Examples of Lead Investor in a sentence
The payment date for any mandatory redemption shall be the closing date of such transaction and the amount to be paid to the Lead Investor shall be paid directly from the proceeds of the closing.
The Company shall not engage in a Subsequent Financing, raise any additional capital or retain, engage or solicit any additional investment banker, book-runner, financial advisor, underwriter and/or placement agent or funding source for a period of 180 days from the filing of the registration statement pursuant to the Registration Rights Agreement, without the express written consent of the Lead Investor.
No provision of this Agreement may be waived, modified, supplemented, or amended except in a written instrument signed, in the case of an amendment, by the Company and the Investors holding at least a majority in principal amount of the Notes then outstanding (including the Lead Investor, if then a holder of any Securities) or, in the case of a waiver, by the party against whom enforcement of any such waived provision is sought.
For purposes of this Section 4.15, an “equity line of credit” with the Lead Investor shall not constitute a Variable Rate Transaction.
If a Subsequent Financing occurs, at the election of the Lead Investor, not less than fifty percent (50%) of the net cash proceeds to the Company of any Subsequent Financing shall be applied to the outstanding Notes of the Lead Investor at a premium price of 110%.