Austin Ventures definition
Examples of Austin Ventures in a sentence
For so long as any amounts remain unpaid under the Notes or Austin Ventures (together with its Affiliates) hold on an as-converted basis at least Twenty Percent (20%) of the outstanding Common Shares, the Board of Directors of Parent will at no time exceed seven (7) directors.
The Rights Plan shall have delivered a waiver of the terms and provisions of the Rights Plan such that, as a result of such waiver, the acquisition by Austin Ventures or its Affiliates of up to Forty-Nine Percent (49%) of the outstanding Common Shares (whether through the conversion of the Notes or the acquisition of Common Shares from third-parties) will not result in a Flip-In Event or Separation Time or trigger any adjustment in the Exercise Price of the Rights.
Immediately following the First Closing, the Board of Directors of Parent shall be increased to seven (7) directors and a nominee of Austin Ventures shall be appointed to serve as a director of Parent.
Parent shall not amend, waive or modify the Rights Plan in such a way that the acquisition by Austin Ventures or its Affiliates of up to Forty-Nine Percent (49%) of the outstanding Common Shares (whether through the conversion of the Notes or the acquisition of Common Shares from third-parties) results in a Flip-In Event or Separation Time or triggers any adjustment in the Exercise Price of the Rights.
Two representatives designated by Austin Ventures, who initially shall be C.
Notwithstanding anything in this Agreement to the contrary, nothing in this Agreement shall constitute or be deemed to constitute a waiver, amendment, extension or subrogation of any of the rights or obligations of the Austin Ventures Funds or 724 Solutions and its Subsidiaries under the Note Purchase Agreement or under any notes, agreements, guaranties or other documents entered into in connection with the Note Purchase Agreement.
AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT SIGNATURE PAGE SCHEDULE OF INVESTORS August Capital V Special Opportunities, L.P. Alloy Ventures 2005, L.P. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ Austin Ventures VIII, L.P. AV VIII Holdings, Inc.
Such policy shall name the Company, Alloy Ventures 2005, L.P. (“Alloy Ventures”), Austin Ventures VIII, L.P. (“Austin Ventures”), North Bridge Venture Partners VI, L.P. (“North Bridge”) and August Capital V Special Opportunities, L.P. (“August Capital”) as loss payees and shall not be cancelable by the Company without prior approval of a majority of the Board of Directors, with such approval including at least two of the Preferred Directors.
Further, notwithstanding anything in this Agreement to the contrary, nothing in this Agreement shall constitute or be deemed to constitute a waiver, amendment, extension or subrogation of any of the rights or obligations of the Austin Ventures Funds (or their Affiliates) or 724 Solutions and its Subsidiaries under any separate agreement, arrangement or understanding regarding indemnification, contribution or reimbursement.
For so long as any amounts remain unpaid under the Notes or Austin Ventures (together with its Affiliates) hold on an as-converted basis at least Twenty Percent (20%) of the outstanding Common Shares, Parent will include two (2) designees of Austin Ventures (the “AV Designees”) as director nominees on each slate of director nominees by Parent submitted to holders of Common Shares and shall recommend the election of the AV Designees to Parent’s Board of Directors.