Qualified Private Placement definition

Qualified Private Placement means the issuance and sale by the Company of shares of Common Stock in an offering not required to be registered under the Securities Act.
Qualified Private Placement means a private placement in the amount of not less than $15,000,000 to Persons unrelated to the Lender of Qualifying Shares.
Qualified Private Placement means any non-public sale of shares of --------------------------- any class of Borrower's capital stock or indebtedness yielding gross cash proceeds to Borrower of at least Ten Million Dollars ($10,000,000).

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.


More Definitions of Qualified Private Placement

Qualified Private Placement means a Private Placement yielding to the Company gross proceeds of at least US10 million of which at least US$5 million are invested by third parties who are not shareholders of the Company prior to the date hereof;
Qualified Private Placement. An offering and sale for cash of shares of Common Stock pursuant to an exemption from registration under the Securities Act where the gross proceeds to the Company or its Stockholders exceed $7,500,000.
Qualified Private Placement means the closing of a sale by the Company of any debt and/or equity securities of the Company that (i) does not constitute a Qualified Public Offering and (ii) raises gross proceeds (proceeds before discounts, commissions and offering expenses) of at least $5 million.
Qualified Private Placement means a private placement of securities of eCom as described in the Private Placement Memorandum in which the gross proceeds to eCom are not less than $15 million and not more than $33.33 million.
Qualified Private Placement means any non-public sale of shares of any class of the Company's capital stock yielding gross proceeds to the Company of at least $10,000,000.
Qualified Private Placement means a sale of Common Stock by GE Capital in a private placement which shall occur contemporaneously with a private placement by the Company whereby (i) the Common Stock is sold on behalf of GE Capital at the price per share of Common Stock received by the Company less placement agent fees applicable to such shares (which shall not exceed 6%) and (ii) GE Capital shall not be required to make any representations or warranties or indemnify any party with respect to the sale of its shares other than customary representations and warranties regarding its ownership of its shares of Common Stock sold thereunder, its authority to sell such shares, and that such shares are being sold free and clear of all liens and encumbrances, except as provided by applicable securities laws.
Qualified Private Placement means the closing of any privately arranged financing transaction or series of transactions raising aggregate proceeds of at least $15 million.