Capital Transactions. The net proceeds of Capital Transactions shall be distributed in the following order of priority:
Capital Transactions. In the event of a Capital Transaction (as defined in the Operating Agreement of the Company), the proceeds from such a Capital Transaction will first go to pay any indebtedness on the property involved in the Capital Transaction, then will be distributed as follows:
Capital Transactions. Neither the grant of this Warrant nor the issuance of Warrant Shares nor any other provision of this Warrant shall in any manner limit or affect the right of the Company to adjust, reclassify, recapitalize, restructure, reorganize or otherwise change its capital or business structure or issue options or warrants or other rights to its securities or to merge, consolidate, dissolve, liquidate or sell or transfer or otherwise dispose of all or any part of its stock, business or assets at any time.
Capital Transactions. (a) Buyer covenants to refrain from filing any registration statement on Form S-8 with the SEC until after the first anniversary of the Effective Time, and shall authorize no reverse stock split of the common stock or any other series of outstanding security or take any other actions dilutive of the common stock of Buyer or adversely effecting the rights of Series A or Series B preferred stock, until after the first anniversary of the Effective Time without the unanimous approval of the board of directors of Buyer.
Capital Transactions. 23.1 The College shall properly manage and develop its property with regard to good practice guidance in the further education sector and ensure that it maintains premises which are properly equipped in order to deliver the education and training for which it is funded by the ESFA.
Capital Transactions. Upon written notice by CMS to Customers at any time after May 20, 2013 in the event that either (i) Customers shall not have made the contemplated investment in CMS of $1.5 million of CMS Preferred Stock, or (ii) Customers and CMS shall not have agreed upon the terms of a $2 million senior secured lending facility that shall be made available to CMS from Customers.
Capital Transactions. For the purposes of this Limited Partnership Agreement, a "Capital Transaction" means any Partnership transaction(other than receipt of capital contributions) not in the ordinary course of its business, including, without limitation, refinancing of any loan secured by the Property or other Partnership property, Partnership borrowings, sales, exchanges or other dispositions of real or personal property, condemnations or similar eminent domain takings, recoveries of damage awards and insurance proceeds (other than business or rent interruption insurance proceeds), sales of easements, rights-of-way or similar interests in the Property or other Partnership property and any similar items which are, in accordance with generally accepted accounting practices, attributable to capital. 3.6
Capital Transactions. Engaging in any Capital Transaction shall require the affirmative vote or written consent of all Members;
Capital Transactions. Proceeds from a Terminating Capital Transaction and amounts available upon dissolution, and after payment of, or adequate provisions for, the debts and obligations of the Company, and after liquidation of any remaining assets of the Company, shall be distributed and applied in the following priority:
Capital Transactions. B6 Sigma shall have raised capital (gross proceeds) of at least $1,000,000 in a private offering of its securities.
