Incubate definition

Incubate means to assist one or more participants that reside in the city district where the cannabis business sits, if any, to enter the cannabis industry by hosting, providing training, technical assistance, and general business guidance. If no such participants exist, participants from other applicable areas shall be utilized.
Incubate means providing direct financial assistance
Incubate means providing direct financial assistance and

Examples of Incubate in a sentence

  • In the case of the issuance and transfer of the Incubate Exchange Shares, all consents, authorizations, orders, filings and registrations which Incubate is required to obtain pursuant to the preceding sentence have been obtained or effected on or prior to the date hereof.

  • Quality of services of consultants engaged by Incubate company through the ACIC network.

  • Incubate company also agrees that ACIC or its employees shall not be held liable for any reason on account of the above.

  • The Incubate Company (Private Limited Company) will open a Current Bank account in the name of the Incubate Company.

  • Incubate has not reserved any of its authorized shares of capital stock for any purpose.

  • Each of the obligations of Incubate to be performed by it on or before the Closing pursuant to the terms of this Agreement shall have been performed and complied with in all respects and, at the Closing, Incubate shall have delivered to Organitech and the Organitech Shareholders a certificate to that effect signed by its President.

  • The indemnification obligations expressly set forth in this Section 9, shall constitute the exclusive remedy against the Organitech Shareholders for any claim whatsoever under this Agreement by any of ▇▇▇▇▇▇▇▇▇, Incubate, its shareholders, directors, officers and their successors.

  • Shareholders represent that Organitech is not under any obligation whatsoever to issue any further shares or debentures and no resolution to that effect has been passed in respect of Organitech, other than to its employees under stock option plans which at the time of Closing shall be exchanged for options of Incubate.

  • Neither Incubate, nor to Incubate's knowledge, any third party, is in default under any contract, agreement or instrument to which Incubate is a party.

  • The promoters of Incubate shall appoint such nominated person as Director in the Startup within 5 days after the nomination by the HPGIF.


More Definitions of Incubate

Incubate means providing direct financial assistance and training necessary to engage in licensed cannabis industry activity similar to that of the host licensee. [410 ILCS 705/15-15(b)(8)(d) and 15-20(d)(4)]
Incubate s bylaws shall provide that any (i) public offering or private placement of Incubate's securities(other than the issuance of securities to a [strategic investor] not involving the dissemination of a private placement memorandum to multiple offerees), (ii) appointment or removal of its CEO, (iii) appointment or removal of its CFO, and (iv) granting of any registration rights to any shareholder, shall require the prior consent of no less than 75% of the voting power of Incubate's capital stock, and that any change in such provision shall require a similar 75% shareholder consent.
Incubate means to assist one or more participants that reside in the city district where the cannabis business sits, if any, to enter the cannabis industry by hosting, providing training, technical assistance,
Incubate. PERSONNEL” shall mean scientists and other personnel who are employees of Incubate, and are part of Facility and funded wholly by Incubate,