Next Round means the Company’s next sale of its convertible preferred stock (other than Series B Preferred Stock) to purchasers which include venture capital investors.
Next Round means the next Equity Round in which the Company issues and sells shares of its preferred stock and any options, warrants, rights or other securities that are exercisable, convertible or exchangeable into, or otherwise provide the right to purchase or acquire shares of such preferred stock.
Next Round means the first equity financing, or extension of an existing round of equity financing, occurring after the Closing Date, in which You issue preferred stock for aggregate gross cash proceeds of at least Five Million Dollars ($5,000,000) (with aggregate proceeds to include the amounts that the investors in such financing have committed to invest, in accordance with the terms of the financing documents after the initial closing under such documents and to exclude any amounts receivable upon, or attributable to, conversion or cancellation of indebtedness), whether in a single or multiple closings.
Examples of Next Round in a sentence
Hoekman, Bernard, The Next Round of Services Negotiations: Identifying Priorities and Options.
Hoekman, The Next Round of Services Negotiations: Identifying Priorities and Options, p.
The Review of International Economics, May 2001; Hoekman, Bernard, the Next Round of Services Negotiations: Identifying Priorities and Options.
Tuttle, Zelman’s Future: Vouchers, Sectarian Providers, and the Next Round of Constitutional Battles, 78 NOTRE DAME L.
After you have decided how to allocate your earned points between half falafel sandwiches and pizza slices, press the "Confirm Choice" button, followed by the "Proceed to the Next Round" button.
More Definitions of Next Round
Next Round means (i) the next bona fide round of equity financing in which You issue and sell shares of your preferred stock for aggregate gross cash proceeds of at least $5,000,000 (excluding any amounts received upon conversion or cancellation of indebtedness), (ii) Your initial public offering or (iii) the consummation of a Merger Event in which You are not the surviving entity, whichever is to occur first, subsequent to the Effective Date.
Next Round means the next transaction after the Closing Date, other than an IPO, in which the Company issues and sells a class or series of preferred stock in connection with a bona fide round of equity financing resulting in net aggregate proceeds to Company of at least $2,000,000.
Next Round means the next Equity Round in which the Company issues and sells shares of its preferred stock;
Next Round means the first subsequent Equity Round following the date of this Agreement in which the Company issues and sells shares of its preferred stock for aggregate gross cash proceeds of at least $5,000,000.
Next Round means each equity financing occurring after the Closing Date which is a private offering or a private investment in public equity or a similar transaction, in which Borrower sells and issues capital stock, whether in a single or multiple closings, in an amount greater than One Million Dollars ($1,000,000).
Next Round means the first sale in a venture capital financing by Borrower of its equity or convertible debt securities (post Series B) that closes after the Amendment Date in which Borrower receives gross proceeds of at least $5,000,000.