Qualified Holder means any person who:
Qualified Holder means any person, corporation or entity other than a person,
Qualified Holder means each Holder, including each “beneficial holder” of Warrants, taken together with all Affiliates of such Holder and/or “beneficial holder of at least [●] Warrants, provided such Holder has notified the Company of such minimum ownership, either directly or by virtue of filing a Schedule 13G or 13D at least three (3) days before an event described herein to which Qualified Holder status applies.
Examples of Qualified Holder in a sentence
The Directors may decline to register any transfer of Shares to any person or entity that is not a Qualified Holder.
If the Company becomes aware that any Shares are or might be held by a person who is not a Qualified Holder it may redeem such Shares on notice in writing to the investor concerned.
Shares are freely transferable (with the exception that Shares may not be transferred to any person who is not a Qualified Holder, as defined under paragraph "Subscription Procedure").
The Directors may decline to register any transfer of a Share where they reasonably believe that such transfer would result in the legal or beneficial ownership of such Share by a person who is not a Qualified Holder or expose the Company to adverse tax or regulatory consequences.
Persons dealing in Recognised Clearing Systems may be required to provide a representation that any transferee is a Qualified Holder.
More Definitions of Qualified Holder
Qualified Holder means a Holder whose Registrable Securities have a market value of at least $3,000,000 based on the average closing price of the Common Stock for the ten (10) trading days ending on the trading day prior to the date on which notice is sent pursuant to Section 2.2(a)(ii), with such number of Registrable Securities calculated, for the avoidance of doubt, in accordance with Section 3.14.
Qualified Holder means (i) each Person who initially acquires Series D Preferred Stock from the Corporation and (ii) any other holder of Series D Preferred Stock who, together with its Affiliates, owns Series D Preferred Stock with an aggregate Original Cost of $1,000,000 or more.
Qualified Holder means a holder of an evidence of debt, certificate of purchase, certificate of redemption, or confirmation deed that is also one of the following:
Qualified Holder means a holder of an evidence of debt,
Qualified Holder means each Holder, including each “beneficial holder”, together with all Affiliates of such Holder and/or “beneficial holder”, that purchased Qualified Warrants in connection with the Offering, provided such Qualified Holder continues to hold any Offering Warrants as of the event described herein to which Qualified Holder status applies. For the sake of clarity, no holder shall be considered to be a Qualified Holder for more Offering Warrants than the number of Qualified Warrants purchased by such Qualified Holder in the Company’s initial public offering; provided, however, that a Qualified Holder may sell and buy Offering Warrants following completion of the Offering, and such Offering Warrants shall benefit from adjustments hereunder up to the number of Qualified Warrants for such Qualified Holder.
Qualified Holder means each Holder, including each “beneficial holder”, together with all Affiliates of such Holder and/or “beneficial holder”, that purchased Qualified Warrants in connection with the Offering, provided such Qualified Holder continues to hold any Warrants as of the event described herein to which Qualified Holder status applies. For the sake of clarity, no holder shall be considered to be a Qualified Holder for more Warrants than the number of Qualified Warrants purchased by such Qualified Holder in the Company’s initial public offering; provided, however, that a Qualified Holder may sell and buy Warrants following completion of the Offering, and such Warrants shall benefit from adjustments hereunder up to the number of Qualified Warrants for such Qualified Holder.
Qualified Holder means (a) any Participant or any Beneficiary(ies) or personal representative of a deceased Participant who has received a distribution of Stock from the Plan), (b) any other party to whom such Stock is transferred by gift or by reason of death, and (c) any trustee of an individual retirement account (as defined under Code Section 408) to which all or any portion of such distributed Stock is transferred pursuant to a Rollover Contribution.