Common use of Qualified Financing Clause in Contracts

Qualified Financing. Concurrently with the closing of the Qualified Financing, AntriaBio shall issue to XOMA the shares and/or securities set forth in Section 1.4 of the Stock Agreement. Within fifteen (15) days following the closing of the Qualified Financing, AntriaBio shall pay XOMA the greater of (a) [*] of the net proceeds from the Qualified Financing and (b) Six Million Dollars ($6,000,000).

Appears in 3 contracts

Sources: License Agreement (XOMA Corp), License Agreement (Rezolute, Inc.), License Agreement