Bad Actor Disqualification definition
Bad Actor Disqualification means any “bad actor” disqualification described in Rule 506(d)(1)(i) through (viii) under the Securities Act.
Bad Actor Disqualification means any disqualification set forth in Rule 506(d) of Regulation D;
Bad Actor Disqualification means any “bad actor” disqualification described in Rule 506(d)(1) through (viii) under the
Examples of Bad Actor Disqualification in a sentence
Each Investor that is, or will following a Closing (as defined in the Purchase Agreement) be, a beneficial owner of 20% or more of the Company’s outstanding voting equity securities, calculated on the basis of voting power, will promptly notify the Company in writing if it or, to its knowledge, any person specified in Rule 506(d)(1) under the Securities Act becomes subject to any Bad Actor Disqualification.