Examples of Preferred Equity Financing in a sentence
The problems have been stemming from the consociational model, e.
The New Zealand ETS is a regulatory instrument with significant financial implications for participants.
SHAREHOLDERS’ EQUITY Preferred Equity Financing On January 11, 2010, the Company issued and sold 145 shares of non-convertible, redeemable Series A preferred stock to Optimus Life Sciences Capital Partners, LLC (“Optimus”) pursuant to the terms of a Preferred Stock Purchase Agreement between the Company and Optimus dated September 24, 2009 (the “ Purchase Agreement ”).
If there is a Preferred Equity Financing before the termination of this SAFE and prior to any Common Equity Financing, then on the initial closing of such Preferred Equity Financing, this SAFE will automatically convert into the number of shares of SAFE Preferred Stock equal to the Purchase Amount divided by the Conversion Price.
The obligations of the Debt Commitment Parties to provide Debt Financing under the Debt Commitment Letter and the Preferred Equity Financing Sources to provide Preferred Equity Financing under the Preferred Equity Commitment Letter are, in each case, subject to a number of customary conditions, including consummation of the Merger.