Non-Equity Financing definition

Non-Equity Financing has the meaning ascribed to such term in Subsection 8.1(d) hereof;
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Examples of Non-Equity Financing in a sentence

  • If the Purchaser delivers the Non-Equity Financing Notice as prescribed under this Subsection 8.1(d), then the Purchaser shall have 15 days after delivery thereof to present the Issuer with a fully committed and credit approved offer of finance for the Non-Equity Financing (the “Purchaser Term Sheet”) upon terms and conditions substantially similar and no less favorable to the Issuer to those as set out in the Non-Equity Financing Offer.

  • Upon receipt of the Non-Equity Financing Offer, the Issuer shall immediately give notice of such Non-Equity Financing Offer to the Purchaser and provide the Purchaser with all the terms and conditions thereof, including any term sheet or equivalent document delivered to the Issuer as part of such Non-Equity Financing Offer.

  • If the Purchaser is unable to provide the Issuer with a Purchaser Term Sheet within the 15 day period contemplated in this subsection, then the Purchaser shall be deemed to have elected not to exercise the Non-Equity Financing Option.