Constructive Sale

Example Definitions of "Constructive Sale"
Constructive Sale. Means, with respect to any security, a short sale with respect to such security, entering into or acquiring a derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of either directly or indirectly materially changing the economic benefits or risks of ownership of such security.
Constructive Sale. Means, Means with respect to any security, a short sale with respect to such security, entering into or acquiring a an offsetting derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of either directly or indirectly materially changing reducing the economic benefits or risks of ownership of such security. ownership.
Constructive Sale. Means, with With respect to any security, security a short sale with respect to such security, entering into or acquiring a an offsetting derivative contract with respect to such security, entering into or acquiring a futures or forward contract to deliver such security or entering into any other hedging or other derivative transaction that has the effect of either directly or indirectly materially changing the economic benefits or and risks of ownership of such security. ownership.
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Constructive Sale. Means, with respect to any security, a short sale with respect to such security, entering into a futures or forward contract to deliver such security or entering into any other transaction that has the effect of either directly or indirectly pledging, encumbering or assigning such security (other than any of the foregoing that would not materially impair the Company Shareholder's ability to perform its obligations under this Agreement).
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