SAFE Notes definition

SAFE Notes includes SAFE First Notes and SAFE Sequel Notes of all Series issued bythe Company including pursuant to this SAFE.
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SAFE Notes means the Simple Agreements for Future Equity issued by the Company to several holders for an aggregate principal amount of Six Hundred Seventy-Seven Thousand Dollars ($677,000).
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SAFE Notes means the Simple Agreements for Future Equity issued by the Company to a third party.
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Examples of SAFE Notes in a sentence

  • Cash from financing activities in 2018 reflects $1.2 million in receipts associated with the SAFE Notes, which were converted into Series A Redeemable Convertible Preferred Stock in March 2019.

  • The SAFE Notes were measured at fair value, determined using a binominal lattice model, with changes in fair value recognized in the consolidated statement of operations.

  • Upon receipt of the SAFE Termination Agreements, the SAFE Notes will have been terminated with no further obligations to the holders thereof except for the payments set forth in this Agreement.

  • The Shares, Options, Restricted Stock and SAFE Notes collectively are all of the outstanding equity interests of the Company.

  • The loss and lease deposit were offset by a non-cash charge of $0.3 million for revaluation of SAFE Notes to market value and increases of $0.3 million and $0.5 million in accounts payable and deferred income, respectively, during the nine-month period.

  • The loss on SAFE Notes in 2019 represents the expense associated with the increase in value of these financing obligations prior to their conversion to Series A Preferred Stock in March 2019.

  • So long as any Notes remain outstanding, the Company and each Subsidiary shall be prohibited from effecting or entering into an agreement to effect any Subsequent Placement involving a Variable Rate Transaction (other than a Permitted ATM and/or a Permitted Treasury Indebtedness (as defined in the Notes) and/or, solely if prior to the Business Combination Closing Date, Permitted SAFE Notes (as defined in the Notes)) or the Amended Existing SAFEs (as defined below).

  • The SAFE Notes were measured at fair value, determined using a binominal lattice model, with changes in fair value recognized in the condensed consolidated statement of operations.

  • Other than the amounts owed under the SAFE Notes and the loan to be repaid at Closing to KGJP Holdings LLC, the Company does not have any Indebtedness.

  • The Company entered into the SAFE Notes in 2018, and the loss in 2018 represents the mark to market fair value adjustment of the SAFE Notes as of December 31, 2018.


More Definitions of SAFE Notes

SAFE Notes means any issuance of any instruments in the form of simple agreement for future equity notes by the Borrower or its Subsidiaries in form and substance substantially similar to that certain Simple Agreement for Future Equity, dated on or about July 26, 2022, issued by Plastiq Inc. in exchange for the payment by ABC Holdings, LLC of $5,000,000.
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Related to SAFE Notes

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Exchange Notes means the Notes issued in the Exchange Offer pursuant to Section 2.06(f) hereof.

  • Indenture Notes means the Notes.