First Financing definition

First Financing means the closing of the sale and/or issuance of equity and/or debt securities by Gendux, as a result of which the cumulative total of cash proceeds from such financings received by Gendux exceeds [*].

First Financing means the actual receipt (and not merely a commitment, covenant, or other contractual obligation to invest) by the Company of an investment in the amount of at least Four Million Dollars (USD$4,000,000) in exchange for no more than 3,200,000 shares of the Company’s Common Stock sold at the First Closing Share Price.

First Financing means the accomplishment of an investment by --------------- investors of at least $250,000 in the Licensee. "Additional Financing" means the -------------------- accomplishment of an investment by investors of at least $1,000,000 subsequent to the First Financing.

Examples of First Financing in a sentence

• The number of shares of the CF Shadow Series of such Preferred Stock shall equal to the quotient obtained by dividing (x) the Purchase Amount by (y) the First Financing Price.

• If there is a Liquidity Event after one or more Equity Financings have occurred but before the termination of this instrument, the Investor will, at its option, either (i) receive a cash payment equal to the Purchase Amount (as described in the foregoing paragraph) or (ii) automatically receive from the Company a number of shares of the most recent issued Preferred Stock equal to the Purchase Amount divided by the First Financing Price, if the Investor fails to select the cash option.

• The decision on SCE’s First Financing Order (D.20-11-007) approved the same structure.

• If there is a Liquidity Event after one or more Equity Financings have occurred but before the termination of this instrument, the Investor will, at its option, either (i) receive a cash payment equal to the Purchase Amount (as described in the foregoing paragraph) or (ii) automatically receive from the Company a number of units of the most recent issued Preferred Securities equal to the Purchase Amount divided by the First Financing Price, if the Investor fails to select the cash option.

• In addition to the Additional Option, you will have the right to purchase securities issued in connection with the First Financing on the same terms, conditions and price as other investors, so that your total restricted shares, stock options and any other securities of the Company equal at least 6.5% of the total number of the fully- diluted shares of the Company’s Common Stock as of the closing of the First Financing.

More Definitions of First Financing

First Financing means a financing by the Company at a price of more than $0.18 per Share by way of issuance of up to 13,888,888 Shares and resulting in gross proceeds received by the Company of at least $2.5 million (on a pre-Consolidation basis);

First Financing means issuance and sale of one or more equity or debt securities to third parties (who are not affiliates of Consultant) having an aggregate minimum value of $10 million paid to Company.

First Financing means the closing of the first transaction or series of transactions in which one or more financial investors purchase equity, debt, or other securities of GS, or an Affiliate thereof, for aggregate gross proceeds of US$350,000, or such lesser amount as GS reasonably determines is necessary to finance the contemplated six (6) month Marketing Test Period (as defined below).

First Financing has the meaning set forth in Section 2.8;

First Financing means, subject to Paragraph 5.1.4, the financing completed by the Purchaser or Vector (as hereinafter defined) that next follows the Closing, including without limitation, (i) any borrowing of capital, public offering, private placement or similar distribution of Purchaser's or Vector securities, if any, or (ii) any receipt of proceeds from collaborative agreements to which the Purchaser or Vector is a party, such as, but not limited to, licensing agreements; 1.1.25 "FURNISHINGS AND EQUIPMENT" means all of the furnishings, scientific and research apparatus, measuring and other devices, equipment, tools, shelves, racks, supplies, computer hardware and software, signs, accessories, maintenance equipment and all other tangible property used in the Business and owned or leased by the Seller, including, without limitation, the furnishings and equipment listed in Schedule 1.1.25 hereto; 1.1.26 "GOODWILL" means the goodwill of the Seller, including without limitation, all books, records and other materials relating principally or solely to the Business, provided that Purchaser's access to books, records, and other materials relating other than solely to the Business shall be governed by Sub-Section 3.5 hereof. Goodwill does not include items relating to the Excluded Liabilities or the Excluded Assets (in any form or medium). Goodwill does include (i) advertising materials, catalogues, drawings, technology, blueprints, flow sheets, correspondence, mailing lists, purchasing materials and records, reports, data, manuals, accounting records, sales order files, cost sheets and all other books, documents, records and data relating to the Business that are in the possession of the Seller or the Parent other than any such items relating to the Excluded Liabilities or the Excluded Assets, (ii) all goodwill related to the Intellectual Property, (iii) all of the Seller's rights and interest in and to the name "ChromaXome Corporation" and/or any variation or facsimile thereof, the exclusive right of the Purchaser to represent itself as carrying on the Business as a continuation of and in succession to the Seller and the right to use any words indicating that the Business is so carried on, and (iv) all other goodwill associated with the other Purchased Assets; 1.1.27 "GOVERNMENTAL AUTHORITY" means any nation or government, any state or other political subdivision thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pert...

First Financing means the first financing in which COMPANY raises equity funding from sources other than The Castle Group, 375 Park Avenue, New York, NY ("CASTLE") or its AFFILIATES of, in xxxxx, xx xxxxx *** xxxxxxxd, however, that the FIRST FINANCING may include an offering conducted by Paramount Capital, 375 Park Avenue, New York, NY, and investments made by any fxxxx xxxxxxx xx Xxxxx Xxxxxxxxx Services Inc., New York, NY, in such Paramount- led offering provided that in the aggregate such Aries investments represent less than *** of such offering.

First Financing means TIANSHI’s first financing consummated substantially contemporaneously with the Effective Date for the primary purpose of raising capital.