Venture Capital Financing definition

Venture Capital Financing means the first transaction or series of transactions to occur after October 26, 2011 involving the issuance or sale of additional shares of capital stock, or securities directly or indirectly convertible or exchangeable for capital stock, of the Company that would result in at least $35,000,000 in aggregate gross proceeds to the Company, including by way of the conversion of any outstanding debt.
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Venture Capital Financing as used herein shall refer to the sale by Acusphere of Venture Capital Shares in a private placement to one or more institutional investors resulting in aggregate gross proceeds to Acusphere of at least $5,000,000, excluding any securities issued in connection with an acquisition transaction. In the foregoing clauses (a) and (b) of this Section 3.4, the term Shares shall exclude any such Shares which constitute Venture Capital Shares and which are purchased by Alexandria pursuant to this clause (c).
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Venture Capital Financing means any sale or issuance by Achaogen of its equity securities to investors for capital raising purposes with total cash proceeds received by Achaogen of not less than $[***] under this Agreement. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. XXXXXXXXXXXXXX PROGRAM PATENTS [***] [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. EXHIBIT 4.1 FORM OF STOCK ISSUANCE AGREEMENT EXHIBIT 4.2 Following is an example of the application of credits under Section 4.2. Assume Achaogen develops the first Aminoglycoside Product through [***] on its own, and pays to Isis the $1M IND milestone and the $2M Initiation of Phase II Clinical Trial milestone under Section 4.3. Achaogen subsequently enters into a partnering agreement and receives Sublicense Revenue of $25M with respect to such Aminoglycoside Product. The net amount payable to Isis with respect to such $25M Sublicense Revenue would equal $[***] (i.e., [***] of such Sublicense Revenue, or $[***], less a combined credit of $3M for the IND milestone and the Initiation of Phase II milestone previously paid). Following receipt of such Sublicense Revenue, the Sublicensee initiates the first Phase III Clinical Trial for such Aminoglycoside Product; upon Initiation of such Phase III Clinical Trial, Achaogen would owe Isis an additional $[***] under Section 4.3 (i.e., the $4M Initiation of Phase III milestone under Section 4.3, less a credit equal to the $[***] Sublicense Revenue payment described above). [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Examples of Venture Capital Financing in a sentence

  • A debt secured by any agreement with a third party is not a Venture Capital Financing, whether or not you have a security interest in any asset of the third party or have recourse against the third party.

  • Venture Capital Financing means an investment represented by common or preferred stock, a limited partnership interest, or a similar own- ership interest; or by an unsecured debt instrument that is subordinated by its terms to all other borrowings of the issuer.

  • A Financing that originally quali- fied as a Venture Capital Financing will continue to qualify (at its original cost), even if you later must report it on SBA Form 468 under either Assets Acquired in Liquidation of Portfolio Securities or Operating Concerns Ac- quired.[61 FR 3189, Jan.

  • Stephens Written for CLE INTERNATIONAL's February 22-23, 2001 Venture Capital Financing Conference in Austin, Texas.

  • In determining whether you have maintained the ratio, SBA will disregard any prepayment, sale, or dis- position of Venture Capital Financing, any increase in Leverageable Capital, and any receipt of additional Leverage, within 120 days prior to the end of your fiscal year.

  • As Craig Pirrong observes:If interconnectedness among big financial institutions is the source of a systemic risk problem, creating a central counterparty is an odd way to “solve” it.

  • A Financing that originallyqualified as a Venture Capital Financing will continue to qualify (at its originalcost), even if you later must report it on SBA Form 468 under either AssetsAcquired in Liquidation of Portfolio Securities or Operating ConcernsAcquired.

  • See Erik Berglof, A Control Theory of Venture Capital Financing, 10 J.

  • The issue of the effective date of replacement is also being discussed with significant differences of opinions in the delegations.

  • RICHARD LANGE Chief Compliance Officer • 30+ years experience in Project Integration, Infrastructure Projects, Venture Capital Financing and Structured Finance.


More Definitions of Venture Capital Financing

Venture Capital Financing means:
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Venture Capital Financing means (i) ------------------------- the Company's sale of Securities to venture capital, institutional or private investors in which at least $3,000,000 in gross cash proceeds are received by the Company (including proceeds resulting from the conversion of the Note) and (ii) the terms and conditions of such sale of Securities being reasonably satisfactory to the Holder.
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Venture Capital Financing means a sale of shares of the Company's Series B Preferred Stock to venture capital, corporate, institutional or private investors after the date of this Warrant (and not in connection with equipment financing transactions). This Warrant is subject to the following terms and conditions:
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Venture Capital Financing means shall mean the first transaction or series of transactions to occur after the date hereof involving the issuance or sale of Shares that would result in at least $35,000,000 in aggregate gross proceeds to the Company; provided, however, that the indicated amount representing the Venture Capital Financing shall be reduced dollar-for-dollar by the principal amount of the indebtedness incurred by the Company with respect to the Maryland Loan (in no event to exceed $2,000,000).
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Related to Venture Capital Financing

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Core Capital means fully paid up members‟ shares, capital issued, disclosed reserves, retained earnings, grants and donations all of which are not meant to be expended unless on liquidation of the Sacco society

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • GE Capital Fee Letter means that certain letter, dated as of the Closing Date, between GE Capital and Borrower with respect to certain Fees to be paid from time to time by Borrower to GE Capital.

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

  • Permitted Joint Venture Investment means an Investment by such Person in any other Person engaged in the Oil and Gas Business (a) over which such Person is responsible (either directly or through a services agreement) for day-to-day operations or otherwise has operational and managerial control of such other Person, or veto power over significant management decisions affecting such other Person, and (b) of which at least 30% of the outstanding Equity Interests of such other Person are at the time owned directly or indirectly by such Person.

  • 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.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness (other than Working Capital Borrowings and other than for items purchased on open account or for a deferred purchase price in the ordinary course of business) by any Group Member and sales of debt securities of any Group Member; (b) issuances of equity interests of any Group Member (including the Common Units sold to the IPO Underwriters in the Initial Public Offering) to anyone other than the Partnership Group; (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business and (ii) sales or other dispositions of assets as part of normal retirements or replacements; and (d) capital contributions received by a Group Member.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Bridge Financing has meaning set forth in Section 7.6.

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

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

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

  • Virginia venture capital account means an investment fund that has been certified by the

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Capital Markets Debt means any debt securities or debt financing issued pursuant to an indenture, notes purchase agreement or similar financing arrangement (but excluding any credit agreement) whether offered pursuant to a registration statement under the Securities Act or under an exemption from the registration requirements of the Securities Act.

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Capital Markets Indebtedness means any Indebtedness consisting of bonds, debentures, notes or other similar debt securities issued in (a) a public offering registered under the Securities Act, (b) a private placement to institutional investors that is resold in accordance with Rule 144A or Regulation S of the Securities Act, whether or not it includes registration rights entitling the holders of such debt securities to registration thereof with the SEC or (c) a placement to institutional investors. The term “Capital Markets Indebtedness” shall not include any Indebtedness under commercial bank facilities or similar Indebtedness, Capitalized Lease Obligation or recourse transfer of any financial asset or any other type of Indebtedness incurred in a manner not customarily viewed as a “securities offering.”

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Bridge Facility means the Commitments and any Advances made thereunder.