GEM Global definition
Examples of GEM Global in a sentence
Sonnet Sub entered into a Common Stock Purchase Agreement with GEM Global Yield Fund LLC SCS (“GEM”) on August 6, 2019 (the “Purchase Agreement”).
On the Effective Date, the Company shall issue to GEM Global a promissory note in the amount of One Million Dollars ($1,000,000.00) (the “Promissory Note”).
On December 13, 2023, GEM Global and the Company entered into a binding term sheet (the “Term Sheet”) pursuant to which the Company was obligated to issue to GEM Global a convertible debenture in the amount of $2,000,000 (the “Convertible Debenture”), with such Convertible Debenture to be issued in lieu of the 2% Commitment Fee payable under the terms of the Share Purchase Agreement (as defined below).
If to the Investor: GEM Global Yield Fund Limited c/o CM Group Commerce House 1 Bowring Road R▇▇▇▇▇ Isle of Man IM8 2LQ With a copy to: K▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ & F▇▇▇▇▇▇ LLP 1▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: C▇▇▇▇▇▇▇▇▇▇ ▇.
The board of directors of Mantengu (“the Board”) is pleased to inform shareholders that on 25 October 2023 (“Signature Date”), ▇▇▇▇▇▇▇▇ entered into a share subscription facility agreement with unrelated third parties, GEM Global Yield LLC SCS (“the Investor”) and GEM Yield Bahamas Limited (“GYBL”) (“Agreement”).
Subject to the terms and conditions set forth in this Agreement, in exchange for termination of the Company’s obligations under the Term Sheet and retroactive termination of the Share Purchase Agreement, effective as of December 13, 2023, the Company shall make payment to GEM Global as set forth in this Section 1.
No later than three business days following the Agreement Date (and the date that such payment is made, the “Effective Date”), the Company shall pay to GEM Global an aggregate amount of One Million Two Hundred Thousand Dollars ($1,200,000.00) by wire transfer of immediately available funds in accordance with the wire instructions set forth on Exhibit A hereto.
GEM Global Yield Fund LLC SCS GEM Global Yield Fund LLC SCS c/o GEM North America 590 Madison Avenue, 36th Floor N▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇ Tel.: 0▇▇ (▇▇▇) ▇▇▇ ▇▇▇▇ Fax: 0▇▇ (▇▇▇) ▇▇▇ ▇▇▇▇ FAO: C▇▇▇▇ ▇▇▇▇▇ c▇▇▇▇▇@▇▇▇▇▇.▇▇▇ 100 per cent GEM Investments America, LLC.
GOVERNING LAW New York EXHIBIT D ----------- ------------- JURISDICTION OF CORPORATION INCORPORATION Bisco Services B.V. Netherlands Bisco Services SA Switzerland CGM-Cooperation Gesellschaft Germany Markendiversifikation GmbH GEM: Global Event Management, Ltd.
The Company is party to that certain Share Purchase Agreement, dated as of January 13, 2024 by and among the Company, GEM Global Yield LLC SCS and Gem Yield Bahamas Limited (the “Share Purchase Agreement”).