Upfront Shares definition

Upfront Shares means 125,000 Shares.
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Upfront Shares has the meaning set forth in Section 8.1.
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Upfront Shares means [___________] Shares.
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Examples of Upfront Shares in a sentence

  • The Upfront Payment Amount (or the Upfront Shares in lieu of the Upfront Payment Amount, if applicable) shall be non-refundable and shall not be creditable.

  • Ocuphire is able to bear the economic risk of an investment in the Upfront Shares and, at the present time, is able to afford a complete loss of such investment.

  • The Parties acknowledge and agree that the $15 million paid to Verily or Verily Upfront Shares issued directly to Verily under this Section 8.1 are attributable to a buyout of the First Product milestone described in Section 8.2.1 of the Original Agreement.

  • The Upfront Payment Amount shall be paid as follows, at the direction of Verily: (1) $15 million (or six percent (6%) of Upfront Shares, which shall be “Verily Upfront Shares”), to Verily and (2) $235 million (or ninety four percent (94%) of Upfront Shares) to Onduo and shall be issued pursuant to the Stock Purchase Agreement (as defined below).

  • In the event that a Series B Financing has not occurred prior to December 31, 2017, LICENSEE shall issue to NOVARTIS, no later than January 15, 2018, the number of shares of Series A Preferred Stock equal to the number of Upfront Shares issued pursuant to Section 5.1.1 (in either case, such shares are referred to as “Subsequent Shares”); provided, however, [***].

  • In connection with the issuance of the Upfront Shares, NOVARTIS shall become a party to all other agreements to which other holders of the Series A Preferred Stock have become parties in connection with their purchase of Series A Preferred Stock together with such other customary documents as LICENSEE may reasonably request, [***].

  • Ocuphire, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Upfront Shares, and has so evaluated the merits and risks of such investment.

  • TGTX shall deliver to Licensor a stock certificate representing the Upfront Shares on the Effective Date or within five business days thereafter, provided that in any event such stock certificate is delivered on or before June 30, 2014.

  • Coronado becomes obligated on the Effective Date to pay Licensor the Upfront Fee and the Upfront Shares in partial consideration of the rights granted to Company under this Agreement.

  • The Company will provide written notice to GLS as soon as reasonably practicable following the Upfront Shares being registered under the Securities Act and available for issuance to GLS (such notice, the “Registration Notice”).


More Definitions of Upfront Shares

Upfront Shares. For each Transaction, as set forth in the corresponding Supplemental Confirmation. Upfront Share Delivery Date: Hedging Initiation Date Initial Share Delivery: MLI shall deliver a number of Shares equal to 100% of the Minimum Shares minus any Upfront Shares to Counterparty on the Initial Share Delivery Date. Initial Share Delivery Date: One (1) Exchange Business Day following the Hedging Completion Date. The Initial Share Delivery Date shall be deemed to be a “Settlement Date” for purposes of Section 9.4 of the Equity Definitions.
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Upfront Shares has the meaning set forth in Section 4.1.
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Upfront Shares shall equal the number of whole shares, rounded up, determined by dividing (i) $2,737,500 less (1) an amount in cash equal to the Transaction Expenses, (2) an amount in cash equal to the Upfront Bonus Pool, (3) an amount in cash equal to the Upfront Xxxxx Fee, and (4) an amount in cash equal to the aggregate outstanding principal and accrued interest outstanding on financing instruments by and between Seller and Buyer as of the Closing, less those liabilities set forth on SCHEDULE 1 (such net number, the “Upfront Amount”) by (ii) $9.68.
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Upfront Shares means 1,313,127 shares of Buyer Common Stock and 63,743 shares of Buyer Series B Preferred Stock.
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Upfront Shares has the meaning given in clause 11.4(e)(1). Warranties the representations and warranties in Schedule 2.
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Related to Upfront Shares

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Common Shares means the common shares in the capital of the Corporation;

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Original Shares means, when used in reference to any one or more Stockholders, the Shares held by such Stockholder on November 30, 2010, or any shares or other securities into which or for which such Shares may have been converted or exchanged in connection with any exchange, reclassification, dividend, distribution, stock split, combination, subdivision, merger, spin-off, recapitalization, reorganization or similar transaction.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Purchased Shares has the meaning set forth in Section 2.01.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Newco Shares means the common shares in the capital of Newco;

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • Sold Shares shall have the meaning specified in Section 6.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.