Portfolio Company Securities definition

Portfolio Company Securities means the shares of capital stock, SAFE Notes, promissory notes and/or warrants issued by the Portfolio Company to the Purchasers on or about the Effective Date and any other securities of the Portfolio Company into which the foregoing securities may be converted or that may be exchanged for the foregoing securities or that may be received upon exercise, conversion or exchange of the foregoing securities.
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Portfolio Company Securities means the instruments by which the Fund acquires shares of stock of the Portfolio Company, which may include, among other things: (i) forward purchase contracts with respect to Portfolio Company stock, or other securities that contemplate deliver of Portfolio Company stock in the future, (ii) Portfolio Company stock purchased upfront, (iii) securities convertible into or exchangeable for shares of Portfolio Company stock, or (iv) holding companies, funds, special purpose vehicles, or other entities that own any of the instruments mentioned in (i), (ii), or (iii). Portfolio Company Securities may be purchased from shareholders in private secondary transactions, or from the Portfolio Company in a primary issuance or from a company-facilitated tender offer. Other Definitions.
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Portfolio Company Securities means the securities issued or issuable to the Fund by the Portfolio Company. Other Definitions.
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Examples of Portfolio Company Securities in a sentence

  • As the Portfolio Company Securities do not trade on an active market, the Portfolio Company Securities are considered illiquid and there is no guarantee that any such price represents that value of the securities or what we could receive if we were to sell the securities.

  • It is possible that the value of the Portfolio Company Securities could have declined during this period between when they were acquired by the affiliate and when they are sold to the Fund.

  • Risk Related to our Offering We are purchasing the Portfolio Company Securities from an affiliate and the purchase is not an arm-length transaction.

  • The Fund will generally not have a distribution until it sells Portfolio Company Securities, meaning that investors will only generally receive distributions upon a Liquidity Event.

  • We are purchasing the Portfolio Company Securities from an affiliate at a price that is approximately 63% higher than the price (including transaction fees) such affiliate purchased the securities several months ago in the secondary market.

  • Though the Fund will not be actively managed each day, the price at which at the terms that the Fund can purchase the Portfolio Company Securities will be based on the skills of the Originator’s team.

  • Further, the affiliate may have overpaid for the Portfolio Company Securities at the time of purchase.

  • You will ultimately be dependent on the skills of the management of the Portfolio Companies, market and industry conditions related to the Portfolio Companies for the success of the Portfolio Company Securities.

  • These fees lower the value of your investment (compared to if you owned the Portfolio Company Securities directly).

  • Further, the Manager, will typically not actively be seeking for opportunities to sell Portfolio Company Securities, it is the current intention of the Manager that such exits will typically only occur on certain events, such as an IPO or a change of control.


More Definitions of Portfolio Company Securities

Portfolio Company Securities means the Ordinary Shares held by the Sale Company in the Portfolio Company which are more particularly detailed in Schedule D hereto.
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Portfolio Company Securities means the instruments by which the Fund acquires shares of stock of the Portfolio Companies, which may include, among other things: (i) forward purchase contracts with respect to a Portfolio Company stock, or other securities that contemplate deliver of a Portfolio Company stock in the future, (ii) a Portfolio Company stock purchased upfront,
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Portfolio Company Securities means, with respect to any Portfolio Company, all or any portion of the Securities of such Portfolio Company.
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Portfolio Company Securities means the common stock of TransAlta Corporation, a Canadian corporation, and/or such other securities that the Members may mutually agree upon.
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Related to Portfolio Company Securities

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • Company Shares has the meaning set forth in the Recitals.

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Investor Shares shall have the meaning given in the Recitals hereto.