Capital Raising Clause Samples
The Capital Raising clause defines the terms and conditions under which a company may seek to obtain additional funding through the issuance of new shares or other securities. Typically, this clause outlines the procedures for offering new equity, the rights of existing shareholders to participate in such offerings, and any limitations or approvals required before proceeding. Its core practical function is to provide a clear framework for raising capital while protecting the interests of current stakeholders and ensuring transparency in the process.
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Capital Raising. The Consultant will attempt to introduce capital to, and for use by the Company. This includes capital for oil & gas exploration and development; equity shares of the Company; and/or debt financing. All contacts that the Consultant discusses Company business with, will thereafter be the property of the Company and all contact information must be provided to the Company on an ongoing basis.
Capital Raising. The Consultant's compensation for the capital raising activities referred to in Section 1(b) shall be as set forth in separate placement agent agreements and or other agreements with respect to each transaction. It is anticipated that the consultant will receive no less than the following;
(i) Cash compensation in an amount equal to ten percent (10%) of the aggregate purchase price of the Equity sold to the investors, plus
(ii) An additional three percent (3%) of the aggregate purchase price of the equity placed by the Consultant with the investors for non-accountable expenses, plus
(A) Equity in the form of common stock of the Company shares equal to 8% of the shares issuable by the Company for the capital raise. As an example if one million dollars is raised at 20 cents per share then the common stock due is 400,000 shares. 5,000,000 shares offered to investors in the offering at eight percent equals 400,000.
Capital Raising. Consultant will assist the Company in attempting to raise capital in accordance with the Company's business plan. All efforts by Consultant will be on a best efforts basis only. The parties presently contemplate the following:
(i) An initial Private Placement (“First Offering”) of equity in the amount of $1,000,000 upon terms and conditions that is mutually agreed to by the company and consultant. (Equity offering at .05- five cents for the placement of 20,000,000 shares of the Company’s common stock)
(ii) Compensation for each of the PPM will be in addition to the compensation of this agreement as set forth below, an as referenced in the applicable Placement Agent Agreement and PPM for each and every offering
Capital Raising. The Consultant's compensation for the capital raising activities referred to in Section Capital Raising. Consultant will assist the Company in attempting to raise capital in accordance with the Company's business plan. All efforts by Consultant will be on a best efforts basis only. The parties presently contemplate the following: shall be as set forth in separate placement agreements and or other agreements with respect to each transaction.
Capital Raising. Buyer agrees to use its reasonable best efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper, or advisable under applicable Laws as soon as reasonably practicable after the date of this Agreement, to obtain the financing necessary to consummate the transactions contemplated herein.
Capital Raising. The Consultant's compensation for the capital raising activities referred to in Section 1(b) shall be as set forth in separate placement agent agreements and or other agreements with respect to each transaction. It is anticipated that the consultant will receive no less than the following;
Capital Raising. In such capacity, the Investment Banker shall assist the Company in raising capital for working capital purposes. The structure of such financings shall be governed by a separate Managing Dealer Agreement.
Capital Raising. Sale Efforts. Company shall use its best efforts, working with Goldman Sachs pursuant to the engagement letter dated July ▇▇, ▇▇▇1 ▇▇▇▇een them (previously furnished to Agent and Banks) to raise funds to be applied toward the reduction of Liabilities through (I) the issuance of Equity Interests, (II) the incurrence of Subordinated Debt, and (III) the sale of Company and its Subsidiaries and/or of the non-Insurance Subsidiaries and/or its Subsidiaries, in each case on terms reasonably acceptable to the Majority Banks (which such acceptance shall not be unreasonably withheld or delayed)."
3.10 The following Section 7.22 is hereby added to the Agreement:
Capital Raising. 6.1 Whilst Rubirosa will use all reasonable endeavours to procure that the Pre IPO Capital Raising and the Capital Raising is completed it is acknowledged that nothing in this Agreement imposes any financial obligation on the Current Directors in that regard.
6.2 RFI acknowledge that the proposed directors of Rubirosa will be required to be a party to the Prospectus, on the condition that they are satisfied that the Prospectus has been properly constituted and verified.
Capital Raising. Corporately, the highlight during the quarter was the successful completion of a capital raising of approximately A$100 million, by way of a fully underwritten entitlements offer to all Dart Energy shareholders. This increased Dart Energy’s available cash to over $150 million.