Examples of Qualified Private Placement in a sentence
The Holder shall have sixty (60) days after the consummation of the receipt of $500,000 in the Qualified Private Placement stock offering from a call issued under this Section 2 to exercise this Warrant, if the Warrant is not called pursuant to this provision within eighteen months from the Grant Date, the Warrant will have an Expiration Date as defined in Section 1 and will remain exercisable at any time.
The Warrant shall be callable, at the option of the Company, in the first year from the Grant Date, if prior to the expiration of such year the Company secures and receives funding of at least $500,000 from a Qualified Private Placement sale of its common stock.
The Investor acknowledges that the entire outstanding principal balance of the Notes and the unpaid accrued interest on the outstanding principal balance of the Notes shall be automatically converted into shares of Common Stock of GTS on the date of the closing of the Qualified Private Placement without any further action on the part of the Investor.
The Company will give written notice to the holder of the Warrant at least 20 days prior to the date on which any Qualified Private Placement is consummated.
Holdings agrees to notify Executive in writing within five days after the completion of a Qualified Private Placement and the imputed price of the Preferred Units of Executive and the Executive Family Limited Partnership.