Blackout Period

Example Definitions of "Blackout Period"
Blackout Period. A broadly applicable and regularly scheduled period during which trading in PubCo's securities would not be permitted under the PubCo's insider trading policy
Blackout Period. A period of time when, pursuant to any policies of the Company or other periods as designated by the Company, designated Persons may not trade in securities of the Company.
Blackout Period. A period during which there is a prohibition on trading in the Company's securities imposed by the Company on Insiders.
Blackout Period. Shall mean, with respect to a registration, a period in each case commencing on the day immediately after Dresser-Rand notifies the Eligible Sellers that they are required, pursuant to Section 4(f), to suspend offers and sales of Registrable Securities because Dresser-Rand, in the good faith judgment of its Board of Directors, has determined (because of the existence of, or in anticipation of, any acquisition, financing activity or other transaction involving Dresser-Rand, or the unavailability... for reasons beyond Dresser-Rand’s control of any required financial statements, disclosure of information which is in its best interest not to publicly disclose, or any other event or condition of similar significance to Dresser-Rand) that the registration and distribution of the Registrable Securities to be covered by such Registration Statement, if any, would be seriously detrimental to Dresser-Rand and its stockholders and ending on the earlier of (a) the date upon which the material non-public information commencing the Blackout Period is disclosed to the public or ceases to be material and (b) such time as Dresser-Rand makes such Registration Statement effective again, or allows sales pursuant to such Registration Statement to resume; provided, however, that Dresser-Rand shall limit its use of Blackout Periods described in this Section 1, in the aggregate, to 30 Trading Days within any 12-month period. View More
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