Qualified Equity Securities definition

Qualified Equity Securities means any Equity Interest that is not Disqualified Equity Securities.

Qualified Equity Securities means any Equity Securities of the Borrower other than Disqualified Equity Securities.

Qualified Equity Securities set forth in Section 1.02 of the Credit Agreement shall be amended by amending and restating the first parenthetical contained therein as follows: (other than Disqualified Capital Stock and Equity Interests the net cash proceeds of which constitute Oscar Equity Proceeds or Xxxx Equity Proceeds)

Examples of Qualified Equity Securities in a sentence

• The number of shares of Qualified Equity Securities into which this Note may be converted shall be determined by dividing the principal amount of this Note then outstanding and being converted, plus, all accrued interest to the date of conversion, by the amount equal to 100% of the per share sale price of the Qualified Equity Securities.

• Such Tangible Net Worth requirements set forth above shall be increased by (i) fifty percent (50%) of positive quarterly Net Income; and (ii) fifty percent (50%) of the net proceeds from issuances of equity securities (excluding Qualified Equity Securities), of the Borrower and/or Subordinated Debt issued or incurred after the Effective Date.

• Subject to the provisions set forth in this Section 5, the Holder shall have the right, at the Holder's option, to convert this Note, in whole or in part upon the consummation of a Qualified Equity Financing, into fully paid and nonassessable shares of the equity security issued and sold by the Company in connection with such Qualified Equity Financing (the "Qualified Equity Securities").

• If the Company consummates a Qualified Financing prior to the Maturity Date, then, upon the closing of such Qualifying Financing, the Outstanding Balance shall automatically convert into that number of shares of such Qualified Equity Securities obtained by dividing the Outstanding Balance by the Conversion Price, rounded down to the nearest whole share.

• In the event that more than one class or series of equity securities are issued in a Qualified Financing, then the portion of this Note convertible into each such class or series shall correspond to the percentage that each such class or series represents of all of the New Qualified Equity Securities so issued calculated based on the gross proceeds to the Company derived from each such class and series.

More Definitions of Qualified Equity Securities

Qualified Equity Securities means either of the following types of equity securities of the Borrower sold in a public or private offering (other than securities issued as a result of the exercise of stock options):

Qualified Equity Securities means the Equity Securities sold in a Qualified Financing.

Qualified Equity Securities means one or more Securities issued by the Company consisting solely of (a) common stock, (b) Qualified Preferred Stock, (c) warrants to acquire common stock or Qualified Preferred Stock or (d) any combination of Securities referred to in clauses (a), (b) and (c) above.

Qualified Equity Securities means equity securities of Borrower issued after the Effective Date pursuant to the exercise of options granted to directors, officers and employees pursuant to board approved stock option plans in effect as of the Effective Date.

Qualified Equity Securities means all capital stock and equity securities of Buyer (including, without limitation Buyer’s ordinary shares and Series B Preferred Shares as-if-converted) and all convertible debt, options or warrants or other rights, agreements, arrangements or commitments to issue capital stock or equity securities of Buyer for which the conversion price or exercise price, as the case may be, is below the price per ordinary share of the Acquisition Financing.

Qualified Equity Securities means those equity securities issued by the Company in connection with a Qualified Equity Financing.

Qualified Equity Securities means either of the following types of equity securities of the Guarantor sold in a public or private offering: