Future Financing Transaction definition

Future Financing Transaction means any financing (or series of related financings) of the Company (other than in connection the purchase and sale of the Shares and Warrants contemplated hereby) that closes within 180 days after the date hereof and involves the issuance of any securities or instruments (other than debt securities with no equity feature) of the Company in which the aggregate gross proceeds to the Company equals or exceeds $10 million.
Future Financing Transaction means any financing (or series of related financings) of the Corporation (other than in connection with the Corporation's sale of Series D Preferred Stock and warrants to purchase shares of Common Stock pursuant to the 2006 Purchase Agreement) that closes within 180 days after the Series D Original Issue Date and involves the issuance of any securities or instruments (other than debt securities with no equity feature) of the Corporation in which the aggregate gross proceeds to the Corporation equals or exceeds $10 million; and
Future Financing Transaction means any financing (or series of related financings) of the Company (including in connection with the purchase and sale by the ROFR Offerees upon exercise of the ROFR Rights set forth in Section 1.4 hereof) that closes within 270 days after the Closing Date and involving the issuance of a Future Financing Security in which the aggregate gross proceeds to the Company equals or exceeds $2.5 million.

Examples of Future Financing Transaction in a sentence

  • All Additional Warrants shall be issued and delivered to the Investors at the closing of such Future Financing Transaction.

  • Any conversion pursuant to this Section 6 shall be deemed for all purposes to have been effected immediately prior to consummation of the Future Financing Transaction.

  • In lieu of any fractional shares to which the holder would otherwise be entitled, the Corporation shall pay cash equal to such fraction multiplied by the price per share of one (1) share of the Future Financing Securities sold in the Future Financing Transaction.

  • For the avoidance of doubt, the Investors acknowledge and agree that the Company shall have no obligation under this Section 3.6 to issue Additional Warrants if a Future Financing Transaction is not consummated within the time period specified in the Certificate of Designations (i.e., 180 days after the date hereof).

  • The holders of Series D Preferred Stock shall, upon conversion of such shares pursuant to this Section 6, be entitled to all rights granted to any purchaser of Future Financing Securities in the Future Financing Transaction.

  • All other provisions of this Section 3.1 shall apply to Greenway in connection with such Future Financing Transaction.


More Definitions of Future Financing Transaction

Future Financing Transaction means any transaction (or series of related transactions) in which the Corporation issues, on or before the date 270 days after the Series E Original Issue Date (the “Cut-Off Date”), Future Financing Securities, which results in the payment of net proceeds to the Corporation on or before the Cut-Off Date of at least $2,500,000; provided that the Corporation’s sale of up to 22,000 shares of Series E Preferred Stock and Warrants pursuant to the 2006 Purchase Agreement shall not be a Future Financing Transaction; and

Related to Future Financing Transaction

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, (b) the borrowing of Loans hereunder and the use of the proceeds thereof and (c) the issuance, amendment or extension of Letters of Credit hereunder and the use of proceeds thereof.

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • New Financing has the meaning specified in Section 2.04(a).

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Financing Event means the earlier of (i) a public offering by the Company of its Common Stock with aggregate gross proceeds of at least $5 million; or (ii) the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Exit Financing means the financing under the Exit Facility.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Private Placement Transaction means a “limited offering” as defined from time to time in Rule 17j-l under the 1940 Act or any applicable successor provision. Currently, this means an offering exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or 4(6) or Rule 504, 505 or 506 under that Act, including hedge funds.

  • Alternative Financing has the meaning set forth in Section 5.14(b).