Successful Capital Raise definition

Successful Capital Raise. Section 1.4 “Successor Person” Section 2.11(a)(iv)(2)

Successful Capital Raise means the Debtor’s raising of not less than $10,500,000 in funding through a private placement of common stock of the Reorganized Debtor (with up to $3,000,000 of such $10,500,000 allowable in the form of backstop irrevocable capital call commitments from creditworthy obligors in the reasonable judgment of the Lenders). Existing holders of Common Stock Equity Interests in the Debtor that are accredited investors may have the opportunity, at the sole and absolute discretion of the Debtor, to participate in the private placement. Binding commitments for a Successful Capital Raise must be received on or before the date that is five (5) days before the Confirmation Hearing and such commitments shall be fully funded (or secured in the case of a backstop irrevocable capital call commitment) no later than the Effective Date. The Successful Capital Raise shall be in accordance with applicable federal securities laws, including those laws governing the registration and sale of new securities and/or any applicable law related to private placements.

Examples of Successful Capital Raise in a sentence

• It is tempting therefore to hy- pothesize that there are at least three families of SOCs each with different bond configurations on the carbon surface, say with one, two, and three bonds and to drive them off the carbon surface requires activation energies of 120, 180, and 240 kJ/mol, respectively.

• Upon successful completion of the onboarding process, you will be registered and will be issued an User Account with a username, password and other necessary account information as may be relevant and/or appropriate.

• The cash portion of the fee award shall be paid at a maximum rate of $425 per hour and the remaining portion of such fee award shall be paid in New Common Stock at the same per share price paid in the Successful Capital Raise (plus a gross-up cash allowance for taxes payable on account of any equity issued).

• Statt die Wissenschaft, die Wirtschaft und die Demokratie in Reinform zu besitzen, finden wir sie durch Interessen eines Sprach- und Kulturraums, durch die einer <<nationalen>> Volkswirtschaft, vielleicht sogar bloß durch die Interessen gewisser Unternehmen durchmischt.Globalisierungslegitim ist aber lediglich die Reinform: ein Europa, dem eine Enteuropäisierung bzw.

• If the Debtor achieves a Successful Capital Raise, then the amount raised will be available, along with proceeds of the DIP Loan Agreement (consistent with the Budget), to pay in full all amounts owing by the Debtor under the Plan.

• Management and Board of Directors Scenario A: In the event of a Successful Capital Raise, the Reorganized Debtor shall have five board members, whose names will be disclosed in the Plan Supplement.

• Solely in the event of a Successful Capital Raise and the applicability of Scenario A under the Plan, the terms of the Short-Selling Bar Agreement and the related restrictive legend are hereby approved.

• If the Debtor is unable to achieve a Successful Capital Raise (in such event, an “Unsuccessful Capital Raise”), then the Plan contemplates alternative treatment of certain Claims and Interests.

• Binding commitments for a Successful Capital Raise must be received on or before the date that is five (5) days before the confirmation hearing and such commitments shall be fully funded (or secured in the case of a backstop commitment) no later than the Effective Date.

• Notwithstanding anything to the contrary in the Plan or this Order, binding capital commitments shall be deemed timely for purposes of a Successful Capital Raise if received by the Combined Hearing.