Sale Transaction definition

Sale Transaction has the meaning set forth in Section 3(a).

Sale Transaction means a transaction or series of related transactions involving (i) the consolidation or merger of Company with another Person, (ii) a sale of all or substantially all of the assets of Company, (iii) a purchase, tender or exchange offer that is accepted by the holders of more than the 50% of the outstanding shares of capital stock of Company, (iv) the consummation of a stock purchase agreement or other business combination with another Person whereby such other Person acquires more than the 50% of the outstanding capital stock of Company.

Sale Transaction means a sale, lease, exchange or other transfer of all or substantially all the assets of the Company and its consolidated subsidiaries to any other person.

Examples of Sale Transaction in a sentence

• In the event of an IPO or a Sale Transaction where the fair market value of one Exercise Share would be less than the Exercise Price in effect immediately prior to such IPO or Sale Transaction, then this Warrant will terminate immediately prior to the consummation of such IPO or Sale Transaction.

• In the event of discrepancy between the provisions of the Contract and a Confirmation, the Confirmation will prevail Tenth.-The parties oblige to comply with their liabilities arising from each Sale Transaction concluded with the settlement of them in the terms of the corresponding Confirmation and other applicable terms of the Contract, with no need of a previous requirement.

• In accordance to each Sale Transaction agreed between the parties, the Bank will send a Confirmation to the Client’s e-mail that will determine the elements and features of the above mentioned Sale Transaction Operation.

• Notwithstanding anything in this Warrant to the contrary, in the event of an IPO or a Sale Transaction and the fair market value of one Exercise Share would be greater than the Exercise Price in effect on such date immediately prior to such IPO or Sale Transaction, then this Warrant shall automatically be deemed to be exercised pursuant to Section 2.1 above effective immediately prior to and contingent upon the consummation of such IPO or Sale Transaction.

• Once each Sale Transaction Settlement is performed by the Client, the Bank will proceed to carry out the corresponding Settlement.

More Definitions of Sale Transaction

Sale Transaction shall have the meaning set forth in Section 5.4.

Sale Transaction has the meaning set forth in Section 4(a)(i).

Sale Transaction has the meaning set forth in Section 2.9 of this Agreement.

Sale Transaction has the meaning set forth in Section 11.8 (Successors and Assigns).

Sale Transaction has the meaning set forth in Section 2.5(a).

Sale Transaction means (a) (i) the merger or consolidation of the Company into or with one or more Persons, (ii) the merger or consolidation of one or more Persons into or with the Company or (iii) a tender offer or other business combination if, in the case of (i), (ii) or (iii), the stockholders of the Company prior to such merger or consolidation do not retain at least a majority of the voting power of the surviving Person or (b) the voluntary sale, conveyance, exchange or transfer to another Person of (i) the voting Capital Stock of the Company if, after such sale, conveyance, exchange or transfer, the stockholders of the Company prior to such sale, conveyance, exchange or transfer do not retain at least a majority of the voting power of the Company or (ii) all or substantially all of the assets of the Company.

Sale Transaction shall have the meaning provided in Section 13.4(a).