Examples of Qualified Sale in a sentence
For purposes of determining the number of Common Shares outstanding pursuant to the immediately preceding sentence, Common Shares issuable upon the exercise of Warrants, options or other rights to acquire Common Shares, or upon the conversion or exchange of any security outstanding as of the time of delivery of the Qualified Sale Notice, shall not be deemed to be outstanding.
Qualified Sale Agent has the meaning given to it in the Instalment Warrant Deed.
If there shall occur a Sale with respect to WPI that is not a Qualified Sale.
Sections 4(c) and 4(d) shall terminate upon the earlier to occur of: (i) immediately prior to the consummation of a Qualified Sale; or (ii) the closing of a Qualified Offering.
All rights under this Section 3 of the LLC and/or its assignees to repurchase Executive Securities (including both Vested Securities and Unvested Securities) shall terminate upon a Qualified Sale of the Corporation.