Next Shares definition

Next Shares mean the equity securities issuable by MDCV in connection with MDCV’s next round of equity financing subsequent to the date of this Agreement, subject to the terms and conditions set forth in the Note.
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Next Shares means shares of common stock of NEXT, par value $0.0001 per share (NASDAQ : NEXT).
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Next Shares means the equity securities issuable by MDCV in connection with the Next Equity Financing. The term “Issuance Price” means the per share sales price or per unit sales price, as applicable, prior to deduction of any brokers’, agents’ and underwriters’ commissions and fees, of the sale of the Next Shares (but not to exceed $1.49).
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Examples of Next Shares in a sentence

  • If any Investor fails to make his, her, or its election within 10 days of the issuance of the Next Shares, such Investor will be deemed to have elected Alternative 1.

  • MDCV will provide each Investor with written notice as soon as practicable following the issuance of Next Shares.

  • MDCV will grant to Investors any securities registration rights it grants to purchasers of the Next Shares.

  • The term “Financing Date” means the date of the closing of the sale of the Next Shares.

  • The term “Issuance Price” means the per share sales price or per unit sales price, as applicable, prior to deduction of any brokers’, agents’ and underwriters’ commissions and fees, of the sale of the Next Shares (but not to exceed $1.49).

  • The conversion or exchange of this Note into the Next Shares, pursuant to Section 2(a) hereof, will be deemed to have been made on the date which is 10 days after the Financing Date and the Holder will be treated for all purposes as the record holder of such Next Shares on such date.