Concurrent Financing definition

Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

Concurrent Financing has the meaning set forth in the Recitals of the Note Subscription Agreement.

Concurrent Financing means financing in the form of debt or equity (whether convertible or otherwise) by the Company to occur after the date hereof and prior to the Closing.

Examples of Concurrent Financing in a sentence

• On April 20, 2015, proceeds from the Concurrent Financing were used to repay the second loan payable with BDC, which had an outstanding balance of $92 on the date of repayment.

• The consideration for the Transaction, being the equity instruments issued by Pucara Resources in return for the listing status, was based on the fair value of the common shares of Pucara Resources of $0.40 per share, consistent with the value of the Concurrent Financing, and Pucara Options with a fair value of $0.29 per option (determined using the Black‐Scholes option pricing model).

• Assuming the exercise of 1,774,090 Warrants issued to the consultants pursuant to the WI Consulting Agreement and in connection with the Concurrent Financing.

• In connection with the Qualifying Transaction, the agents of the brokered portion of the Concurrent Financing received 458,080 broker warrants (each, a “Broker Warrant”).

• Concurrent Financing On July 31, 2020, JNMI completed a brokered private placement financing.

More Definitions of Concurrent Financing

Concurrent Financing means an equity or debt financing that may be completed by MichiCann concurrently with the closing of the RTO.

Concurrent Financing means the non-brokered private placement offering of Subscription Receipts pursuant to which the Company raised gross proceeds of $10,500,000 through the issuance of 35,000,000 Subscription Receipts, on a post-Company Split basis, at price of $0.30 per Subscription Receipt;

Concurrent Financing means a non-brokered private placement of Subscription Receipts at a price of $0.50 per Subscription Receipt, or any other debt or equity financing of the Purchaser or the Company as to be mutually determined by the Company and the Purchaser, acting reasonably, for aggregate minimum gross proceeds of $8,000,000;

Concurrent Financing means the issuance of Ordinary Shares or ADSs on substantially the same terms as contained in this Agreement to other investors (the “Other Purchasers”); provided that (i) such Other Purchasers, if any, shall have entered into securities purchase agreement(s) (the “Other SPAs”) on the date hereof or no later than 45 days following the date hereof; (ii) the price per each ADS sold to Other Purchasers shall either (A) not be lower than the Per ADS Purchase Price (or, for the sake of clarity, if the issuance is of Ordinary Shares, rather than ADSs, a price per Ordinary Share that is not lower than the Per ADS Purchase Price multiplied by 30) or (B) if it is lower than the Per ADS Purchase Price (such lower price per ADS being referred to as the “Adjusted Per ADS Purchase Price”), then the Per ADS Purchase Price hereunder shall, for all intents and purposes be modified to be equal to the Adjusted Per ADS Purchase Price and the Purchaser shall be issued at the Closing a number of ADSs equal to the Subscription Amount divided by the Adjusted Per ADS Purchase Price (or, if Closing shall have occurred prior to the execution of such securities purchase agreements with the Other Purchaser(s), shall be issued the additional ADSs to which such Purchaser would have been entitled had the initial Per ADS Purchase Price been the Adjusted Per ADS Purchase Price); and (iii) the aggregate purchase price for the sale of the ADSs and/or Ordinary Shares (including the Aggregate Purchase Price hereunder) under this Agreement and the Other SPAs (the “Total Round”) shall not exceed the Maximum Round Amount. EXECUTION COPY

Concurrent Financing means the equity financing to be conducted by Deploy, to raise aggregate gross proceeds of not less than US$4,000,000 through the issuance of Deploy Units (each Deploy Unit consisting of one post-Consolidation Deploy Share and one Deploy Warrant) at a price of CAD $0.66 per Deploy Unit;

Concurrent Financing means the private placement of Westbay Shares at a price $0.45 per Westbay Share for aggregate gross proceeds of not less than $3,000,000;

Concurrent Financing means the non-brokered private placement to be completed by the Purchaser of post-consolidation Common Shares at a price of $0.25 per Common Share for aggregate gross proceeds of not less than $1,500,000. A commission of 7% in cash and 7% in finder warrants may be payable and issuable to third parties in connection with the portion of the Concurrent Financing they are responsible for;