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).
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.
Then, E o ers a debt-equity mixed contract αIPO(D), whereΣ ΣD ∈ DHQ; DHQ if and only if BHQ ≤ B < BHQqΣDHQ; I Σ if and only if B ≥ BHQ Otherwise, IVC exits via a Trade Sale to HQ with a full-equity contract αHQ.
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.
Given this, IVC will either exit by a Trade Sale via HQ or via an IPO.• First, if B < BHQ, then the private bene t is too low and IVC will exit via a Trade Sale via HQ in the continuation game.

More Definitions of Trade Sale

Trade Sale has the meaning set forth in Section 4.1 hereof.

Trade Sale means (i) a sale, lease, transfer or other disposition of all or substantially all of the assets of the Group Companies as a whole, (ii) an exclusive licensing out of all or substantially all of the Intellectual Property of the Group Companies as a whole, (iii) any transaction (or a series of related transactions) in which a majority of the Company’s voting power or a majority of the voting power of any material Subsidiary of the Company is transferred to a third party (or multiple third parties) or to Tencent or its Affiliates (whether by share transfer or share issuance), or (iv) a merger, consolidation or other business combination of the Company or any material Subsidiary of the Company with or into any other person.

Trade Sale means a sale of all of the Shares.

Trade Sale means (a) a sale, lease, transfer or other disposition of all or substantially all of the assets of the Company, (b) a transfer or an exclusive licensing of all or substantially all of the intellectual property of the Group Companies, (c) a sale, transfer or other disposition of a majority of the issued and outstanding share capital of the Company or a majority of the voting power of the Company; or (d) a merger, consolidation or other business combination of the Company with or into any other business entity in which the shareholders of the Company immediately after such merger, consolidation or business combination hold shares representing less than a majority of the voting power of the outstanding share capital of the surviving business entity.

Trade Sale means (i) a merger, amalgamation, consolidation or other business combination of any Group Company with or into any Person, or any other transaction or series of transactions, as a result of which the Shareholders of the Company immediately prior to such transaction or series of transactions will cease to own a majority of the voting power of the surviving entity immediately after consummation of such transaction or series of transactions, (ii) the sale, lease, transfer, exclusive license to a third party or other disposition of all or substantially all of the assets of the Group Companies taken as a whole (including the equity securities and/or contractual arrangements by which any Group Company owns and/or Controls any other Group Company, the licenses and permits necessary to conduct the business of the Group Companies in the PRC and the intellectual property assets of the Group Companies taken as a whole) or (iii) the sale (whether by merger, reorganization or other transaction) of a majority of the issued and outstanding share capital of the Company or a majority of the voting power of the Company.

Trade Sale means any the following events:

Trade Sale has the meaning ascribed to it in Section 9.1 of this Agreement.