Strategic Equity Investor definition
Examples of Strategic Equity Investor in a sentence
Neither the Equity Commitment nor the Stock Purchase (as defined in the Equity Commitment) shall constitute an investment or any part of any investment by a Strategic Equity Investor.
Any such redemption may only be effected once and must be effected upon not less than 30 nor more than 60 days' notice given within 30 days after the last such Equity Offering or sale to a Strategic Equity Investor, as the case may be, resulting in gross proceeds of $100.0 million or more.
The Company and its Subsidiaries may not, directly or indirectly, engage in any business other than the Wireless Cable Business; provided that in the event a Change of Control occurs in which a Strategic Equity Investor gains control of the Company this covenant shall no longer be of force or effect.
To effect the foregoing redemption, the Company must mail a notice of redemption not later than 60 days after the consummation of any Public Equity Offering or sale of Common Stock to a Strategic Equity Investor that resulted in the requisite gross proceeds.
In order to effect the foregoing redemption with the net proceeds of a Public Equity Offering or an investment by a Strategic Equity Investor, the Company shall send the redemption notice not later than 60 days after the consummation thereof.