Funding Round definition

Funding Round means the time period during which Applications may be submitted for consideration of funding by the Authority.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Funding Round means the opportunity for submission of Applications for purposes of Preliminary Apportionment, as authorized by the Board based on the availability of bond authority.

Funding Round means the period of time during which an Application may be submitted for consideration of funding by the Authority.

Examples of Funding Round in a sentence

• Provided that the Committed Funds are equal to or greater than the Initial Funding Target, the Secondary Funding Period shall end on the earlier of the date on which: the individual(s) who manage the Investee Company decide to close the Funding Round; and the Nominee decides to close the Funding Round, (the “Secondary Funding Closing Date”).

• Should the Company receive formal commitments by third party investors related to an offer to acquire more than 50% of the amount being raised during the Seed Funding Round, Company shall communicate such formal commitments to Investor and the Investor’s Permitted Transferees within 5 days (“Seed Funding Round Pre-Emption Rights Communication”).

• In order to give effect to the wishes of the Investor, as set forth in paragraphs 3.1 and 3.2, the Investor wishes to appoint the Nominee as the nominee of the Investor to purchase, manage and hold the Investor’s Shares on the Investor’s behalf in the event that the Funding Round is completed.

• Upon receiving Seed Funding Round Pre-Emption Rights Communication, Investor and each of the Investor’s Permitted Transferees shall have 30 days (“Pre-Emption Rights Exercise Term”) to exercise the Seed Funding Round Pre-Emption Rights in order to acquire up to the above said 35% reserved quota at the same conditions provided in the Seed Funding Round Pre-Emption Rights Communication (“Pre-Emption Rights Exercise Communication”).

• After the Secondary Funding Closing Date, the Funding Round shall enter into an allocation period (the “Allocation Period”), during which no further investments may be made by the Investor or any other Platform Member.

More Definitions of Funding Round

Funding Round means the time period during which Applications may be submitted for consideration of a loan.

Funding Round means the time period during which Applications may be submitted for consideration of a loan, as specified in Section 5.

Funding Round means each round of funding as announced by the Department

Funding Round has the meaning given in paragraph 3.1;

Funding Round means the period during which investors may pledge to invest in the Issuer;

Funding Round means the opportunity for submission of Applications for

Funding Round. – means the First Funding Round or the Second Funding Round.