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 a third party.
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SAFE Notes means the Simple Agreements for Future Equity issued by the Company to the holders thereof for aggregate gross proceeds of $600,000;
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Examples of SAFE Notes in a sentence

  • The SAFE Notes provide investors the right to receive shares of preferred stock if a defined equity financing transaction occurs.

  • The number of shares that could be issued upon conversion of SAFE Notes was not limited.

  • In 2022, the Company received $450 in cash from the issuance of SAFE Notes with a valuation cap of $30,000.

  • In 2021, the Company received $5,250 in cash from the issuance of SAFE Notes with a valuation cap of $19,500 and $250 in cash from the issuance of SAFE notes with a valuation cap of $30,000.

  • The SAFE Notes were classified as marked-to-market liabilities pursuant to ASC 480, Distinguishing Liabilities from Equity.

  • The number of shares into which the SAFE Notes would convert would be the greater of (a) a stated valuation cap divided by the number of shares outstanding before the capital raise transaction or (b) the Adjusted Purchase Amount divided by the per-share price of the issued preferred stock less a discount of 20%.

  • The SAFE Notes allowed the holder to participate in the future equity financings through a share-settled redemption.

  • The SAFE Notes would automatically convert into preferred shares upon a future equity financing in which the Company sold shares of its preferred stock.

  • The Company determined that the SAFE Notes were not legal form debt (i.e., no creditors’ rights) but allowed for redemption based upon certain events that are outside of the control of the Company.

  • Possibly we even think we aren’t articulate enough or that we’ll freeze when we approach the politicians.


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.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • B Notes means each of Note B-1 and Note B-2.

  • Permitted Notes means and include (i) any Permitted Junior Notes and (ii) any Permitted Pari Passu Notes.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • or "Notes means the Revolving Notes, the Swingline Note and/or the Term Notes, collectively, separately or individually, as appropriate.

  • Fundserv Notes means Notes purchased through Fundserv.

  • DTC Notes means Notes cleared, settled and maintained on the DTC System, registered in the name of a nominee of DTC. All of the Notes will be DTC Notes at issuance.

  • 2022 Notes means the 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Initial Notes means the first $500,000,000 aggregate principal amount of Notes issued under this Indenture on the date hereof.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Public Notes means the Notes that have been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction. As of the Closing Date, the Public Notes include the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes, other than any Notes held by the Depositor (or any other entity whose separate existence from the Trust is disregarded for federal income tax purposes).

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Trust Notes As defined in the Introductory Statement.

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.