Significant Financing definition

Significant Financing means any sale by the Borrower of equity, including preferred stock (except preferred stock sold to Lender or any of its affiliates), or indebtedness for cash (or a combination thereof) exceeding $8,000,000.
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Significant Financing means an issue of Equity Securities of the Corporation or an initial public offering of equity securities of the Corporation (such securities or units of securities are referred to as the "Significant Financing Securities") for gross proceeds of at least US$500,000.
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Significant Financing means any raise of capital in the form of debt, equity, or a combination thereof, which results in net proceeds to or for the benefit or at the direction of the Company in an amount equal to, or in excess of, $50,000,000.“Subsidiary” means an entity, whether corporate, partnership, limited liability company, joint venture or otherwise, in which any Loan Party owns or controls 50.1% or more of the outstanding voting securities, including each entity listed on Schedule 2(j)(i) hereto.
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Examples of Significant Financing in a sentence

  • A Significant Financing Transaction is defined as an equity or debt transaction, or a sale of assets, whereby Maker raises in excess of $5,000,000 in cash proceeds.

  • In the event that GeoCities Japan does not have a Significant Financing Event on or prior to March 31, 2000, SOFTBANK will forgive, on April 1, 2000, the repayment of the Loan.

  • The Loan shall be repaid by GeoCities upon occurrence of a Significant Financing Event.

  • Significant Financing Event shall mean a non-US IPO or private placement that raises at least one billion five hundred million Japanese Yen (Y1,500,000,000.-) for GeoCities Japan.

  • The Company shall consummate the Significant Financing no later than January 15, 2020.

  • Except for this Agreement, the transactions contemplated hereby and the Significant Financing, the Loan Parties do not intend to pursue any additional debt or equity financing until after the closing of the Significant Financing and the payment in full of the obligations under the Notes.

Related to Significant Financing

  • Significant Acquisition means the acquisition (in one or a series of related transactions) of all or substantially all of the assets or Equity Interests of a Person or any division, line of business or business unit of a Person for an aggregate consideration in excess of $450,000,000.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Significant Asset Sale means each Asset Sale which generates Net Sale Proceeds of at least $10,000,000.

  • Permanent Financing means long-term debt (with a term of no less than fifteen (15) years) including a mortgage or other financing evidenced by a lien against the property. Permanent sources of financing identified on Page 7 of Form 3 to cover development costs (including capitalized operating and replacement reserves) may not include letters of credit, cash from operations, the lease up reserve or other non-cash contributions to the Project.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include: