First Funding Amount definition

First Funding Amount means an amount equal to Six Million Dollars ($6,000,000); payable as (a) Four Million Five Hundred Thousand Dollars ($4,500,000) at the First Closing, (b) One Million Dollars ($1,000,000), less the Commitment Fee, as of the execution date of the First Amendment to this Agreement, dated August 23, 2023, and (c) Five Hundred Thousand Dollars ($500,000), less the Commitment Fee, within five (5) Business Days following the Company providing written confirmation to the Investor that the Registration Statement has been filed with the SEC and that there is no ongoing Event of Default or that no Event of Default will occur as a result of such additional funding.
First Funding Amount means an amount equal to Six Million Five Hundred Thousand Dollars ($6,500,000); payable as (a) Four Million Five Hundred Thousand Dollars ($4,500,000) at the First Closing, (b) One Million Dollars ($1,000,000), less the Commitment Fee, as of the execution date of the First Amendment to this Agreement, dated August 23, 2023, (c) Five Hundred Thousand Dollars ($500,000), less the Commitment Fee, within five (5) Business Days following the Company providing written confirmation to the Investor that the Registration Statement has been filed with the SEC and that there is no ongoing Event of Default or that no Event of Default will occur as a result of such additional funding and (d) Five Hundred Thousand Dollars ($500,000), less the Commitment Fee, as of the execution date of the Second Amendment to this Agreement.
First Funding Amount means an amount equal to Four Million Seven Hundred Fifty Thousand Dollars ($4,750,000), payable as (a) Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000), less the Commitment Fee, at the Closing, (b) Five Hundred Thousand Dollars ($500,000), less a commitment fee equal to $15,000, as of the execution date of the First Amendment to this Agreement, dated August 2, 2023, and (c) Five Hundred Thousand Dollars ($500,000), less a commitment fee equal to $15,000, within five (5) Business Days of the later of (i) the Company having filed a preliminary proxy statement with the SEC for the purpose of obtaining Stockholder Approval and (ii) the execution date of this Amendment, and the Company shall also confirm to the Investor that there is no Event of Default that has occurred or will occur as a result of such additional funding.

Examples of First Funding Amount in a sentence

  • Finally, we replicate our results in the pre-matched sample.4.3. Exact Matching on First Funding Amount Ventures going through an acceleration program generally receive a significantly smaller amount of financing compared to startups selected by angel and other institutional investors (Yu, 2020).

  • Sumber: Tesis Fitriani, 2014Gambar 6Plot () di Batas Atas Ketiga tipe keoptimalan di atas di- temukan pada model keoptimalan 1 de- ngan persamaan [ 7].


More Definitions of First Funding Amount

First Funding Amount. The definition of “First Funding Amount” is hereby restated to read as follows:
First Funding Amount in the Purchase Agreement. The definition of “First Funding Amount” in the Purchase Agreement is hereby restated to read as follows:
First Funding Amount means an amount equal to Six Million Dollars ($6,000,000); payable as Four Million Five Hundred Thousand Dollars ($4,500,000) at the First Closing and One Million Five Hundred Thousand Dollars ($1,500,000) within two (2) Business Days of the Company providing written confirmation to the Investor that (1) the Company has filed with the SEC the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2022, (2) such filing and the financial statements included therein comply in all material respects with the requirements of Form 20-F, the 1934 Act and the rules and regulations of the SEC promulgated thereunder, and (3) such financial statements have been prepared in accordance with IFRS, and audited by a firm that is a member of the Public Companies Accounting Oversight Board consistently applied, during the periods involved (except as may be otherwise indicated in such financial statements or the notes thereto) and fairly present in all material respects the consolidated financial position of the Company as of the dates thereof and the consolidated results of its operations and consolidated cash flows for the periods then ended.
First Funding Amount means an amount equal to Twenty Million Dollars ($20,000,000).
First Funding Amount means an amount equal to Six Million Five Hundred Thousand Dollars ($6,500,000); payable as
First Funding Amount means an amount equal to Four Million Seven Hundred Fifty Thousand Dollars ($4,750,000), payable as (a) Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000), less the Commitment Fee, at the Closing, (b) Five Hundred Thousand Dollars ($500,000), less a commitment fee equal to $15,000, as of the execution date of the First Amendment to this Agreement, dated August 2, 2023, and (c) Five Hundred Thousand Dollars ($500,000), less a commitment fee equal to $15,000, within five (5) Business Days following the later of
First Funding Amount means an amount equal to Three Million Dollars ($3,000,000); payable as Two Million Dollars ($2,000,000), less the Commitment Fee, at the Closing and One Million Dollars ($1,000,000), less a commitment fee equal to $30,000, within five (5) Business Days of the Company providing written confirmation to the Investor that (i) the Stockholder Approval has been received, (ii) the Registration Statement has been declared effective, (iii) there is no Event of Default that has occurred or will occur as a result of such additional funding, and (iv) each Subordination Agreement has been duly executed and delivered by the Company, the Investor and the applicable Junior Credit party thereto (with copies delivered to the Investor) and in full force and effect.