. Broker is responsible for assuring that orders and other transactions executed for such securities comply with such laws, rules, and regulations.
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Restricted and Control Stock Requirements. Introducing Firm shall be responsible for determining whether any securities held in Introducing Firm’s or its customer accounts are restricted or control securities as defined by applicable laws, rules, or regulations. Introducing Firm is responsible for assuring that orders and other transactions executed for such securities comply with such laws, rules, and regulations.
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Restricted and Control Stock Requirements. You are responsible for (i) determining whether any securities held in any Account are restricted or control securities under Applicable Law and (ii) ensuring that such orders in restricted or control securities have been held for the requisite holding period and that such execution of or transaction in such control or restricted securities is in compliance with Applicable Law. If you intend to purchase a privately offered security pursuant to Rule 144A, under the Securities Act (17 C.F.R. § 230.144A), you agree to complete and provide Stifel with a final copy of the Certificate of Rule 144A Qualified Institutional Buyer and Section 3(C)(7) Qualified Purchaser form.
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Related to Restricted and Control Stock Requirements

  • Staffing Requirements Licensee will be in full compliance with the main studio staff requirements as specified by the FCC.

  • Human and Financial Resources to Implement Safeguards Requirements The Borrower shall make available necessary budgetary and human resources to fully implement the EMP and the RP.

  • Training Requirements Grantee will: A. Authorize and require staff (including volunteers) to attend training, conferences, and meetings as directed by DSHS. B. Appropriately budget funds to meet training requirements in a timely manner, and ensure staff and volunteers are trained as specified in the training requirements listed at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇▇▇.▇▇▇/hivstd/training/ and as otherwise specified by DSHS. Grantee shall document that these training requirements are met. C. Follow the appropriate DSHS POPS by funding opportunity (as per Section I: General Requirements for All Grantees) for training and observation requirements.

  • Monitoring Requirements This Schedule sets out the contract management requirements which are applicable to the delivery of the Services.

  • Trunking Requirements The Parties will provide designed Interconnection facilities that meet the same technical criteria and service standards, such as probability of blocking in peak hours and transmission standards, in accordance with current industry standards.