Company SAFE definition
Company SAFE means each simple agreement for future equity of the Company issued, and that remains outstanding, entitling the holder thereof to conversion rights of the principal amount and accrued interest thereon into Company Shares in connection with certain events.
Company SAFE means that certain Simple Agreement for Future Equity in the amount of $500,000 issued by the Company on or about April 23, 2018 to ROCO Real Estate LLC convertible into Company Capital Stock.
Company SAFE means each of those certain Simple Agreements for Future Equity issued by the Company and outstanding immediately prior to the Effective Time.
Examples of Company SAFE in a sentence
The Company shall use its commercially reasonable efforts to obtain duly executed copies of all such letter of transmittals, and Pubco shall not issue Pubco Ordinary Shares in respect of Company SAFEs until it shall have received from each holder thereof such letter of transmittal, completed and duly executed by such holder, with respect to such Company SAFE.
Each Holder of Company SAFEs that are outstanding immediately prior to the Company Merger Effective Time shall receive in full settlement for the conversion and cancellation of such Company SAFE, a number of Pubco Ordinary Shares determined in accordance with Section 1.9(d).
More Definitions of Company SAFE
Company SAFE means each outstanding Simple Agreement for Future Equity entered into by and between the Company and the counterparty named therein.
Company SAFE means each of the simple agreement for future equity by and between Moolec and the Company SAFE Holder named therein (an “Original SAFE”) or any simple agreement for future equity between the Company and that Company SAFE Holder issued in consideration for the contribution by the Company SAFE Holder of its rights in the Original SAFE to the Company (in which case the Original SAFE ceased to be a “Company SAFE”) with such adjustments required under Luxembourg law.
Company SAFE means any Simple Agreement for Future Equity issued by the Company.
Company SAFE means the Simple Agreements for Future Equity of the Company that are outstanding as of the date hereof listed on Exhibit F hereto.
Company SAFE means, in each case, an instrument containing a future right to shares of Company Stock.
Company SAFE. Schedule A, Section 1.2