Equity Financing definition

Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

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Equity Financing means a bona fide transaction or series of transactions with the principal purpose of raising capital, pursuant to which the Company issues and sells Preferred Stock at a fixed pre-money valuation.

Equity Financing has the meaning set forth in Section 5.7.

Examples of Equity Financing in a sentence

• For a period beginning on the Closing Date and ending on the date that is twelve (12) months thereafter (the “Participation Period”), each Purchaser shall have the right, but not the obligation, to participate, in up to its Pro Rata Share (as defined below) of the aggregate of up to thirty percent (30%) of the securities offered in any Subsequent Equity Financing (as defined below), on the same terms and conditions as other purchasers in such Subsequent Equity Financing.

• Except as expressly set forth in the applicable Financing Documents, there are no (i) conditions to the obligation of the Equity Provider to fund the Equity Financing at the Closing or (ii) conditions to the obligations of the Debt Financing Sources to fund the Debt Financing at the Closing.

More Definitions of Equity Financing

Equity Financing means a bona fide transaction or series of transactions with the principal purpose of raising capital, pursuant to which the Company issues and sells Preferred Stock at a fixed pre-money valuation.

Equity Financing means a bona fide transaction or series of transactions with the principal purpose of raising capital, pursuant to which the Company issues and sells Preferred Stock at a fixed valuation, including but not limited to, a pre-money or post-money valuation.

Equity Financing shall have the meaning set forth in Section 4.6(a).

Equity Financing means the equity financing to be provided pursuant to the Equity Commitment Letter.

Equity Financing has the meaning set forth in Section 4.5(b).

Equity Financing shall have the meaning provided in Section 6.06.

Equity Financing means the equity financing incurred or to be incurred pursuant to the Equity Commitment Letter.