Secondary Financing definition
Examples of Secondary Financing in a sentence
Fundingco shall use commercially reasonable efforts to complete the Fundingco Seed Financing and the Fundingco Secondary Financing.
Each of the parties hereto agrees to effect the combination of the respective businesses and assets of the Acquiror, Fundingco and BYND, by way of a series of steps or transactions including without limitation, the Secondary Financing, the Amalgamation Transaction and the Share Exchange Transaction.
The Secondary Financing Loan Documents are all dated as of October 31, 2007.
Notwithstanding the foregoing, the Loan shall be fully recourse to Borrower, in the event there is a Transfer or Secondary Financing except as permitted in the Loan Documents or otherwise approved in writing by Lender.
Until the Secondary Financing either closes or is terminated without closing, the Purchasers will be in possession of material non-public information about the Company.
In addition, Purchaser shall have filed for the Secondary Financing as provided for in Section 5.2 and shall have obtained the Secondary Financing at or prior to Closing.
Notwithstanding the foregoing, the Loan shall be fully recourse to the Borrower, in the event there is a Transfer or Secondary Financing except as permitted in the Loan Documents or otherwise approved in writing by Lender.
Purchaser shall have obtained the Bridge Financing, met its obligations as to the Registration Statement Filing Date in accordance with Section 5.2 and shall have received or at Closing will receive the Secondary Financing.
The foregoing prohibition on Secondary Financing shall not be applicable to holders of publicly traded shares of City Office.
Effective as of the Closing Date, the Investor hereby agrees to waive any provision of the Second Amended and Restated Note, which would otherwise prohibit the Collateral Transfer to the Financing Entity in connection with the Secondary Financing.