Financing Round a subscription for equity in the Company by one or more persons raising an aggregate of at least £[●] (excluding the Aggregate Advance Subscriptions), which amount can be raised in one or in a series of fundraisings on or before the Longstop Date;3
Financing Round a subscription for Shares by one or more persons after the date of this Advance Subscription; "Fully-Diluted Capitalisation" means, at the time in question, (i) all issued Shares (ii) all Shares issuable upon the exercise of all authorized options (whether granted or not), where the authorized options must be equivalent to at least [10%] of the Fully-Diluted Capitalisation or increased accordingly, (where no scheme is yet in place, an authorized option pool of [10%] of the Fully-Diluted Capitalisation will be assumed), provided that any additional options authorized pursuant to the terms of a Financing Round may also be included, 4 and (iii) all Shares issuable upon the exercise or conversion of all outstanding warrants, convertible loan notes, advance subscriptions and all other convertible or exercisable securities then outstanding, including, for the avoidance of doubt, but without double counting, all Shares issued or issuable pursuant to the Aggregate Advance Subscriptions;
Financing Round shall have the meaning assigned to that term in Section 1.10.
Examples of Financing Round in a sentence
Any changes in Employee's Yearly Gross Salary after such 2nd Financing Round shall be in the sole discretion of the Company's Board of Directors.
The notes convert at the offering price of such financing.Certain of the notes entitled the holders to receive either a 10% or 20% discount on the conversion price if the notes were converted in connection with a Financing Round prior to the maturity date.
The Company and the Founders shall be vigilant and oversee this obligation in negotiating and signing the term-sheet for the Next Financing Round and ensure that no such restriction is include such term-sheet or other transaction document forming part of the Next Financing Round.
The Company shall also bear all Swiss issuance and stamp taxes arising out of the Series E Financing Round.
The portion of the Repayment Amount, if any, to be repaid on the settlement date of the Financing Round shall accordingly become due and payable immediately prior to the settlement and delivery of such Financing Round.
More Definitions of Financing Round
Financing Round means any transaction or series of related transactions in which the Company issues equity securities in return for an aggregate consideration, of not less than US$1,000,000 (excluding the Loan Amount).
Financing Round means a subscription for shares in the Company by one ormore investors in a bona fide financing round under which the Company raises in aggregate at least £2,000,000 (or such lower amount as may be determined by the Subscriber in writing) excluding the Advance Subscription Funds;
Financing Round means an equity investment in the Company completed through issuance of ADSs in a public offering or a bona fide private financing (within the meaning of New York Stock Exchange Rule 312.04(g)) to which third party investors would subscribe to, on or before the Maturity Date. Interest has the meaning ascribed to it under Article 3 below. Loan has the meaning ascribed to it under Recital (B) above. New ADSs has the meaning ascribed to it under Article 6 below. Note has the meaning ascribed to it under Recital (C) above. Note Purchase Agreement has the meaning ascribed to it under Recital (C) above. Material Adverse Effect means a material adverse effect on (a) the business, assets, management, operations or financial condition of the Company or of the Company and its subsidiaries taken as whole; or (b) the ability of the Company to perform its obligations under this Agreement; or (c) the validity, enforceability of, or the effectiveness or ranking of the rights or remedies of the Lender under this Agreement. Maturity Date has the meaning ascribed to it under Article 4 below.
Financing Round means an increase of the corporate capital of the COMPANY by the issuance of new Stock. For the purpose of this Plan, a Financing Round only qualifies as such in case the amount invested by new or existing shareholders equals or exceeds CHF 500’000. For the avoidance of doubt, a capital increase by setting off outstanding liabilities of the COMPANY, or the conversion of any convertible securities of the COMPANY or any other cashless increase of the corporate capital will not be treated as a Financing Round in the meaning of this Plan. The Administrator is authorized to expand the definition of a “Financing Round” in favour of the BENEFICIARY.
Financing Round. (as set forth in this sample agreement) is defined as the contribution of "real" equity proceeds to the company by an investor (external investor or existing shareholder) against issuance of shares (by capital increase or share transfer). Equity-like or mezzanine investments (like convertible loans) are usually not included under the term "financing round" and therefore do not trigger the conversion of the loan.
Financing Round means the next issuance of shares of the Company in which the Company receives equity proceeds from new investments (not including the conversion of the Loan or other loans) by the shareholders of the Company and/or new investors (the "FR Investors").
Financing Round means either: