SUCCESSFUL FINANCING definition

SUCCESSFUL FINANCING means a bona fide investment in LICENSEE from a single or group of institutional investors of at least Three Million Five Hundred Thousand Dollars ($3,500,000);
SUCCESSFUL FINANCING means the cumulative financing of LICENSEE equal to at least $[***], exclusive of any grants awarded to LICENSEE.
SUCCESSFUL FINANCING means cumulative funding raised by LICENSEE of at least $[**], excluding grant funding.

Examples of SUCCESSFUL FINANCING in a sentence

  • Such five percent (5%) equity interest shall take into account issued, reserved or presently planned management restricted stock, options and warrants but shall exclude subsequently issued, reserved or planned equity, common stock, Preferred Shares, options and Warrants issued to investors pursuant to the initial SUCCESSFUL FINANCING.

  • In addition, LICENSEE shall pay the amount of YALE’s unreimbursed patent expenses incurred on or after the EFFECTIVE DATE to the date of the closing of the SUCCESSFUL FINANCING within [**] after closing of the SUCCESSFUL FINANCING; provided however, the amounts due in (b) shall be payable no later than [**] after the EFFECTIVE DATE.

  • ANNOUNCES SUCCESSFUL FINANCING Hallandale, FL - March 27, 2000 - Thrift Management, Inc.

  • The strong team is our key strength as a company.» SUCCESSFUL FINANCING ROUND Shortly after its foundation the company was award- ed a grant by the «Swiss Start-up Foundation» to support the launch of its operations.


More Definitions of SUCCESSFUL FINANCING

SUCCESSFUL FINANCING is defined in Section 2.06(b)(ii).
SUCCESSFUL FINANCING means the receipt by Purchaser of gross proceeds in the aggregate amount of $10,000,000 or more through the issuance and sale by Purchaser of any equity securities of Purchaser in one or a series of closings.
SUCCESSFUL FINANCING is defined in .
SUCCESSFUL FINANCING means a bona fide investment in LICENSEE from a single investor or group of investors of [***].

Related to SUCCESSFUL FINANCING

  • Successful Syndication shall have the meaning given to such term in the Fee Letter.

  • Successful Vendor means the organization or person with whom the order is placed or who is contracted to execute the work as detailed in the bid.

  • Successful Bid means the Bid of the Successful Bidder for acquisition of the Corporate Debtor on Going Concern basis as declared by the Liquidator as per this Process Memorandum;

  • Successful Proponent means a Proponent who the City may award the agreement to, as a result of this RFP document.

  • Successful Bidder As defined in Section 7.01(c).

  • Successful Proposer means any Proposer selected by the University to receive an Award as a result of this RFP and to enter into a Contract to provide the University with the products or services sought by this RFP.

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Successful Remarketing means, as applicable, a Successful Optional Remarketing or a Successful Final Remarketing.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Successful Applicant means an “employee applicant” or “applicant” who has been offered employment within this Bargaining Unit by the Employer.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • New Financing has the meaning specified in Section 2.04(a).

  • Exit Financing means the financing under the Exit Facility.

  • PIPE Financing has the meaning set forth in the recitals to this Agreement.

  • Qualified Financing is a transaction or series of transactions pursuant to which the Company issues and sells shares of its capital stock for aggregate gross proceeds of at least $5,000,000 (excluding all proceeds from the incurrence of indebtedness that is converted into such capital stock, or otherwise cancelled in consideration for the issuance of such capital stock) with the principal purpose of raising capital.

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Cash-Out Refinancing A Refinanced Mortgage Loan the proceeds of which were in excess of the principal balance of any existing first mortgage on the related Mortgaged Property and related closing costs, and were used to pay any such existing first mortgage, related closing costs and subordinate mortgages on the related Mortgaged Property.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, UCC financing statements or other perfection documents, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.