Significant Financing definition

Significant Financing means any sale by the Borrower of equity, including preferred stock (except preferred stock sold to Lender or any of its affiliates), or indebtedness for cash (or a combination thereof) exceeding $8,000,000.
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Significant Financing means an issue of Equity Securities of the Corporation or an initial public offering of equity securities of the Corporation (such securities or units of securities are referred to as the "Significant Financing Securities") for gross proceeds of at least US$500,000.
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Significant Financing means any raise of capital in the form of debt, equity, or a combination thereof, which results in net proceeds to or for the benefit or at the direction of the Company in an amount equal to, or in excess of, $50,000,000.“Subsidiary” means an entity, whether corporate, partnership, limited liability company, joint venture or otherwise, in which any Loan Party owns or controls 50.1% or more of the outstanding voting securities, including each entity listed on Schedule 2(j)(i) hereto.
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Examples of Significant Financing in a sentence

  • A Significant Financing Transaction is defined as an equity or debt transaction, or a sale of assets, whereby Maker raises in excess of $5,000,000 in cash proceeds.

  • In the event that GeoCities Japan does not have a Significant Financing Event on or prior to March 31, 2000, SOFTBANK will forgive, on April 1, 2000, the repayment of the Loan.

  • The Loan shall be repaid by GeoCities upon occurrence of a Significant Financing Event.

  • Significant Financing Event shall mean a non-US IPO or private placement that raises at least one billion five hundred million Japanese Yen (Y1,500,000,000.-) for GeoCities Japan.

  • The Company shall consummate the Significant Financing no later than January 15, 2020.

  • Except for this Agreement, the transactions contemplated hereby and the Significant Financing, the Loan Parties do not intend to pursue any additional debt or equity financing until after the closing of the Significant Financing and the payment in full of the obligations under the Notes.