Qualified Offering

Qualified Offering. Means the Offering so long as the Offering (i) is consummated on or prior to December 31, 2016, (ii) results in at least $10 million of gross proceeds, net of the underwriting discount and commissions, to the Company, (iii) results in the Common Shares being listed on the New York Stock Exchange or NASDAQ, (iv) whereby any Offering Warrants are issued (a) on no greater than a 1:1 basis with the Offering Shares (i.e., the Offering Warrants are not exercisable for a number of Common Shares... greater than the number of Offering Shares) and (b) at a per share exercise price at least equal to the per share price of the Offering Shares and (v) pursuant to which 100% of the Preferred Series C is converted to Common Shares, in each case, unless otherwise agreed in advance by GS in its sole discretion in a written instrument executed by a duly authorized officer of GS after the date hereof. View More

Qualified Offering. Means the closing of the sale of the securities of the Company, whether in a private placement or pursuant to an effective registration statement under the Securities Act resulting in at least $2,500,000.00 of gross proceeds to the Company.

Qualified Offering. The meaning set forth in the Secured Convertible Promissory Note, dated March 22, 2011, issued to the Holder

Qualified Offering. The meaning set forth in the Note

Qualified Offering. Has the meaning set forth in the Purchase Agreement

Qualified Offering. An offering of Company equity securities (or other Company securities convertible, exercisable or exchangeable for other Company equity securities) in the amount of at least $2,500,000 completed subsequent to the final closing under the Note Offering

Qualified Offering. Shall mean the Company's first firm commitment underwritten public offering of its Common Stock under the Securities Act with aggregate gross proceeds of at least $50,000,000 (before deduction of underwriters commissions and expenses) and a per share price equal to at least $18.00 (as adjusted for stock splits, combinations, stock dividends, recapitalizations and the like).

Qualified Offering. Shall mean an offering that results in the Company's Common Stock being listed on a National Market (Nasdaq or the NYSE/AMEX).

Qualified Offering. Not including the Second Closing of this Offering (i) any private placement offerings or one or more registered public offerings by the Company under the Securities Act, pursuant to which the Company receives monies in the amount greater than $1,500,000 in exchange for securities of the Company between the First Closing Date and the date on which the Company's consummates a listing onto a national securities exchange, or (ii) any private placement offerings or one or more registered public... offerings by the Company under the Securities Act in connection with its listing onto a national securities exchange. View More

Qualified Offering. Means the issuance by the Company of shares of Common Stock and/or other securities in a public offering at a per share price to be determined by the Company (the “Offering Price”), with such offering to yield gross proceeds to the Company of at least $10 million.