Examples of Qualified Public Offering in a sentence
This change in fair value is due to the increased likelihood of a Realization Event, which is defined as a Qualified Public Offering or a Sale Transaction in the Onex Purchase Agreement.
The Company hereby grants to each Class A Member (each, a “Pre-emptive Member”) the right to purchase its Pro Rata Portion of any New Securities that the Company or any Company Subsidiary may from time to time propose to issue or sell to any party between the date hereof and the consummation of a Qualified Public Offering.
This Section 2.3 and the rights and obligations of the parties hereunder shall automatically terminate on the consummation of a Qualified Public Offering.
The amount of Capital Stock to be exchanged for the Securities shall equal the product of (A) the Instrument Distribution Percentage and (B) the total amount of Fully-Diluted Capital Stock of the Company in existence upon consummation of the Qualified Public Offering less any primary Capital Stock issued in such Qualified Public Offering.
The Company hereby grants to each Class A Member, each Class C Member and each Converted Common Member (each, a “Pre-emptive Member”) the right to purchase its Pro Rata Portion of any New Securities that the Company or any Company Subsidiary may from time to time propose to issue or sell to any party between the date hereof and the consummation of a Qualified Public Offering.