Permitted Equity Financing definition

Permitted Equity Financing means purchases of PubCo Class A Ordinary Shares on the day of the Acquisition Closing (after the Initial Closing but immediately prior to the Acquisition Closing) by an investor in accordance with Section 9.7 of the Business Combination Agreement.

Permitted Equity Financing means an equity financing transaction or series of equity financing transactions entered into by the Company on or after November 1, 2021, by way of issuance, subscription or sale, which results in cash proceeds to the Company in an amount not exceeding US$30,000,000, in exchange for Equity Securities, so long as such Equity Securities automatically convert into Pre-Split Shares prior to the Share Split.

Permitted Equity Financing means purchases of shares of Company Class A Common Stock pursuant to a Permitted Equity Financing Subscription Agreement in accordance with Section 9.11.

Examples of Permitted Equity Financing in a sentence

• Premises, Safed Pool, Andheri Kurla Rd., Andheri (E), Mumbai - 400 072,Phone : 28515606, 28515644, Fax : 2851 2885.Email : sharexindia@vsnl.com IDBI BankPrabhadevi, Mumbai - 400 025Contents PageNotice 3-10 Directors' Report 11-30 Auditors' Report 31-36Regd.

• During the Pre-Closing Period, except as otherwise explicitly contemplated by this Agreement (including in any Permitted Equity Financing Subscription Agreement), neither the Company nor any of its controlled Affiliates, directly or indirectly, shall engage in any transactions involving the securities of the SPAC without the prior written consent of the SPAC.

• The proceeds raised from the Strategic Investors via the Permitted Equity Financing shall not in any case exceed $25,000,000 in the aggregate.

• For the avoidance of doubt, no Permitted Equity Financing Subscription Agreement shall require the Sponsor to transfer SPAC Shares unless otherwise agreed by the Sponsor.

• Notwithstanding the foregoing or anything else to the contrary contained in this Agreement, the Company shall have no obligation to pursue or consummate any Permitted Equity Financing and the obligations of the Parties to consummate the Closing shall not be conditioned upon the consummation of any Permitted Equity Financing.

More Definitions of Permitted Equity Financing

Permitted Equity Financing has the meaning set forth in Section 6.12(a).

Permitted Equity Financing means purchases of Buyer Class A Common Stock at a price per share no less than the Minimum Stock Sale Price consummated (a) on or before the Closing Date, in accordance with Section 5.16 or (b) after the Closing and on or before the Post-Closing Financing End Date by Equity Financing Sources pursuant to Section 7.15.

Permitted Equity Financing shall have the meaning ascribed to it in Section 3.1(c) hereof.

Permitted Equity Financing means purchases of Class A common stock of Collier Creek on or before Closing permitted under the Business Combination Agreement.

Permitted Equity Financing means purchases of FTAC Class A common stock at or prior to the Closing by equity financing sources that enter into subscription agreements with FTAC as permitted under the Business Combination Agreement with respect to a number of shares of FTAC Class A common stock not to exceed the number of shares that are redeemed in connection with the FTAC Stockholder Redemption.

Permitted Equity Financing means purchases of RAC Common Stock on or prior to the Closing by Equity Financing Sources pursuant to Section 6.13(c).

Permitted Equity Financing means the equity financing in the amount of approximately US $12 million to be raised by the Company through the sale and issuance of series preferred stock, the proceeds of which, among other things, will be used to fund the entire US $10 million xxxxxxx money escrow deposit for the purchase of an approximately 160-acre agriculturally zoned property located at 000 Xxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxxxx, which equity financing shall not, unless previously approved in writing by the SPAC, be consummated on terms that are materially more favorable to the purchasers of such preferred stock than those reflected in the most recent summary of terms provided by the Company to the SPAC prior to the date of this Agreement.