Applicable Sale definition

Applicable Sale is defined in Section 7.4(a).

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Applicable Sale has the meaning set forth in Section 10.05(a).

Applicable Sale means, (x) with respect to a Buyer, the Sale transaction or transactions in which such Buyer is buying Purchased Interests (as described on Schedule A), and (y) with respect to a Seller, the Sale transaction or transactions in which such Seller is selling Purchased Interests (as described on Schedule A)

Examples of Applicable Sale in a sentence

Each Member agrees to consent to, and raise no objections against, an Applicable Sale.
The Managing Member shall provide the Members written notice of the termination of an Applicable Sale within five (5) Business Days following such termination, which notice shall state that the Applicable Sale Notice served with respect to such Applicable Sale is rescinded.
Upon the occurrence of an Applicable Sale or a Termination Transaction, no other provisions of this Policy shall limit the right of any Exchanging Holder to effect an Elective Exchange in order to receive Class A Common Stock in advance of consummation of any such Applicable Sale or Termination Transaction.
The Managing Member may in its sole discretion elect to cause the Managing Member and/or the Company to structure the Applicable Sale as a merger or consolidation or as a sale of the Company’s Assets.

More Definitions of Applicable Sale

Applicable Sale has the meaning assigned to that term in Section 9.5(a).

Applicable Sale is defined in the OP Agreement.

Applicable Sale is defined in Section 7.04(a)(i).

Applicable Sale means a sale of (1) ownership of equity interests in the Company that constitutes more than 50% of the total fair market value or total voting power of the equity interests in the Company; but if any one person or more than one person acting as a group, shall be considered to own more than 50% of the total fair market value or total voting power of the equity interests in the Company, the acquisition of additional equity interests by the same person or persons shall not be considered to cause a change in the ownership; or (2) assets from the Company that have a total gross fair market value equal to or greater than 50% of the total gross fair market value of all of the assets of Solidion Technologies, Inc. and its subsidiaries immediately prior to such acquisition or acquisitions. Notwithstanding the foregoing, a sale of ownership of equity interests shall not be taken into account if the primary purpose of such sale is to provide funds for the Company’s working capital and/or general corporate purposes, and a transfer of assets by the Company shall not be treated as a change of ownership of such assets if the assets are transferred to (i) equity holders of the Company (immediately before the asset transfer) in exchange for or with respect to their equity interests, (ii) an entity, 50% or more of the total value or voting power of which is owned, directly or indirectly, by the Company, (iii) a person, or more than one person action as a group, that owns, directly or indirectly, 50% or more of the total value or voting power of all of the equity interests in the Company, or (iv) an entity, at least 50% of the total value or voting power of which is owned, directly or indirectly, by a person described in clause (iii) of this paragraph.

Applicable Sale shall have the meaning indicated in subparagraph 3.(C).

Applicable Sale has the meaning set forth in Section 7.4(a). “Applicable Sale Notice” has the meaning set forth in Section 7.4(b).