Side Letter definition
Examples of Side Letter in a sentence
Of the Additional Equity Funding, $29,999,998.00 shall constitute Incremental Equity Funding and be used to reduce the final number of Mr. Caring’s shares of Class A Common Stock and Class B Common Stock that will be designated as Rollover Shares, in accordance with the terms of the Rollover Side Letter and as shown on the schedule attached hereto as Annex A.
In the event of any conflict between the terms of this Agreement and any other Program Agreement, the documents shall control in the following order of priority: first, the terms of the Pricing Side Letter shall prevail, then the terms of this Agreement shall prevail, and then the terms of the other Program Agreements shall prevail.
Parent and L▇▇▇▇▇ agree that based on consideration of the terms of this agreement and all relevant facts and circumstances as of the date of this Agreement including the nature of the Lender, this Agreement meets the requirements of a bonafide financing transaction, under the Side Letter to Token Purchase Agreement entered into between Lender and Parent in September 2025, as of the date of this Agreement.
On each Payment Date, Seller shall pay to Buyer the Price Differential for such Payment Date (along with (i) any other amounts to be paid pursuant to Section 7 hereof to Buyer’s Payment Account by wire transfer in immediately available funds and (ii) any other amounts to be paid pursuant to Sections 2 or 3 of the Pricing Side Letter to Repo Agent’s Payment Account by wire transfer in immediately available funds).
The Closing Date (as defined in the Sarepta Side Letter) shall have occurred.