Examples of Deerfield Funds in a sentence
The underwriters did not receive any underwriting discounts or commission on the Units purchased by the Deerfield Funds.
On November 21, 2019 (as amended on December 20, 2019), Holdings entered into a Second Amended and Restated LLC Agreement and entered into a Series B Bridge Unit Purchase Agreement with the Deerfield Funds and certain other purchasers to sell up to 2,004 Series B convertible preferred units (“Series B Bridge Units”) at a purchase price of $5,000.00 per unit for gross proceeds of up to $10.0 million.
An enforceability of legal obligation can also differ: some provisions contain only general obligation to cooperation while in others we can find real, legally enforceable obligation, which can be invoked in a dispute.
The Commitment of the Commitment Party may be assigned to any of the other Deerfield Funds and any other Deerfield managed investment funds and their affiliates and such persons and entities may become “Lenders” or the “Agent” under the Facilities and a “Commitment Party”, “we” or “us” under this Commitment Letter, in each case, without the consent of the Borrower or any other person or entity.
This Commitment Letter is not intended to benefit or create any rights in favor of any person or entity other than the parties hereto and other Deerfield Funds and Deerfield managed investment funds and their affiliates that are assigned any portion of the Commitment and that become a “Commitment Party”, “we” or “us” under this Commitment Letter and, with respect to indemnification, each Indemnified Party.
For example, if the Deerfield Funds purchase such 5,000,000 units in the Public Offering, the Purchaser shall purchase 3,333,334 Private Placement Warrants (or 3,733,334 if the over-allotment option in connection with the Public Offering is exercised in full) for an aggregate purchase price of $5,000,000 (or $5,600,000 if the over-allotment option in connection with the Public Offering is exercised in full).
Melinta and the Purchaser anticipate that Melinta’s available cash, together with any amounts loaned by the Deerfield Funds to Melinta, will be sufficient to pay the Offer Price for all Shares tendered in the Offer, the consideration in connection with the Merger and all related fees and expenses.
These building blocks can also be replaced with better options when new data becomes available.
Any replacement DF Designee shall be appointed to the Board promptly following notice from the Deerfield Funds and in any event, within two (2) Business Days.
The effective date of a voluntary termination under this article shall be 60 days from the date of notification of intent to terminate or, upon written request, as agreed between the PHP and TMA.