Common use of Realization Event Clause in Contracts

Realization Event. A “Realization Event” shall mean (a) a Qualified Public Offering, or (b) a transaction in which all of Investor’s Warrants and Other Securities are exchanged either for cash or for Other Securities of another Person, provided that such Other Securities are traded on a national securities exchange or the Nasdaq National Market and are not subject to any restrictions under the Securities Act and such Person’s outstanding Other Securities (other than those held by such Person’s Affiliates) have an aggregate public market value of not less than $500 million.

Realization Event. A “Realization Event” shall mean (a) a Qualified Public Offering, or (b) a transaction in which all of Investor’s the Holders’ Warrants and Other Securities are exchanged either for cash or for Other Securities of another Person, provided that such Other Securities are traded on a national securities exchange or the Nasdaq National Market and are not subject to any restrictions under the Securities Act and such Person’s outstanding Other Securities (other than those held by such Person’s Affiliates) have an aggregate public market value of not less than $500 million.

Realization Event. A “"Realization Event” " shall mean (a) a Qualified ----------------- Public Offering, or (b) a transaction in which all of Investor’s 's Warrants and Other Securities are exchanged either for cash or for Other Securities of another Person, provided that such Other Securities are traded on a national securities exchange or the Nasdaq National Market and are not subject to any restrictions under the Securities Act and such Person’s 's outstanding Other Securities (other than those held by such Person’s 's Affiliates) have an aggregate public market value of not less than $500 million.

Realization Event. A “"Realization Event” " shall mean (a) a Qualified Public Offering, or (b) a transaction in which all of Investor’s the Holders' Warrants and Other Securities are exchanged either for cash or for Other Securities of another Person, provided that such Other Securities are traded on a national securities exchange or the Nasdaq National Market and are not subject to any restrictions under the Securities Act and such Person’s 's outstanding Other Securities (other than those held by such Person’s 's Affiliates) have an aggregate public market value of not less than $500 million.