Series D Financing definition

Series D Financing means the issuance of convertible preferred stock of the Company to one or more investors for cash pursuant to the Series D Stock Purchase Agreement.
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Series D Financing means the sale of Series D Preferred Stock of the Company to investors in a single transaction or a series of related transactions, including any extension of the sale of Series D Preferred Stock, solely for the purpose of raising capital.
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Series D Financing has the meaning set forth in Section 12.9 of the Agreement.
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Examples of Series D Financing in a sentence

  • Series C Amendments: Conditional to this Series D Financing, the Series C holders agree to the following modifications to the current documentation: The conversion price of the Series C Preferred stock will effectively be permanently set at $3.00 per share of Common Stock.

  • Each of the Company, the Founders Group and the Lender shall take all actions necessary to enter into the Series D Share Subscription Agreement, Shareholders’ Agreement and other ancillary transaction documents and use their best efforts to complete the Series D Financing.

  • The parties further agree that terms in Section 4 applicable to Series D Financing shall apply to Third Party Financing on a mutatis mutandis basis.

  • The Company agrees that the Investors’ Rights Agreement to be entered into by the Company and its stockholders in the Series D Financing shall grant the Executive substantially similar registration rights in respect of all shares of common stock held by, or granted to, the Executive as those rights granted to the Company’s investors thereunder.

  • The pre-money valuation of the Company for the Series D+ Financing shall be US$2,600,000,000 on a fully diluted basis (assuming the closing of the transaction contemplated by the CIIF SPA has not occurred) and the post-money valuation of the Company for the Series D+ Financing on a fully diluted basis shall be no more than US$2,670,000,000.

  • If the Notes are to be converted into Series D Preferred Shares, the conversion price shall be equal to the lowest price per share paid in the Qualified Series D Financing or if there has been no Qualified Series D Financing, the lowest price paid for any Series D Preferred Shares (the “Series D Conversion Price”).

  • The rights and obligations under Section 1.3 shall expire upon the first anniversary of the initial closing of the Series D Financing Agreement (the "First Series D Anniversary").

  • The pre-money valuation of the Company for the Series D+ Financing shall be US$2,600,000,000 on a fully diluted basis and the post-money valuation of the Company for the Series D+ Financing on a fully diluted basis shall be no more than US$2,670,000,000.

  • For example, if pursuant to the Series D Financing, the Company sells a total of $17,200,000 of Series D Convertible Preferred Stock consisting of $9,200,000 derived from note conversion and $8,000,000 from new money, then the Company will grant the Employee the stock option grant described in Section 2(c)(1), with the New Cash Balance Amount totaling $4,000,000.

  • The Company, pursuant to the Series D Financing, closed on approximately $25 million in cash from new and current investors in the Company.


More Definitions of Series D Financing

Series D Financing shall have the meaning set forth in Section 4.8(b). “Series D Investors” shall mean such entities or individuals as have purchased or will purchase Series D Shares (as such term is defined in the Series D Stock Purchase Agreement) pursuant to and in accordance with the Series D Stock Purchase Agreement, including those set forth on Schedule 11.19(c). “Series D Side Letter” means the side letter agreement in substantially the form attached hereto as Exhibit L-5, regarding certain matters relating to the Series D Documents, by and between KELLC and Buyer, to be entered into concurrently and in connection with the consummation of the Closing Stock Consideration. “Shared Contracts” shall have the meaning set forth in Section 3.15(c). “Software” shall mean (a) computer software programs and software systems, including software implementations of algorithms, heuristics models and methodologies and related data files, whether in source code or object code, application programming interfaces, (b) software testing, validation, verification and quality assurance materials, (c) descriptions, schematics, flow- charts and other work product used to design, plan, organize and develop any of the foregoing, (d) software development processes, practices, methods and policies recorded in permanent form, relating to any of the foregoing, (e) operating systems, management code, firmware, utilities, graphical user interfaces and software engines, (f) performance metrics, sightings, bug and feature lists, build, release and change control manifests recorded in permanent form, relating to any of the foregoing, and (g) documentation, including user manuals, technical manuals, developer notes, developer tools, developers’ kits, utilities, comments and annotations, web materials, and architectural and design specifications and training materials, in each case whether stored, encoded, recorded or written on disk, tape, film, memory device, paper or other media of any nature relating to any of the foregoing. “Sony” means Sony Electronics, Inc. “Sony Consent” shall mean the consent of Sony to the transactions contemplated by this Agreement pursuant to the Sony Contracts, as further described on Exhibit G hereto. “Sony Contracts” shall mean the Contracts set forth on Schedule 11.19(g). “Sony Side Letter” means side letter regarding certain matters as between the Company and Buyer with respect to the Sony Contracts which is being entered into concurrently with this Agreement. “SSO” mean...
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Related to Series D Financing

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Qualified Financing is a transaction or series of transactions pursuant to which the Company issues and sells shares of its capital stock for aggregate gross proceeds of at least $5,000,000 (excluding all proceeds from the incurrence of indebtedness that is converted into such capital stock, or otherwise cancelled in consideration for the issuance of such capital stock) with the principal purpose of raising capital.

  • Equity Financing means the next sale (or series of related sales) by the Company of its Equity Securities to one or more third parties following the date of this instrument from which the Company receives gross proceeds of not less than $1,000,000 cash or cash equivalent (excluding the conversion of any instruments convertible into or exercisable or exchangeable for Capital Stock, such as SAFEs or convertible promissory notes) with the principal purpose of raising capital.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.