Preferred Stock Financing definition

Preferred Stock Financing shall have the meaning provided in the recitals to this Agreement.
Preferred Stock Financing means AVROBIO’s first issuance and sale of shares of a newly-authorized series of preferred stock (e.g., Series B preferred stock) after the date of this Agreement to venture capital funds or other institutional investors in an equity financing with gross proceeds to the Company from sales occurring after the date of this Agreement of not less than [***].
Preferred Stock Financing means Borrower's Series D Preferred Stock financing with gross proceeds to Borrower of at least $5,000,000 and at a pre-money valuation not to exceed $86,000,000.

Examples of Preferred Stock Financing in a sentence

  • Amended and Restated Investors’ Rights Agreement - Series D Preferred Stock Financing) The parties are signing this Amended and Restated Investors’ Rights Agreement as of the date stated in the introductory clause.

  • Form of Securities Purchase Agreement entered into in connection with the Company’s 2003 Series B Convertible Preferred Stock Financing (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K, filed March 28, 2003).

  • The conversion into shares issued in the Preferred Stock Financing would be equal to unpaid principal at 115% plus unpaid accrued interest.

  • Registration Rights Agreement, dated as of March 12, 2003, entered into in connection with the Company’s 2003 Series B Convertible Preferred Stock Financing (incorporated by reference to Exhibit 4.8 to the Company’s Current Report on Form 8-K, filed March 28, 2003).

  • In connection with the Series C Convertible Preferred Stock Financing, the 2020 Notes, totaling unpaid principal and accrued interest of $15.9 million, converted into 1,366,820 shares of Series C convertible preferred stock.


More Definitions of Preferred Stock Financing

Preferred Stock Financing has the meaning set forth in the Recitals.
Preferred Stock Financing means the issuance by Holdco to Bombardier Inc. or its Affiliates of preferred equity of Holdco of not less than Cdn$50.0 million.
Preferred Stock Financing means the issuance by the Company to the Prentice Investors of a new series of its convertible preferred stock on terms and conditions acceptable to the Prentice Investors in their sole discretion.
Preferred Stock Financing shall have the meaning given such term in Section 5.1(i).
Preferred Stock Financing means Buyer’s financing round in which Buyer raises not less than Two Million Dollars ($2,000,000) through the sale of its Series A preferred stock, pursuant to terms and conditions substantially similar to those established in the “Financing Term Sheet” attached as Exhibit F.
Preferred Stock Financing means an equity financing of the Company with aggregate proceeds to the Company of at least $1,000,000 approved by the holders of at least sixty percent (60%) of the then-outstanding shares of Series E Preferred; provided that the equity financing pursuant to the Series E Purchase Agreement shall not be deemed to be a Preferred Stock Financing; and provided further that any firmly underwritten public offering pursuant to an effective registration statement under the Securities Act, covering the offer and sale of Common Stock for the account of the Company shall not be deemed to be a Preferred Stock Financing.
Preferred Stock Financing. 4.10 "Purchase Date" 3.09 "Registrar" 2.03 "Restricted Payments" 4.07 "Subordinated Debt Financing" 4.10 "Subordinated Notes" 4.10 "Subsidiary Guarantee" 4.17 "Suspended Covenants" 4.19