Equity Financings definition

Equity Financings means the Phase I Equity Financing and the Phase II Equity Financing.

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Equity Financings has the meaning ascribed to it in Section 8.1.14.

Equity Financings means offers and sales through a registered broker dealer) for the Company (collectively, the "Funding") required in connection with its merger with a public shell corporation, and acquisition of various properties known as Popeil Inventions, LLC and Ronco Inventions, LLC (collectively referred to herein as the "Target"). The Company's merger with a public shell corporation and acquisition of the Target shall be collectively referred to as the "Transaction".

Examples of Equity Financings in a sentence

• Reimbursement of all Patent Expenses incurred prior to the Effective Date, plus the first $5,000 in Patent Expenses incurred on or after the Effective Date, will be deferred until the earlier of (a) the closing of Subsequent Equity Financings aggregating $2 Million or (b) the second anniversary of Effective Date.

• The term “Additional Issuance Date” shall mean the earlier of (i) the date upon which Licensee has Raised, on a cumulative basis, $10 million through one or more Equity Financings and/or Corporate Transactions, and (ii) the day immediately preceding the consummation of a Liquidation Event; provided, however that if Licensee has Raised an amount equal to or in excess of $10 million on the Initial Issuance Date, as contemplated by Section 3.1.1(b) above, then there shall be no Additional Issuance Date.

• As of the First Amendment Effective Date, there are no conditions or other contingencies related to funding of the full amount of the Equity Financings other than those expressly set forth in the Equity Commitment Letter delivered to the Purchasers prior to the execution and delivery of the First Amendment.

• There are not, and there are not contemplated to be, any side letters or other contracts or arrangements related to the Equity Financings that could reasonably be expected to adversely affect the timing, conditionality or availability of the funding of the Equity Financings, other than as expressly contained in the Equity Commitment Letter delivered to the Purchasers prior to the execution and delivery of the First Amendment.

• Reimbursement of all past Patent Expenses, plus the first $5,000 in future Patent Expenses, will be deferred until the earlier of (a) the closing of Subsequent Equity Financings aggregating $2 Million or (b) the second anniversary of Effective Date.

• Notwithstanding anything in this Agreement to the contrary, shares of Company Common Stock outstanding immediately prior to the Effective Time and held by a holder who has not voted in favor of adoption of this Agreement or consented thereto in writing and who has properly exercised appraisal rights of such shares under Section 607.1302 et seq.

• Each Sponsor, as applicable, shall have caused its respective direct or indirect interests in the Initial Projects to be contributed to Borrower in accordance with the terms described in the Master Formation Agreement, and the Initial Project Owners shall have no outstanding Indebtedness (excluding Tax Equity Financings and other Indebtedness permitted by Section 6.1).

• Crane's right to receive Dilution Options pursuant to this subsection 3(b)(ii)(5) will terminate after the Company has received cumulative proceeds (since November 11, 1996) of at least Twenty Million ($20,000,000) Dollars from one or more Target Equity Financings.

• Chen's right to receive Dilution Options pursuant to this subsection 3(b)(ii)(5) will terminate after the Company has received cumulative proceeds (since the date of execution of this Agreement) of at least Twenty Million ($20,000,000) Dollars from one or more Target Equity Financings.

• The sum of (i) the cash available to be released from the Trust Account (for avoidance of doubt, after taking into account the Vistas Shareholder Redemptions) plus (ii) any other cash or cash equivalents of Vistas plus (iii) the net proceeds from the Equity Financings shall equal or exceed $40,000,000 at Closing.

More Definitions of Equity Financings

Equity Financings means any sale or issuance by the Company of its Common Stock or securities convertible into or exchangeable for Common Stock (or securities convertible into or exercisable for such securities) for cash completed during the period commencing June 1, 2010, and ending on the effective date of a Change of Control; provided, however, that none of the following sales or issuances shall constitute an Equity Financing: (i) any sale or issuance pursuant to any stock purchase plan, stock ownership plan, stock incentive plan, stock option plan or similar plan where stock is being issued or offered to a trust, other entity or otherwise, to or for the benefit of any employee, officer, consultant, director, customer, lender or vendor of the Company, or (ii) any issuance made as a consideration for the consummation of, and not primarily for the purpose of a financing, a merger or acquisition, a partnership or joint venture or strategic alliance or investment by the Company or a similar non-capital raising transaction. Without limiting the foregoing, Equity Financing shall include all issuances of (1) the Company’s Series A-1 Convertible Preferred Stock made pursuant to that certain Investment Agreement dated June 7, 2010 among the Company and the Purchasers identified therein, and (2) the Company’s Series A-2 or Series A-3 Convertible Preferred Stock made pursuant to that certain Investment Agreement dated January 9, 2012, among the Company and the Purchasers identified therein.

Equity Financings has the meaning set forth in Section 5.21(a).

Equity Financings has the meaning specified in paragraph (f)(i) of Schedule C;

Equity Financings means the Company's issuance for cash of any of its equity securities or any securities convertible into or having the rights to purchase any equity securities to any Person (including without limitation, a private or public offering of securities); provided, however, that (a) any issuance to an employee of the Company or its affiliates of stock options to purchase shares of common stock (or any issuance of securities upon the exercise of such options) under a bona fide stock option plan shall not be deemed an "Equity Financing" so long as such issuance shall not result in a Sale Transaction (as defined below) or (b) any issuance of securities to Sprint Corporation or any of its affiliates ("Sprint") so long as such issuance (i) is made in connection with a bona fide agreement by the Company to obtain POPs from Sprint and (ii) does not exceed an aggregate of 5% of the Company's outstanding common stock or (c) any issuance of securities to Motorola, Inc. or any of its affiliates ("Motorola") so long as such issuance (i) is made in connection with a bona fide bridge credit facility with the Company and (ii) does not exceed an aggregate of 5% of the Company's outstanding common stock.

Equity Financings means, collectively, the Buyer Parent Equity Financing and the Serum Equity Financing.

Equity Financings is defined in Section 5.5(a).