SAFE Note definition

SAFE Note means the Simple Agreement for Future Equity between UniQuest and the Founder’s corporation, with an effective date on or about the date of this Agreement. Services mean the services described in the Reference Schedule. UniQuest means UniQuest Pty Ltd, ACN 000 000 000. UQ means The University of Queensland.
SAFE Note means that certain Simple Agreement For Future Equity (SAFE), made on May 17, 2022, in favor of Partners for Growth V, L.P. for an issue price of $15,156,438.24.
SAFE Note that certain Secured Promissory Note of even date herewith executed by Borrower in favor of SAFE in the aggregate principal amount of $1,800,000. SAFE Pledge Agreement: that certain Pledge Agreement of even date herewith executed by Borrower in favor of SAFE to secure the SAFE Debt.

Examples of SAFE Note in a sentence

  • The Company viewed SymetryML operations as non-core, and did not fund future operational expenses incurred in excess of SAFE Note funding secured.

  • Alternatively, if TurtleTree has a liquidity event then the SAFE Note will automatically entitle the Company to a portion of the proceeds following the liquidity event.

  • The SAFE Note will automatically convert into preferred stock in the capital of TurtleTree if TurtleTree completes an equity financing.

  • Subject to these Conditions, the Company will recognise only the Subscriber whose name appears in the Register as the absolute owner of the SAFE Note in respect of which it is entered in the Register, and the Company may act accordingly.

  • No Subscriber will be entitled, subject to these Conditions, to transfer a SAFE Note other than with the prior written consent of the Company.

  • Each SAFE Note converted will thereupon be cancelled and may not be re-issued.

  • GET OUT, STAY OUT, BE SAFE! Note to Teaching Staff: Teachers conducting classes should undertake a head count of the number of students in class and then immediately accompany the class to their assembly area.

  • Each SAFE Note will constitute a contractual obligation of the Company.

  • Ordinary Shares to be allotted on conversion of a SAFE Note will be shares with respect to which no provision is made (whether by the Constitution or otherwise) for changing or converting them into shares of another class, except for the purpose of enabling a consolidation and division of all or any of the share capital of the Company or the subdivision of all or any of the shares in the capital of the Company in accordance with the Corporations Act.

  • In addition, a summary checklist of actions is found in the “Pocket Plan” that is a part of this plan document.1. GET SAFE! Note that the first box in the flow chart really refers to actions of another plan, the Emergency Action Plan (EAP).


More Definitions of SAFE Note

SAFE Note means that certain LanzaTech NZ, Inc. SAFE (Simple Agreement for Future Equity) issued by the Company to the Investor named therein and dated December 8, 2021.

Related to SAFE Note

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • PLEASE NOTE The Revisor's Office cannot perform research for or provide legal advice or interpretation of Maine law to the public. If you need legal assistance, please contact a qualified attorney.

  • RMB Note means a Note denominated in Renminbi.

  • Contract Note means a promissory note of the Borrower payable to the order of a Lender, in substantially the form of Exhibit 1.01A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Contract Advances made by such Lender to the Borrower.

  • Restricted Definitive Note means a Definitive Note bearing the Private Placement Legend.