Qualified Transaction. A “Qualified Transaction” shall mean the Company’s receipt of at least $2,500,000 in proceeds from: (i) a sale by the Company, in one or more related transactions, of a new series of preferred stock (the “Qualified Stock”) in a financing event (the “Qualified Financing”); or (ii) a combination of (a) a sale of Qualified Stock as described in Section 4.2(i), and (b) the sale by the Company of some or all of its assets and/or business operations in materials for anti-static polymers.
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Samples: Subscription Agreement (Arrowhead Research Corp), Subscription Agreement (Arrowhead Research Corp)
Qualified Transaction. A “Qualified Transaction” shall mean the Company’s receipt of at least $2,500,000 7,000,000 in proceeds from: (i) a sale by the Company, in one or more related transactions, of a new series of preferred stock (the “Qualified Stock”) in a financing event (the “Qualified Financing”); or (ii) a combination of (a) a sale of Qualified Stock as described in Section 4.2(i), and (b) the sale by the Company of some or all of its assets and/or business operations in materials for anti-static polymers.
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Samples: Subscription Agreement, Subscription Agreement (Arrowhead Research Corp)
Qualified Transaction. A “Qualified Transaction” shall mean the Company’s receipt of at least $2,500,000 500,000 in proceeds from: (i) a sale by the Company, in one or more related transactions, of a new series of preferred stock (the “Qualified Stock”) in a financing event (the “Qualified Financing”); or (ii) a combination of (a) a sale of Qualified Stock as described in Section 4.2(i), and (b) the sale by the Company of some or all of its assets and/or business operations in materials for anti-static polymers.
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