Additional Issuance Date Sample Clauses
The 'Additional Issuance Date' clause defines the specific date or dates on which a company may issue additional securities, such as shares or bonds, beyond the initial offering. In practice, this clause outlines the timing and conditions under which these new securities can be created and distributed, often in connection with follow-on financing rounds or convertible instruments. Its core function is to provide clarity and predictability for both the issuer and investors regarding when and how further issuances may occur, thereby reducing uncertainty and potential disputes about dilution or capital structure changes.
Additional Issuance Date. The term “Additional Issuance Date” shall mean the earlier of (i) the date upon which Licensee has Raised, on a cumulative basis, $10 million through one or more Equity Financings and/or Corporate Transactions, and (ii) the day immediately preceding the consummation of a Liquidation Event; provided, however that if Licensee has Raised an amount equal to or in excess of $10 million on the Initial Issuance Date, as contemplated by Section 3.1.1(b) above, then there shall be no Additional Issuance Date.
Additional Issuance Date. Invested Amount of Additional Class A Certificates...............$_____
Additional Issuance Date. 2. Invested Amount of Additional Class A Certificates............................................$_____
3. Invested Amount of Additional Class B Certificates............................................$_____
Additional Issuance Date