Funding Threshold definition

Funding Threshold means an aggregate total investment of [***] in cash, in one or a series of related transactions, in each case, in exchange for the Company’s capital stock.

Funding Threshold means a total gross investment, since the date of CTI’s incorporation, of Ten Million U.S. Dollars ($10,000,000) in cash in exchange for CBI capital stock.

Funding Threshold. : means the minimum investment threshold in relation to an available investment opportunity listed on the Fraxtor Platform under the relevant Offer. Such Funding Threshold shall be as stipulated by the Offeror and/or Manager(s) and subject to such terms and conditions as may be imposed by Fraxtor, from time to time, in its sole discretion;

Examples of Funding Threshold in a sentence

• Non-NZ Government Funding Threshold: For a feature film: Signed letter of offer, deal memo or funding agreement from one or more non-New Zealand government funding entities which shows a genuine intention to fund (in aggregate) 10% or more of the production budget; OR A written offer of production funding from a New Zealand government entity or entities which makes that funding conditional on 10% or more of the production budget.

• Furthermore, the Company is obliged to publish any information of significant meaning for the Company and/or the Innovation Plan, particularly the current annual financial statements on the Internet Platform, and before expiration of the Funding Period or the Extended Funding Period, respectively, and – if the Funding Threshold is achieved – after the aforementioned period by means of the Investor-Relations-Channel of the Internet Platform.

• The Borrower shall cause the Aggregate Capital to exceed the Minimum Funding Threshold at all times.

• If the Funding Threshold is achieved, the Company shall publish a report indicating the progress of the Innovation Plan via the Investor-Relations-Channel of the Internet Platform, by 30th January and 30th July of each year, respectively, the earliest initial date being 30 days after exceeding the Funding Threshold, by the nearest of the aforementioned dates.

• The Aggregate Capital plus the Adjusted LC Participation Amount shall exceed the Minimum Funding Threshold.

More Definitions of Funding Threshold

Funding Threshold means a total investment from and after the incorporation of Licensee of [**] U.S. Dollars ($[**]) in cash in exchange for Licensee’s capital stock.

Funding Threshold means the following for the following dates (a) $40,000,000 on December 31, 2009, (b) $30,000,000 on December 31, 2010, and (c) $20,000,000 December 31 of each year thereafter.”

Funding Threshold means that the Company has received, after the Effective Date, total net proceeds of an aggregate of at least $25,000,000 in cash in consideration for the sale of shares of the Company’s capital stock pursuant to bona fide financing(s) in a transaction or series of transactions (excluding the IPO).

Funding Threshold means a total gross investment of ****** in cash in exchange for Licensee capital stock.

Funding Threshold has the meaning assigned to that term in SECTION 2.11(B).

Funding Threshold means the moment at which COMPANY or PARENT shall have received, since the date of COMPANY’s incorporation, a total of [***] in cumulative funding from all sources of capital, including without limitation, debt, research grants from public and private sources, the proceeds from sales of the COMPANY’s or PARENT’s equity securities, and committed proceed from sales of the COMPANY’s or PARENT’s equity securities, and committed proceed for equity and research funding in connection with a strategic alliance or corporate partnering transaction with third parties.

Funding Threshold means total funding of three (3) million U.S. Dollars ($3,000,000) from any source, including, without limitation, equity investments, convertible loans, grants, sponsored research and revenues, obtained by Microbot since its formation, provided that at least $2,500,000 of such amount must be in funding that (a) is not earmarked specifically for research involving a technology platform that would not lead to Licensed Products and (b) does not provide the funder rights in intellectual property rights owned or in-licensed by Microbot, other than reasonable, time-limited rights to negotiate a license agreement with respect to such intellectual property rights.