Additional Financings definition

Additional Financings as defined in Section 3.5.
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Additional Financings shall have the meaning set forth in Section 2.1(e).
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Additional Financings means the First Additional Financing, the Second Additional Financing, the Third Additional Financing and the Fourth Additional Financing’.
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Examples of Additional Financings in a sentence

  • The Company shall, on a monthly basis starting immediately subsequent to the date hereof, and in any other date requested by Buyer, provide to Buyer with a written report describing, in reasonable detail, the progress and status of the Fab 2 and the Additional Financings.

  • The Company shall use the proceeds of this Agreement, the Addtional Purchase Obligations and the Additional Financings solely in order to finance the construction, deployment and operation of Fab 2 in accordance with the Business Plan and the timetable included therein.

  • The Company shall comply with all terms, conditions, covenants and obligations of the Company under the agreements entered into in connection with the Additional Financings.

  • The nature of aggregation refers to “how” activities and companies are connected.

  • The Company shall comply with all terms, --------------------- conditions, covenants and obligations of the Company under the agreements entered into in connection with the Additional Financings.

  • The Additional Financing's Performance Based Conditions will incentivize the Federal Government of Somalia and the Federal Member States to sustain the momentum of their reforms after the Heavily-Indebted Poor Country (HIPC) Completion Point is achieved and prepare them to operate in a post-HIPC environment.

  • Three Additional Financings (Social Safety Net – P164830; CDPSP III – P164803; and HSRSP – P164954) and the Education project (ERSP – P160926) benefit from the RSW financing and aim to support refugees and host communities.

  • The Additional Financings will be arranged by Sonora Capital Corp.

  • Since SDF started with an$18 million pilot project in two districts in 2003, the program has expanded to over 1500 villages with three Additional Financings totaling about $100 million, and has also grown in complexity, covering new geographic intervention areas and directly addressing disaster recovery (flood, cyclone) and risk management.

  • For instance, NBG may be unsuccessful in completing Additional Financings in order to satisfy the US$282 million minimum cash condition, Nasdaq may not approve the initial listing application, or the shareholders of NBG or CAG may not approve the Acquisition.


More Definitions of Additional Financings

Additional Financings shall not mean or include any debt or related "mezzanine" financing obtained by the Company prior to March 31, 2006, unless the same shall consist of or include notes convertible into shares of Company Common Stock. If any financings, not constituting an Additional Financing, are obtained by or through Wharton, in lieu of the provisions of an October 6, 2005 consulting agreement between Wharton and the Company, Wharton shall be entitled to a finders fee equal to 7% of the amount of such debt or related "mezzanine" financing obtained. THE REVERSE STOCK SPLIT At the time of consummation of the initial Additional Financing, based upon an initial Additional Financing at an assumed minimum per share price of $2.00 per share, the Company shall consummate a one-for-eight reverse split of its outstanding common stock (the "REVERSE STOCK SPLIT"). Pursuant to the Reverse Stock Split, each outstanding share of Company Common Stock (including the Business Development Stock issued to Broadway and Xxxxxxx) and each share of Company Common Stock issuable (i) under any stock option plan, (ii) upon exercise of outstanding stock options or warrants to purchase Common Stock, or (iii) upon conversion into Common Stock of the Bridge Notes, shall represent 1/8 of a share of Company Common Stock or the right to purchase or receive 1/8 of a share of Company Common Stock; provided, that fractional shares shall be rounded to the nearest whole share. In the event that, for any reason, the Board of Directors of the Company shall elect to consummate an Additional Financing at a minimum per share price of less than $2.00 per share, then there shall be an appropriate pro rata reduction in the amount of the Reverse Stock Split. ZBB ENERGY CORPORATION 8 THE ADDITIONAL FINANCING Following completion of the Bridge Loan and the listing of the Company's Common Stock for trading on a National Securities Exchange, the Company will seek to consummate a private placement of between 3,000,000 and 6,000,000 shares of Common Stock (after giving effect to the 1:8 Reverse Stock Split) at an assumed purchase price of $2.00 per share. Such Additional Financing may also include three year warrants to purchase up to 50% of the number of shaves of Common Stock sold in connection with the Additional Financing, at an exercise price of not less than 120% of the per share offering price of the Common Stock. Empire Financial Holding Company or one or more other investment bankers acceptable to the board of dire...
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Additional Financings has the meaning set forth in Section 6.20.
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Additional Financings means (i) shares of the Company's Series A Cumulative Convertible Preferred Stock, $10,000 liquidation preference per share, $0.001 par value (the "PREFERRED STOCK") and/or shares of Common Stock issued by the Company pursuant to Securities Purchase Agreements or Settlement Agreements, as the case may be, of even date herewith (the "FINANCING AGREEMENTS"), (ii) amended existing promissory notes owing by SOED to certain debtholders (the "SOED NOTES") to extend the term thereof and to make such notes convertible, at the option of the holder, into shares of Common Stock, and (iii) warrants to purchase shares of Common Stock issued by the Company to certain parties who effected the Financing Agreements, the amendment of the SOED Notes and/or the going unconditional of VIS and the closing of SOED.
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Additional Financings means the First
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Additional Financings means (i) shares of Common Stock issued by the Company pursuant to Securities Purchase Agreements or Settlement Agreements, as the case may be, of even date herewith (the "FINANCING AGREEMENTS"), (ii) amended existing promissory notes owing by SOED to certain debtholders (the "SOED NOTES") to extend the term thereof and to make such notes convertible, at the option of the holder, into shares of Common Stock, (iii) warrants to purchase shares of Common Stock issued by the Company to certain parties who effected the Financing Agreements, the amendment of the SOED Notes and/or the going unconditional of VIS and the closing of SOED, and (iv) 2% Secured Convertible Debentures (the "DEBENTURES") issued by the Company pursuant to a Securities Purchase Agreement of even date herewith.
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Related to Additional Financings

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Refinancings shall have a meaning correlative thereto.

  • Financings has the meaning ascribed to it in the preamble.

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Alternative Financing has the meaning set forth in Section 5.16(d).

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Additional Filing Date means the date on which the Additional Registration Statement is filed with the SEC.

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Initial Financing Spread means 0.50% per annum.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Securities Financing Transactions means collectively securities lending transactions, sale and repurchase transactions and reverse repurchase transactions.

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Project financing gap means the part of the total project cost,

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Restricted Subsidiary, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other material agreement evidencing such acquisition, including, without limitation, all legal opinions and each other material document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.