Examples of Future Financing in a sentence
A Future Financing may have terms that are dilutive to the Company including a forced conversion or pay to play provision.
The foregoing sentence shall apply to successive amendments to the terms and conditions of any proposed Future Financing.
The Company does not have the right to force the Members to participate in a Future Financing and as a result the Company may not be able to participate in a Future Financing to the extent required in order to avoid adverse consequences of such transaction.
The Company shall provide each Purchaser with (i) express prior written notice of a Future Financing, and (ii) all required documentation requested by the Purchaser related to any Future Financing all no later than ten (10) business days prior to the final date of the offering period (or other applicable investment period) for any such Future Financings.
In connection with each Participation Right, Company shall provide written notice to the Purchaser of the terms and conditions of the Future Financing at least ten business days prior to the anticipated first closing of such Future Financing (the “FF Notice”).