Transfer Restricted Security

Transfer Restricted Security. Means each Security until: (i) the date on which that Security has been exchanged by a person other than a broker-dealer for a freely transferable New Security in the Registered Exchange Offer; (ii) following the exchange by a Broker-Dealer in the Registered Exchange Offer of a Security for a New Security, the date on which that New Security is sold to a purchaser who receives from that Broker-Dealer on or prior to the date of that sale a copy of the Prospectus constituting part of the Exchange... Offer Registration Statement; (iii) the date on which that Security has been effectively registered under the Act and disposed of in accordance with the Shelf Registration Statement; or (iv) the date on which that Security is distributed to the public pursuant to Rule 144 under the Act or becomes freely tradeable pursuant to Rule 144(k) under the Act. View More

Transfer Restricted Security. Shall mean a security that has not been sold to or through a broker, dealer or underwriter in a public distribution or other public securities transaction or sold in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act under Rule 144 promulgated thereunder (or any successor rule). The foregoing notwithstanding, a security shall remain a Transfer Restricted Security until all stop transfer instructions or notations and... restrictive legends with respect to such security have been lifted or removed. View More

Transfer Restricted Security. The Registrable Securities upon original issuance thereof; PROVIDED that a Registrable Security is no longer a Transfer Restricted Security when such Registrable Security is sold to the public or eligible for sale to the public without restriction under Rule 144(k).

Transfer Restricted Security. Means each Offered Security, each PIK Additional Security and each Share issuable upon conversion thereof until the earliest to occur of (i) the date on which such Offered Security, PIK Additional Security or Share has been effectively registered under the Securities Act and disposed of in accordance with the Shelf Registration Statement or (ii) the date on which such Offered Security, PIK Additional Security or Share may be distributed by the Holder thereof to the public pursuant to Rule... 144(k) (or any successor provision thereto) under the Securities Act. View More

Transfer Restricted Security. A security that has not been sold to or through a broker, dealer or underwriter in a public distribution or other public securities transaction or sold in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act under Rule 144(k) promulgated thereunder (or any successor rule other than Rule 144A). A security shall cease being a Transfer Restricted Security if (i) all stop transfer instructions or notations and restrictive legends with respect to such... security are eligible to be removed, and (ii) the holder of such security has received an opinion of counsel to the Company, to the effect that such shares in such holder's hands are freely transferable in any public or private transaction without registration under the Securities Act (or such holder has waived receipt of such opinion). View More