Purchaser Financing definition

Purchaser Financing has the meaning ascribed to it in Section 5.07.

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Purchaser Financing shall have the meaning set forth in Section 4.7(b)

Purchaser Financing means one or more financings by the Purchaser to be completed on or prior to the Effective Date and involving the issuance of subscription receipts of the Purchaser for aggregate gross proceeds of no less than C$35 million, whereby the proceeds of such financing(s), less a portion of the expenses of any underwriters or agents, will be placed into escrow and released immediately prior to, at or immediately after the Effective Time;

Examples of Purchaser Financing in a sentence

• In the case of any claim resulting from, relating to or arising out of any Purchaser Financing Transaction or the provisions of Section 3.23, the Purchaser shall have right to control the defense thereof at the Indemnifying Party's expense.

• The Company and the Seller agree promptly to advise the Purchaser if at any time during the period in which a prospectus relating to the Purchaser Financing Transaction is required to be delivered under the Securities Act, any information contained in the prospectus concerning the Company or the Seller becomes incorrect or incomplete in any material respect, and to provide the information needed to correct such inaccuracy.

• Purchaser will proceed in good faith and use all reasonable efforts to obtain financing on commercially reasonable terms in amounts and structure reasonably consistent with Purchaser's financing plan as set forth in Purchaser's written proposal to Seller dated September 25, 1998 (the "Purchaser Financing").

• Without limiting the foregoing, no Purchaser Financing Source shall be subject to any special, consequential, punitive or indirect damages or damages of a tortious nature to any Seller.

• In furtherance of the foregoing, Seller agrees to cooperate with Purchaser in connection with Purchaser's efforts to obtain Purchaser Financing, as defined in Section 5.07.

More Definitions of Purchaser Financing

Purchaser Financing means the issuance of convertible notes, stock or other instruments or obtaining of other forms of financing, as determined by Purchaser, resulting in a minimum of USD 100 million in net cash available to Purchaser post-financing and post-Closing for working capital purposes.

Purchaser Financing means that equity or debt offering undertaken by the Purchaser targeting capital formation in the amount considered acceptable by the Purchaser to fund its first year exploration with respect to the Lands;

Purchaser Financing is defined in Section 4.6.

Purchaser Financing has the meaning ascribed thereto in section 6.1(f) of this Agreement.‌

Purchaser Financing means equity (including tax equity) or debt financing to raise an amount sufficient to enable Purchaser to pay the Purchase Price and to arrange for a level of capital reasonably required for the development and construction of the Projects and normal operations of the Companies.

Purchaser Financing means the financing made available to the Purchaser (or member of the Purchaser Group) pursuant to the Purchaser Financing Agreement(s);

Purchaser Financing means an equity or debt financing by the Purchaser for net proceeds of no less than $31,500,000 (or, if the Purchaser Financing closes after the payment of the Second Deposit, $30,000,000).