Undervalue definition
Undervalue means a disposal at less than market value and where such disposal:
Examples of Undervalue in a sentence
To the extent the Investor, acting reasonably, believes the Company is about to undertake an Undervalue Funding Round, the Investor shall be entitled by serving a notice in writing on the Company to exercise a right of veto to prohibit such funding round being implemented.
To the extent an Investor, acting reasonably, believes the Company is about to undertake an Undervalue Funding Round, the Investor shall be entitled by serving a notice in writing on the Company to exercise a right of veto to prohibit such funding round being implemented.
Transfers at Undervalue The Company has not at any time after 6 April 1991 made a transfer at an undervalue so that section 125 of the TCGA could apply.