DEAL CLOSING. 9.1 Each Fundraising Round shall close on the earlier of: (a) The end of the stated period of the Fundraising Round (the “Fundraising Period”); (b) The Maximum Allocation of investment from the Investee Entity to the Platform being reached (as defined below); (c) The Company deciding to close the Fundraising Round. Provided that, in each case the Company retains sole discretion to extend the Fundraising Period; where the Company decides to extend the Fundraising Period it shall communicate such extension to the Investors. 9.2 Upon a Fundraising Round closing, the Investee Entity shall confirm how much of the raised Investment it will accept. As a result, it may be that only part of the Desired Investment Amount will be allocated to purchase the Investor's Shares, or none of the Desired Investment Amount will be allocated meaning that the Investor's Shares will not be purchased, in which case the Company shall notify the Investor and part or all of the Desired Investment Amount will be refunded to the Investor's Bank Account. Unless otherwise stated on the Online Dealroom, the Desired Investment Amount for each Investor will be included on a first-come first-served basis, including with respect to any SEIS allocation. 9.3 Maximum allocation shall mean such amount of investment into the Investee Entity as agreed between the Investee Entity and the Company from time to time (the “Maximum Allocation”).
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement
DEAL CLOSING.
9.1 Each Fundraising Round shall close on the earlier of:
(a) The end of the stated period of the Fundraising Round (the “Fundraising Period”);
(b) The Maximum Allocation of investment from the Investee Entity to the Platform being reached (as defined below);; or
(c) The Company deciding to close the Fundraising Round. Provided that, in each case the Company retains sole discretion to extend the Fundraising Period; where the Company decides to extend the Fundraising Period it shall communicate such extension to the Investors.
9.2 Upon a Fundraising Round closing, the Investee Entity shall confirm how much of the raised Investment it will accept. As a result, it may be that only part of the Desired Investment Amount will be allocated to purchase the Investor's Shares, or none of the Desired Investment Amount will be allocated meaning that the Investor's Shares will not be purchased, in which case the Company shall notify the Investor and part or all of the Desired Investment Amount will be refunded to the Investor's Bank Account. Unless otherwise stated on the Online Dealroom, the Desired Investment Amount for each Investor will be included on a first-come first-served basis, including with respect to any SEIS allocation.
9.3 Maximum allocation shall mean such amount of investment into the Investee Entity as agreed between the Investee Entity and the Company from time to time (the “Maximum Allocation”).
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement
DEAL CLOSING.
9.1 Each Fundraising Round shall close on the earlier of:
(a) The end of the stated period of the Fundraising Round (the “Fundraising Period”);
(b) The Maximum Allocation of investment from the Investee Entity to the Platform being reached (as defined below);
(c) The Company deciding to close the Fundraising Round. Provided that, in each case the Company retains sole discretion to extend the Fundraising Period; where the Company decides to extend the Fundraising Period it shall communicate such extension to the Investors.
9.2 Upon a Fundraising Round closing, the Investee Entity shall confirm how much of the raised Investment it will accept. As a result, it may be that only part of the Desired Investment Amount will be allocated to purchase the Investor's Shares, or none of the Desired Investment Amount will be allocated meaning that the Investor's Shares will not be purchased, in which case the Company Nominee shall notify the Investor and part or all of the Desired Investment Amount will be refunded to the Investor's Bank Account. Unless otherwise stated on the Online Dealroom, the Desired Investment Amount for each Investor will be included on a first-come first-served basis, including with respect to any SEIS allocation.
9.3 Maximum allocation shall mean such amount of investment into the Investee Entity as agreed between the Investee Entity and the Company from time to time (the “Maximum Allocation”).
Appears in 1 contract
Samples: Investment Agreement
DEAL CLOSING.
9.1 Each Fundraising Round shall close on the earlier of:
(a) The end of the stated period of the Fundraising Round (the “Fundraising Period”);
(b) The Maximum Allocation of investment from the Investee Entity to the Platform being reached (as defined below);; or
(c) The Company deciding to close the Fundraising Round. Provided that, in each case the Company retains sole discretion to extend the Fundraising Period; where the Company decides to extend the Fundraising Period it shall communicate such extension to the Investors.
9.2 Upon a Fundraising Round closing, the Investee Entity shall confirm how much of the raised Investment it will accept. As a result, it may be that only part of the Desired Investment Amount will be allocated to purchase the Investor's Shares, or none of the Desired Investment Amount will be allocated meaning that the Investor's Shares will not be purchased, in which case the Company shall notify the Investor and part or all of the Desired Investment Amount will be refunded to the Investor's Bank Account. Unless otherwise stated on the Online Dealroom, the Desired Investment Amount for each Investor will be included on a first-come first-served basis, including with respect to any SEIS allocation.
9.3 Maximum allocation shall mean such amount of investment into the Investee Entity as agreed between the Investee Entity and the Company from time to time (the “Maximum Allocation”).
Appears in 1 contract
Samples: Investment Agreement