Milestone Closing definition

Milestone Closing has the meaning set forth in Section 2.2(b).
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Milestone Closing means the closing of the sale of Series A Preferred Stock in accordance with Section 1.3 of the Purchase Agreement.
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Milestone Closing means the First Milestone Closing, Second Milestone Closing, Third Milestone Closing or Fourth Milestone Closing, as applicable.
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Examples of Milestone Closing in a sentence

  • At the Milestone Closing, each Purchaser will pay to an account designated by the Company, by wire transfer of immediately available funds, the amount set forth opposite its name on Exhibit A hereto under the heading “Milestone Closing Subscription Amount” less, if applicable, the product of (x) $0.0001 multiplied by (y) such Purchaser’s Milestone Overage Number.

  • The Shares and Pre-Funded Warrants, if any, to be issued in the Milestone Closing are collectively referred to herein as the “Milestone Securities”.

  • The Investor Call Right shall automatically terminate upon the delivery of a Milestone Closing Put Right Notice, provided that the Milestone Closing subsequently occurs by the Milestone Closing Date.

  • The Milestone Closing will take place on the fifth Business Day after the Company delivers the Milestone Closing Put Right Notice to all Purchasers (the “Milestone Closing Date”), or on such later date as the Company and the Purchasers purchasing a majority of the Milestone Securities so agree.


More Definitions of Milestone Closing

Milestone Closing has the meaning specified in Section 3.03(a).
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Milestone Closing means the First Milestone Closing, Second Milestone Closing, Third Milestone Closing, Fourth Milestone Closing or New Milestone Closing, as applicable.
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Milestone Closing means the closing of the sale and purchase of the Milestone Shares.
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Milestone Closing means the Financial Milestone Closing, the Limited Testing Milestone Closing, the Testing Milestone Closing or the SOP Milestone Closing, as the case may be.
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Milestone Closing means the optional Closing which shall occur if exercised by the Purchaser in accordance with the terms and conditions of Section 1.1(a).
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Milestone Closing shall have the meaning set forth in the Series A Purchase Agreement.
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Milestone Closing. Transactions at Milestone Closings. 3.4.1. The closings of the transactions contemplated in Section 2.3 above will take place at closings to be held remotely via the exchange of documents and signatures within thirty (30) business days following the occurrence of any of the Milestone Closings. 3.4.2. At each Milestone Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed or any document delivered until all such transactions have been completed and all required documents delivered: 3.4.2.1. Validly executed share certificates dated as of the respective Milestone Closing date covering the respective Milestone Closing Shares; and 3.4.2.2. A copy, duly certified by an officer of the Purchaser dated as of the Milestone Closing date, of the Purchaser’s shareholders register, reflecting the registration by the Purchaser of the issue of the respective Milestone Closing Shares. 3.4.2.3. Seller, or the liquidator of the Seller, shall advise Purchaser in writing to whom to distribute the Milestone Shares.
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