Qualifying Private Placement definition

Qualifying Private Placement means a private placement, following an Initial US Offering of US Listed Securities.

Qualifying Private Placement means a private placement of equity securities of the Company for cash, excluding the issuance of stock upon the exercise of options issued by the Company to employees, officers or directors or pursuant to any stock plan approved by the Board of Directors of the Company or the exercise of warrants issued by the Company in connection with bona fide vendor, leasing or lending transactions.

Qualifying Private Placement means a security—

Examples of Qualifying Private Placement in a sentence

• The Holdco Common Stock comprising the Aggregate Transaction Consideration to be issued pursuant to this Agreement and any Holdco Common Stock to be issued in connection with a Qualifying Private Placement, if applicable, shall have been approved for listing on Nasdaq, subject only to official notice of issuance thereof.

• In the event a Fairness Hearing is not held or the Corixa Shares issued pursuant to the exercise of the Call Option do not qualify for the benefits of Section 3(a)(10) of the Act, Corixa, at its expense, will grant the Securityholders the same registration rights granted by Corixa to investors in the Qualifying Private Placement, provided that such registration rights are at least as favorable as the registration rights granted to investors in Corixa in the Corixa Rights Agreement.

• At any time, after the Borrower has done a Qualifying Private Placement and prior to the Maturity Date, at the request of the Lender, it may convert the Note in whole or in part, inclusive of accrued interest to the date of prepayment, into common stock or, at its selection, any other then outstanding stock of the Borrower more senior of the common stock (the "Conversion Stock"), on ten days prior written notice given to Borrower.

• Notwithstanding anything to the contrary in this Agreement, SPAC shall be permitted to enter into customary subscription agreements with one or more financing sources with respect to, and to consummate, a Qualifying Private Placement transaction.

• The Loan and the Interest shall be pay in full on the Repayment Date which shall occur on the earliest of (i) six months from the date hereof; or (ii) the Borrower receives gross proceeds of US$15,000,000 from a Qualifying Private Placement.

More Definitions of Qualifying Private Placement

Qualifying Private Placement means a private placement in the amount of not less than $10,000,000 to Persons unrelated to the Lender of shares of common stock or any other class of equity securities of the Borrower.

Qualifying Private Placement means a private placement or placements of shares of SPAC Class A Common Stock, pursuant to customary subscription agreement(s) with investor(s), to be consummated substantially simultaneously with the Closing, in which no shares of SPAC Class A Common Stock are sold to investors at a price of less than ten dollars ($10.00) per share.

Qualifying 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.

Qualifying Private Placement means the issuance of equity securities by Intellisys to one or more investors (other than upon the exercise of options or warrants) in a transaction acceptable to Lender and that results in the receipt by Intellisys of at least Fifteen Million Dollars ($15,000,000) in net proceeds (after deduction of fees and commissions).

Qualifying Private Placement means the private sale of Ordinary Shares by the Company to one or more investors (who shall be unaffiliated bona fide third party purchasers) in one or a series of related bona fide transactions pursuant to which the Company receives aggregate gross sales proceeds of at least US $100,000,000.

Qualifying Private Placement means the most recent equity financing by Corixa pursuant to which Corixa receives at least $5,000,000 of funding and in which at least forty percent (40%) of the invested amount is from investors that are not pharmaceutical (or biotechnology) companies (or Affiliates thereof) and that have not previously invested in Corixa and have not entered into a collaboration or contractual arrangement with Corixa; provided, however, that the equity financing wherein S.R. One, Limited purchased shares of Series B Preferred Stock of Corixa at $3.00 per share (the "SR One Price") on May 10, 1996 is deemed to be a Qualifying Private Placement; and provided further, however, that the S.R. One Price will be reduced to $2.50 per share in the event Corixa does not enter into Major Strategic Collaboration with respect to the development of a cancer vaccine on or before June 30, 1997.

Qualifying Private Placement has the meaning specified in Section ---------------------------- 5.05