Nasdaq Approval definition

Nasdaq Approval means approval of the transactions contemplated by the Stock Purchase Agreement by the shareholders of the Corporation pursuant to NASDAQ Rule 4460(i)(D).

Nasdaq Approval means the approval by the NASDAQ of the Company’s additional listing applications with regard to the issuance of the Securities.

Nasdaq Approval has the meaning ascribed to it in Section 6.3(j).

Examples of Nasdaq Approval in a sentence

• Prior to the receipt of the Requisite Nasdaq Approval, no Investor shall convert any Preference Share or exercise any Class A Warrant, if the number of Common Shares to be issued to such Investor upon such conversion or exercise, together with all Common Shares issued upon prior conversions or exercise by such holder, would exceed such Investor's Permissible Conversion Amount.

• On the Nasdaq Approval Date, any adjustment to the Exercise Price that would have been made pursuant to this Section 2(b) but for this Section 2(b)(vii) shall be made.

• If Borrower is unable to obtain Nasdaq Approval to issue Common Stock to the Holder in excess of the Nasdaq 19.99% Cap, any remaining outstanding balance of this Note must be repaid in cash at the request of the Holder.

• The Nasdaq Approval shall have been obtained and shall be in full force and effect.

• Notwithstanding anything to the contrary contained in this Note or the other Transaction Documents, Holder and Borrower agree that the total cumulative number of shares of Common Stock issued to Holder hereunder together with all other Transaction Documents may not exceed the requirements of Nasdaq Listing Rule 5635(d) (“Nasdaq 19.99% Cap”), except that such limitation will not apply following Nasdaq Approval.

More Definitions of Nasdaq Approval

Nasdaq Approval means that NASDAQ has confirmed or acknowledged to the sole satisfaction of Buyer, that the closing of this Agreement and the Other Asset Purchase Agreements will not violate or conflict with the continued listing requirements or corporate governance policies of NASDAQ to maintain the listing of Parent common stock or otherwise jeopardize the continued listing of the Parent common stock.

Nasdaq Approval has the meaning set forth in Section 7.2(c).

Nasdaq Approval means approval from Nasdaq for the continued listing of the Acquirer Common Stock (including the shares of Acquirer Common Stock comprising the Merger Consideration) on Nasdaq following the consummation of the Merger and the other Transactions (subject to official notice of issuance).

Nasdaq Approval has the meaning ascribed to it in the 2018 Investment Agreement.

Nasdaq Approval means the approval by the NASDAQ of the Company’s additional listing applications with regard to the issuance of the Securities. “Per Share Purchase Price” equals $0.85, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

Nasdaq Approval means the date in which the Company receives approval from Nasdaq to issue all of the securities and the underlying shares of Common Stock contemplated by this Amendment. Zoltek shall use its best efforts to obtain the Nasdaq Approval as promptly as possible. To the extent Nasdaq requires Zoltek to obtain the consent of its shareholders, Zoltek hereby agrees that the provisions of Section 5(b)(iii) of the April I Notes shall apply and are hereby incorporated into this Amendment.

Nasdaq Approval shall have the meaning set forth in Section 5.1.