Qualified Stock Exchange definition
Examples of Qualified Stock Exchange in a sentence
Each of the Shareholders agrees to use its reasonable best efforts to cause an IPO of the Company on the Qualified Stock Exchange (“IPO”) as soon as practicable and no later than the second anniversary of the Tencent Closing Date.
Purchaser is in compliance with the listing or maintenance requirements of the Qualified Stock Exchange, except as would not reasonably be expected to result in the delisting of Purchaser’s Common Stock from the Qualified Stock Exchange.
Other than such filings and notifications as have occurred (and will be supplemented following the execution of this Agreement), no consent, approval, authorization or order of, or filing, notification or registration with, the Qualified Stock Exchange is required for the quoting of Purchaser’s Common Stock on the Qualified Stock Exchange.
So long as any of the Notes remain outstanding, the Notes shall be listed on a Qualified Stock Exchange.
For the avoidance of doubt, upon the consummation of the Qualified IPO, any Shareholder may freely Transfer any Equity Securities of the Company now or hereafter owned or held by it (or any voting rights attached thereto) provided that it complies with the applicable rules of the Qualified Stock Exchange where the Company is listed, and the foregoing transfer restrictions as set forth in this Section 7.1(iii), and the Right of First Offer as mentioned below in Section 7.2A will no longer apply.