Company SAFEs definition

Company SAFEs means the SAFEs (Simple Agreement for Future Equity) by and between the Company and each of the investors party thereto.

Company SAFEs means those certain simple agreements for future equity issued by the Company outstanding as of immediately prior to the Closing Date and as set forth in Schedule 2.6(b).

Company SAFEs means those certain simple agreements for future equity by and between the Company and the holders party thereto in the aggregate principal amount of $34,125,000 and listed as part of the definition of “Safes” in Subsection 3.21 of the Company Disclosure Schedule. “Company Triggering Event” shall be deemed to have occurred if: (a) the Company Board or any committee thereof shall have made a Company Board Adverse Recommendation Change or approved, endorsed or recommended any Acquisition Proposal with respect to the Company (other than by Aspen or an Affiliate thereof and other than actions made in compliance with Section 5.4), (b) the Company shall have entered into any letter of intent or similar document or any Contract relating to any Acquisition Proposal with respect to the Company (other than an Acceptable Confidentiality Agreement permitted pursuant to Section 5.4) or (c) upon willful and material breach of the Company’s obligations set forth in the first sentence of Section 5.4(a).

Examples of Company SAFEs in a sentence

• To the extent a Company Shareholder beneficially owns any Company SAFEs, Company Loans or Company Warrants and has not previously entered into an amendment(s) substantially in the form(s) attached hereto as Exhibit I, the Company Shareholder has entered into such an amendment concurrently with the execution of this Agreement.

• If, after the Effective Time, Certificates, Book-Entry Shares, Company SAFEs, the GreenBlock Note, or the FNL Note are presented to the Surviving Corporation, they shall be cancelled and exchanged as provided in this Section 3.2.

• Except for the shares of the Company held by the stockholders of the Company, the Company Warrants and the Company SAFEs, no shares or other equity or voting interest of the Company, or options, warrants or other rights to acquire any such shares or other equity or voting interest, of the Company is authorized or issued and outstanding.

• All issued and outstanding Company Shares, Company Options, Company SAFEs, Company Warrants and Crossover Preferred Shares were issued in compliance in all material respects with applicable Legal Requirements.

• Prior to the Effective Time, Parent shall appoint an exchange agent (the “Exchange Agent”) to act as the agent for the purpose of paying the Merger Consideration for the Certificates, the Book-Entry Shares, the Company SAFEs, the GreenBlock Note, and the FNL Note.

More Definitions of Company SAFEs

Company SAFEs means each Simple Agreement for Future Equity of the Company.

Company SAFEs means, collectively, [***].

Company SAFEs means those SAFE Agreements listed on Section A-1 of the Company Disclosure Schedules.

Company SAFEs shall collectively mean those two simple agreement for future equity to which the Company is a party specified in Schedule 2.4(b)-1.

Company SAFEs means the outstanding Simple Agreements for Future Equity of the Company convertible into Company Stock, as amended.

Company SAFEs means those Simple Agreements for Future Equity issued by the Company between August 5, 2022 and August 11, 2022, in the aggregate amount of $500,000, to the extent outstanding as of immediately prior to the Effective Time.

Company SAFEs means those certain Simple Agreement for Future Equity instruments entered into by and between the Company and each holder thereof with an aggregate purchase amount of $13,175,000.