Qualified Financing Securities definition

Qualified Financing Securities means the class and series of convertible preferred stock or other senior equity security sold or issued by the Company in the Qualified Financing.

Qualified Financing Securities means the Company’s securities issued and sold at the Qualified Financing.

Qualified Financing Securities means a new series of convertible preferred stock, any common stock or any convertible debt of the Company to be issued pursuant to a Qualified Financing Purchase Agreement, if any.

Examples of Qualified Financing Securities in a sentence

• The Purchaser is acquiring the Note as well as any shares of the Qualified Financing Securities (collectively, the “Securities”) for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the sale or distribution of any part thereof.

• The Company hereby grants to each Major Holder a right of first offer to purchase up to such Major Holder's pro rata share of Qualified Financing Securities (in addition to the amount such Major Holder receives as a result of conversion of such Major Holder's Note).

• The Purchaser is acquiring the Instrument as well as any shares of the Qualified Financing Securities or Common Stock issuable upon conversion thereof (collectively, the “Securities”) for investment for the Purchaser’s own account, not as a nominee or agent, and not with a view to the sale or distribution of any part thereof.

• The Holder understands that the Qualified Financing Securities and Common Stock are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant to these laws, the Holder must hold the Qualified Financing Securities and/or Common Stock indefinitely unless they are registered with the Securities and Exchange Commission and qualified by state authorities, or an exemption from such registration and qualification requirements is available.

• That is why, according to Deloitte, further, more active promotional and educational activities in this regard are required.

More Definitions of Qualified Financing Securities

Qualified Financing Securities means equity securities issued by the Company in a Qualified Financing for new cash investment.

Qualified Financing Securities means the equity securities issued by Borrower Parent in a Qualified Equity Financing, with such rights, preferences, privileges and restrictions, contractual or otherwise, as are applicable to the securities issued by Borrower Parent in the Qualified Equity Financing.

Qualified Financing Securities means the equity or debt securities issued and sold in a Qualified Financing.

Qualified Financing Securities means shares of the same series of Preferred Stock issued in a Qualified Equity Financing.

Qualified Financing Securities means, with respect to any Qualified Financing, the class and/or series of shares, and/or the instruments or other securities, sold and/or issued by the Company in such Qualified Financing. The purchase, if any, by Lender of Qualified Financing Securities in any Qualified Financing shall be made, subject to the provisions of this letter, upon the same terms and conditions (including, without limitation, price) as the purchases by the other purchasers of Qualified Financing Securities in such Qualified Financing, and each Lender purchaser shall execute the definitive stock purchase agreement, investor rights agreement and other agreements (collectively, “Operative Documents”) executed by such other purchasers in connection with such Qualified Financing. The Company shall give Lender not less than twenty (20) days written notice prior to the closing of each Qualified Financing, which notice shall state the principal terms (including, without limitation, the principal investors) of such Qualified Financing, and shall provide such drafts and definitive copies of the Operative Documents and other documents and information in connection with such Qualified Financing as are provided to the non-Lender purchasers in such Qualified Financing. Lender may exercise its purchase rights hereunder with respect to a Qualified Financing by delivering written notice thereof to the Company no less than five (5) days prior to such closing. The rights of Lender to Purchase Qualified Financing Securities in Qualified Financings as set forth above shall survive through October 15, 2014. Very truly yours, PROTOX THERAPEUTICS INC. By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Chief Operating Officer ACCEPTED AND AGREED: OXFORD FINANCE LLC By: Name: Title: The rights of Lender to Purchase Qualified Financing Securities in Qualified Financings as set forth above shall survive through October 15, 2014. Very truly yours, PROTOX THERAPEUTICS INC. By: Name: Title: ACCEPTED AND AGREED: OXFORD FINANCE LLC By: /s/ T. A. Lex Name: T. A. Lex Title: COO

Qualified Financing Securities has the meaning given to such term in Section 2.2(a) of this Agreement.

Qualified Financing Securities means the securities issued in a Qualified Financing.