Funding Requirement. Regado shall close an equity financing, or series of financings, having aggregate proceeds of at least two million dollars ($2,000,000) on or before the first anniversary of the Effective Date. Failure of Regado to close such a financing in accordance with this Section 6.1 will constitute a material breach of this Agreement.
Appears in 2 contracts
Samples: License Agreement (Regado Biosciences Inc), License Agreement (Regado Biosciences Inc)
Funding Requirement. Regado shall close an equity financing, or series of financings, having aggregate proceeds of at least two million [***] dollars ($2,000,000[***]) on or before the first anniversary of the Effective Date. Failure of Regado to close such a financing in accordance with this Section 6.1 will constitute a material breach of this Agreement.
Appears in 2 contracts
Samples: License Agreement (Archemix Corp.), License Agreement (Nitromed Inc)
