Variable Rate Transactions definition
Variable Rate Transactions has the meaning contained in the Purchase Agreement.
Variable Rate Transactions shall have the meaning ascribed to such term in Section 4.11(b).
Variable Rate Transactions means transactions involving an offer to sell, sale, contract to sell, grant of any option to sell or other disposition of shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company at a price that is based upon and/or varies with the trading prices of or quotations for the Company’s capital stock at any time after the initial issuance of such debt or equity securities, including, without limitation, any equity-line-of-credit transactions or “at-the-market” transactions or programs.
Examples of Variable Rate Transactions in a sentence
The Company shall not enter into any Variable Rate Transactions, except as otherwise expressly permitted under the Purchase Agreement.
More Definitions of Variable Rate Transactions
Variable Rate Transactions means, other than any transactions relating to de-SPAC advisor fee equitizations, a transaction in which the Company (i) issues or sells any equity or debt securities that are convertible into, exchangeable or exercisable for, or include the right to receive additional Ordinary Shares either (A) at a conversion price, exercise price, exchange rate or other price that is based upon and/or varies with the trading prices of or quotations for the Ordinary Shares at any time after the initial issuance of such equity or debt securities, or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such equity or debt security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Ordinary Shares (including, without limitation, any “full ratchet” or “weighted average” anti-dilution provisions, but not including any standard anti-dilution protection for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction), (ii) enters into any agreement, including but not limited to an “equity line of credit,” “ATM agreement” or other continuous offering or similar offering of Ordinary Shares, or (iii) enters into or effects any forward purchase agreement, equity pre-paid forward transaction or other similar offering of securities where the purchaser of securities of the Company receives an upfront or periodic payment of all, or a portion of, the value of the securities so purchased, and the Company receives proceeds from such purchaser based on a price or value that varies with the trading prices of the Ordinary Shares.
Variable Rate Transactions has the meaning contained in the Purchase
Variable Rate Transactions means a transaction in which the Company issues or sells any debt or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive additional shares of Common Stock either (A) at a conversion price, exercise price or exchange rate or other price that is based upon and/or varies with the trading prices of or quotations for the shares of Common Stock at any time after the initial issuance of such debt or equity securities or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock.