Qualified Sale means a sale made by a qualified person through a charitable auction.
Qualified Sale. The sale of all or substantially all of assets or issued and outstanding capital stock of the Company, or merger or consolidation involving the Company in which stockholders of the Company immediately before such merger or consolidation do not own immediately after such merger or consolidation capital stock or other equity interests of surviving corporation or entity representing more than fifty percent in voting power of capital stock or other equity interests of such surviving corporation or entity outstanding immediately after such merger or consolidation.
Qualified Sale means a sale by the Founders to a third party which is not an Affiliate of the Company or any Shareholder that meets all of the following requirements:
Examples of Qualified Sale in a sentence
Representative understands and acknowledges that RingCentral shall have the right to reasonably modify the processes and documentation required to consummate a Qualified Sale.
A Product will be deemed “Sold” at the time LobbyGuard receives payment in full for the Product sold in a Qualified Sale.
If, during the term of this Agreement or the three month period immediately following the date this Agreement terminates, LobbyGuard receives the Referral Code from a Customer at the time such Customer purchases a Product (a “Qualified Sale”), Representative will receive a referral fee equal to $300 for each Product Sold in connection with such Qualified Sale (the “Referral Fee”).
All Service Fees due to Representative shall be paid within forty five (45) days after Distributor receives payment from Ring Central, due from a Customer subscribing to the Services following the conclusion of a Qualified Sale.
All aspects of order processing and fulfillment, including but not limited to sign-up, registration, purchase, fulfillment, cancellation, refunds and payment processing, access, interaction, general inquiries, and customer service and support will be the Company’s responsibility once a Qualified Sale occurs.
More Definitions of Qualified Sale
Qualified Sale means (i) any sale of all or substantially all of the assets of the Company or (ii) any sale, merger or liquidation of the Company with or into any entity (other than OCM Principal Opportunities Fund, L.P., TCW Special Credits Fund V - The Principal Fund, Logistical Simon, L.L.C., or any Affiliate of the foregoing) whereby such entity shall obtain (A) at least a majority of the voting stock of the surviving entity and (B) the right to elect a majority of the surviving entity's board of directors.
Qualified Sale means (i) any sale of all or substantially all of the assets of the Company or (ii) any sale, merger or liquidation of the Company with or into any entity other than OCM, TCW, WES&S, an OCM Affiliate, a TCW Affiliate or a WES&S Affiliate whereby such entity shall obtain (A) at least a majority of the voting stock of the surviving entity and (B) the right to elect a majority of the surviving entity’s board of directors.
Qualified Sale means the sale of the Services to a Prospective Customer by Representative. A Qualified Sale only occurs if Representative (i) registers the sales opportunity with RingCentral in accordance with the lead registration process set forth in the Rules of Engagement, and (ii) satisfies the Qualified Lead Protocol (as defined in the Rules of Engagement) with respect to such sales opportunity as set forth in the Rules of Engagement; (iii) the Prospective Customer chooses the Representative working under the Super Master Agent ID (“SMA ID”), as the partner of record for the account; and (iv) the Prospective Customer executes a sales agreement with the Avaya on behalf of RingCentral for its own use and not for resale.
Qualified Sale means any (1) Deemed Sale as described in subparagraph 3(D), or (2) actual sale (prior to any such Deemed Sale) of all or substantially all of the Property to an Applicable Purchaser that occurs after the thirty day period specified in subparagraph 3(A) and that: • results from NAI’s exercise of NAI’s Extended Remarketing Right as described in subparagraph 3(C); or • is approved in advance as a Qualified Sale by NAI; or • is to a third party which is not an Affiliate of BNPPLC and, if it is completed by a conveyance from BNPPLC prior to eighteen months after the Designated Sale Date, is for a price not less than the least of the following amounts:
Qualified Sale means a Sale of the Company to a Third Party Buyer in which (i) such Third Party Buyer is not an Investor Competitor (or is an Investor Competitor, if both (x) the Company has complied in all material respects with its obligations then in effect under Section 7.3 and (y) the Investor has delivered a Qualified Sale Participation Notice in connection with such Sale of the Company, even if the Investor or its Affiliates subsequently withdrew therefrom) and (ii) immediately following such Sale of the Company, (A) the Investor is afforded the right to retain all rights, title and interest in or to the Investor Shares owned by the Investor immediately prior to such Sale of the Company (or is granted the right to own equivalent economic and voting interests in such Third Party Buyer or its successor resulting from the transaction), (B) there shall not be any change to the rights and privileges of the Investor set forth in the Constituent Documents which are adverse to the Investor in any material respect and (C) the relative rights, preferences and privileges of all Investor Shares owned by the Investor immediately prior to such Sale of the Company remain the same in all material respects.
Qualified Sale means an issuance of shares of Common Stock by the Issuer or a sale of Common Stock by Carola, VAI or their respective Affiliates, resulting in more than 50% of the outstanding Common Stock then outstanding being held, directly or indirectly, by a Person other than Carola, the Institutional U.S. Investor, the MBO Investors or their respective Affiliates.
Qualified Sale means the sale of a mobile and manufactured home park to a resident organization with the goal of resident ownership by at least fifty-one percent (51%) of the homeowner households residing in the park.