Examples of Company Sale Transaction in a sentence

This Agreement, and the respective rights and obligations of the parties hereto, shall terminate upon the earliest to occur of the following: (i) a Qualified Offering; or (ii) a Company Sale Transaction.
If a Company Sale Transaction occurs prior to a Financing, the Warrant shall be exercisable for Seed Preferred Shares on the terms described herein and in the Note Purchase Agreement.
The shape of a node represents its kind: a propagator node is a rectangle, a variable node an ellipse, and an event node a rhombus.
As security for the loan, the shareholders have pledged their shares of the Corporation.
If, prior to a Financing, there is a Company Sale Transaction, the Warrant shall be immediately exercisable into Seed Preferred Shares, at an exercise price equal to $0.64 per share.

More Definitions of Company Sale Transaction

Company Sale Transaction means a Sale Transaction that is (A) approved by the Independent Committee (as defined in the Confidentiality and Standstill Agreement described below) or (B) in which the holders of a majority of the Common Stock (excluding any shares beneficially owned by SOCO or any subsidiary thereof) sell or otherwise transfer their shares pursuant to such Sale Transaction.

Company Sale Transaction means, with respect to the Company, a transaction or series of related transactions pursuant to which (i) the Company effects a sale of all or substantially all of its assets or an exclusive license of all or substantially all of its Intellectual Property Rights, (ii) the Company effects a merger or consolidation of the Company with or into another Person whereby the Company is not the surviving entity, (iii) the Company allows another Person or Persons to make a purchase, tender or exchange offer that is accepted by the holders of more than the 50% of the outstanding shares of Common Stock on a fully-converted basis (not including any shares of Common Stock held by the Person or Persons making or party to, or associated or affiliated with the Person or Persons making or party to, such purchase, tender or exchange offer) or (iv) the Company executes a stock purchase agreement or effects a business combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with another Person whereby such other Person acquires more than 50% of the outstanding shares of Common Stock on a fully-converted basis (not including any shares of Common Stock held by the other Person or other Persons making or party to, or associated or affiliated with the other Persons making or party to, such stock purchase agreement or other business combination).

Company Sale Transaction means (i) any merger, consolidation, recapitalization, sale of equity or other transaction or series of transactions in which the holders of the outstanding equity of the Company immediately prior to such transaction do not own a majority of the outstanding equity of the surviving entity after the closing of such transaction, or (ii) a sale or disposition of all or substantially all of the Company's assets, or (iii) a sale or disposition of all or substantially of the Company's assets related to its oral cancer business, in each case, to any person a majority of the outstanding equity of which is not owned by persons who owned a majority of the outstanding equity of the Company before the transaction. * The confidential portion has been so omitted and filed separately with the Securities and Exchange Commission (“SEC”).

Company Sale Transaction means any transaction constituting a Class A Change in Control, a sale of all outstanding Membership Units to a third party purchaser, a merger, consolidation, joint venture or similar transaction involving the Company, a sale of all or substantially all assets of the Company or other transaction resulting in a Change in Control of the Company or disposition of the assets or business of the Company.

Company Sale Transaction means (i) the Transfer of all of the then outstanding shares of the Equity Stock of the Company or any Subsidiary or Subsidiaries of the Company that together comprise substantially all of the business of the Company (the "Transferred Business") to one or more persons that did not Control, were not Controlled by and were not under common Control with, the Company prior to such Company Sale Transaction (each, an "Independent Third Party"), (ii) a merger or consolidation of the Transferred Business in which the holders of the Equity Stock prior to such transaction hold less than fifty percent (50%) of the equity securities in the entity resulting from such transaction or (iii) the sale or other Transfer of all or substantially all of the assets and business of the Transferred Business to an Independent Third Party. For purposes of the foregoing, the term "Control" shall mean direct or indirect ownership of a majority of the voting equity securities of another entity, the ability to appoint a majority of the board of directors or similar governing body of such entity, or the ability, through contract or otherwise, to direct the management of such entity.

Company Sale Transaction means (a) a transaction in which KAC or KACC (if KACC is a Subsidiary of KAC immediately prior to such transaction) (i) sells or otherwise disposes of all or substantially all of its business or operating assets (other than to one or more Subsidiaries) or (ii) merges or consolidates with another entity and as a result of consummation of such merger or consolidation a Change in Control occurs, (b) a tender offer, exchange offer or other transaction in which all holders of Shares have the right to receive cash, securities or other property in respect of their Shares and as a result of consummation of such transaction a Change in Control occurs or (c) a transaction determined by the Board of Directors to be similar or substantially equivalent to a transaction contemplated by clause (a) or clause (b) of this sentence.