final exit definition
final exit means a point of discharge for the escape route from a building providing direct access to the street, passage-way or open steps sited to enable the evacuation of persons from the vicinity of a building so that they are safe from fire or smoke;
final exit means an exit from a building to an open place at ground level,
final exit means a bona fide, arm’s length sale to a Person who is an Independent Third Party, or group of Persons who are not Affiliates of an Investor, of the Company involving (i) a sale of assets pursuant to which such party or parties acquire all of the assets of the Company and its Subsidiaries on a consolidated basis in one transaction or series of related transactions; (ii) any sale of all of the Securities in one transaction or series of related transactions; or (iii) a merger or consolidation which accomplishes one of the foregoing.
More Definitions of final exit
final exit. : In respect of an Investor, means a sale or redemption of any of the Investor’s Securities, following which the Investor does not hold any Tranche 1 Convertible Bonds, Tranche 2 Convertible Bonds, Warrants, Conversion Shares or Warrant Shares
final exit has the meaning given in Clause 7.11;
final exit. , in respect of an Investor, means a sale or redemption of any of the Investor’s Securities, following which the Investor does not hold any Tranche 1 CBs, Tranche 2 CBs, Warrants, Conversion Shares or Warrant Shares;
final exit means the termination of an escape route from a building giving direct access to a street, passageway, walkway or space sited so as to ensure the rapid dispersal of persons from the vicinity of a building, or so that they are no longer in danger from fire, smoke or collapse of the building or its elements.
final exit means the main escape route to safety
final exit means the completion of any of the following events (whichever is earlier):
final exit means an unenclosed space in the open air at ground level;