Examples of Trade Sale in a sentence
In the event that any Group Company receives from the Trade Sale consideration in the form of other equity interest, stock or other equity securities of other companies (the “Securities”), the Investors shall have the option to elect the Securities, cash or a combination of both as the form of payment for their applicable Preference Amount under Section 4.6(i).
The rights granted under Clauses 5.1 and 5.2 shall expire immediately upon the occurrence of a Qualified IPO or a Trade Sale.
Recall that E 's outside option payo is denoted by πj, where j = {HQ, IN, IPO}.Initially, suppose that CVC will exit via a Trade Sale to IN in the continuationgame.
Note that the optimal e ort level in case of a Trade Sale does not include any debt payments or E 's private bene t.3.2.3 Contract Stage ^CVC has to o er a contract that gives E at least the payo accrued from contracting with IVC.
In line with this, if the private bene t increases or if the innovation becomes stronger, then E will increase the e ort level.Analogously, I compute the optimal e ort if the CVC decides to exit via a Trade Sale.