First Junior Capital Raise definition

First Junior Capital Raise means the first issuance or incurrence of Junior Capital equal to or greater than $7,500,000 (excluding, for the avoidance of doubt, the Yorkville Promissory Note and any Junior Capital the net cash proceeds of which were utilized to make payments in respect of the Yorkville Promissory Note or any other Junior Capital) to occur after the First Amendment Effective Date.” ​

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First Junior Capital Raise has the meaning assigned to such term in the Loan Agreement Amendment.

First Junior Capital Raise means the first issuance or incurrence of Junior Capital equal to or greater than $7,500,000 (excluding, for the avoidance of doubt, the Yorkville Promissory Note and any Junior Capital the net cash proceeds of which were utilized to make payments in respect of the Yorkville Promissory Note or any other Junior Capital) to occur after the First Amendment Effective Date.”