Qualifying Private Placement definition

Qualifying Private Placement means a private placement, following an Initial US Offering of US Listed Securities.

Qualifying Private Placement means a private placement in the amount of not less than $10,000,000 to Persons unrelated to the Lender of shares of common stock or any other class of equity securities of the Borrower.

Qualifying Private Placement means a private placement of equity securities of the Company for cash, excluding the issuance of stock upon the exercise of options issued by the Company to employees, officers or directors or pursuant to any stock plan approved by the Board of Directors of the Company or the exercise of warrants issued by the Company in connection with bona fide vendor, leasing or lending transactions.

Examples of Qualifying Private Placement in a sentence

• The Loan and the Interest shall be pay in full on the Repayment Date which shall occur on the earliest of (i) six months from the date hereof; or (ii) the Borrower receives gross proceeds of US$15,000,000 from a Qualifying Private Placement.

• The Holdco Common Stock comprising the Aggregate Transaction Consideration to be issued pursuant to this Agreement and any Holdco Common Stock to be issued in connection with a Qualifying Private Placement, if applicable, shall have been approved for listing on Nasdaq, subject only to official notice of issuance thereof.

• In the event a Fairness Hearing is not held or the Corixa Shares issued pursuant to the exercise of the Call Option do not qualify for the benefits of Section 3(a)(10) of the Act, Corixa, at its expense, will grant the Securityholders the same registration rights granted by Corixa to investors in the Qualifying Private Placement, provided that such registration rights are at least as favorable as the registration rights granted to investors in Corixa in the Corixa Rights Agreement.

• At any time, after the Borrower has done a Qualifying Private Placement and prior to the Maturity Date, at the request of the Lender, it may convert the Note in whole or in part, inclusive of accrued interest to the date of prepayment, into common stock or, at its selection, any other then outstanding stock of the Borrower more senior of the common stock (the "Conversion Stock"), on ten days prior written notice given to Borrower.

• Notwithstanding anything to the contrary in this Agreement, SPAC shall be permitted to enter into customary subscription agreements with one or more financing sources with respect to, and to consummate, a Qualifying Private Placement transaction.

More Definitions of Qualifying Private Placement

Qualifying Private Placement means a security—

Qualifying Private Placement means a private placement or placements of shares of SPAC Class A Common Stock, pursuant to customary subscription agreement(s) with investor(s), to be consummated substantially simultaneously with the Closing, in which no shares of SPAC Class A Common Stock are sold to investors at a price of less than ten dollars ($10.00) per share.

Qualifying Private Placement means a Private Placement after the date hereof but prior to the first anniversary of the Activation Date, involving the issuance by the Company of Common Stock or shares of the Company's Non- Coupon Preferred Stock solely for cash, and in which the gross proceeds to the Company are not less than $5 million, at least half of which comes from new investors. Qualifying Private Placement shall include a Private Placement that has multiple closings for the sale of shares of the same securities at the same price within any six-month period. For the avoidance of doubt, a transaction or series of related transactions involving the issuance of Common Stock or shares of the Company's Non-Coupon Preferred Stock shall not be deemed to constitute a Qualifying Private Placement if, as part of such transaction or series of transactions, the purchaser receives anything of value (including, without limitation, any rights with respect to the Company's intellectual property or the manufacturing, marketing or sale of the Company's products) other than the Common Stock or Non-Coupon Preferred Stock being sold in such transaction(s).

Qualifying Private Placement has the meaning specified in Section ---------------------------- 5.05(a).

Qualifying Private Placement means the issuance of equity securities by Intellisys to one or more investors (other than upon the exercise of options or warrants) in a transaction acceptable to Lender and that results in the receipt by Intellisys of at least Fifteen Million Dollars ($15,000,000) in net proceeds (after deduction of fees and commissions).

Qualifying Private Placement means the most recent equity financing by Corixa pursuant to which Corixa receives at least $[***] of funding and in which at least [***] of the invested amount is from investors that are not pharmaceutical (or biotechnology) companies (or Affiliates thereof) and that have not previously invested in Corixa and have not entered into a collaboration or contractual arrangement with Corixa; provided, however, that [***] is deemed to be a Qualifying Private Placement; and provided further, however, that [***].

Qualifying Private Placement means the private sale of Ordinary Shares by the Company to one or more investors (who shall be unaffiliated bona fide third party purchasers) in one or a series of related bona fide transactions pursuant to which the Company receives aggregate gross sales proceeds of at least US $100,000,000.