Strategic Venture definition

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Strategic Venture means a venture between the Company and a pharmaceutical or biotechnology company or an Affiliate thereof, the primary purpose of which is not to raise capital in the form of equity (including without limitation through the issuance of warrants, convertible securities, phantom stock rights, stock appreciation rights or other rights with equity features) and pursuant to which the Company contributes or issues securities of the Company valued at less than 50% of the entire contribution of the Company. If the Registered Holder and the Company cannot agree on the value of the components of such contribution, the last two sentences of subsection (F)(I) entitled "Calculation of Consideration" shall apply. If, during the period commencing on the Closing Date (as defined in the Purchase Agreement) through and including the date which is 12 months from the Authorization Date, the Company issues or sells, or is deemed to have issued or sold, any shares of Common Stock (other than Debenture Shares or Warrant Shares, shares of Common Stock deemed to have been issued by the Company in connection with a Stock Plan or shares of Common Stock issuable upon the exercise of any options or warrants outstanding on the date hereof and listed in Schedule 2.1(c) of the Purchase Agreement) then, for purposes of determining the adjusted Exercise Price

Strategic Venture means any Entity or alliance, joint arrangements, undertakings, investments or other understandings.

Examples of Strategic Venture in a sentence

Each Letter of Credit shall support payment of an obligation of the Borrower which applies for such Letter of Credit or an obligation of such Borrower’s Restricted Subsidiary or of a Strategic Venture or other joint venture permitted by Section 7.12 hereof in which the applicant or one of its Restricted Subsidiaries has an equity interest.
Description of Mortgage Loan: Mortgage Loan Agreement: Loan Agreement, dated as of December 17, 2020, between Millennium Strategic Venture LLC, as borrower, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA, as lender.
To Optionor: c/o Reckson Associates ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Attention: General Counsel with a copy to: Reckson Strategic Venture Partners c/o New World Realty ▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and a copy to: ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ LLP ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Attn: ▇▇▇▇▇ ▇.
Shepsman, Authorize▇ ▇▇▇▇▇▇▇▇▇ MELVILLE-CATSKILL, LLC By: Reckson Strategic Venture Partners, LLC, its sole member By: RSVP Holdings LLC, its Managing Member, by its Management Committee ------------------------------------- Scott Rechler, as a Management ▇▇▇▇▇▇▇▇e member and not individually ------------------------------------- Seth B.
Shepsman, as a Management ▇▇▇▇▇▇▇▇e Member and not individually RAP-SH HOLDINGS, LLC By: Reckson Asset Partners, its sole member By: Reckson Strategic Venture Partners, LLC, a Member By: RSVP Holdings, LLC, its Managing Member, by its Management Committee ------------------------------------- Scott Rechler, as a Management ▇▇▇▇▇▇▇▇e member and not individually ------------------------------------- Seth B.
Shepsman, as a M▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇e Member and not individually RECKSON ASSET PARTNERS, LLC By: Reckson Strategic Venture Partners, LLC, a Member By: RSVP Holdings, LLC, its Managing Member, by its Management Committee ------------------------------------- Scott Rechler, as a Management ▇▇▇▇▇▇▇▇e member and not individually ------------------------------------- Seth B.
Each Letter of Credit shall support payment of an obligation of the U.S. Borrower which applies for such Letter of Credit or an obligation of such U.S. Borrower’s Restricted Subsidiary or of a Strategic Venture or other joint venture permitted by Section 7.12 hereof in which the applicant or one of its Restricted Subsidiaries has an equity interest.
The Company's investment in the retail-built-to- suit business through Wrap I, LLC and its subsidiaries SCHEDULE 7(A)(III) ------------------ CONFLICT DOCUMENTS ------------------ Paragraph 15 of the Payment Guaranty dated as of May 8, 2001 by Reckson Strategic Venture Partners, LLC to and for the benefit of CIBC, Inc.
Shepsman, as a M▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇e Member and not individually RSVP-SH HOLDINGS, LLC By: Reckson Strategic Venture Partners, LLC, its sole member By: RSVP Holdings, LLC, its Managing Member, by its Management Committee ------------------------------------- Scott Rechler, as a Management ▇▇▇▇▇▇▇▇e member and not individually ------------------------------------- Seth B.
This Agreement supercedes all prior negotiations, discussions, correspondence, communications, understandings and agreements (including, without limitation, the Summary of Terms of Proposed Restructuring of Reckson Strategic Venture Partners, LLC previously executed by the parties) between the parties relating to the subject matter of this Agreement and all prior drafts of this Agreement, all of which are merged into this Agreement.

More Definitions of Strategic Venture

Strategic Venture means a venture between the Issuer and a pharmaceutical or biotechnology company or an Affiliate thereof, the primary purpose of which is not to raise capital in the form of equity (including without limitation through the issuance of warrants, convertible securities, phantom stock rights, stock appreciation rights or other rights with equity features) and pursuant to which the Issuer contributes to or issues securities of the Issuer valued at less than 50% of the entire contribution of the Issuer. If the Holder and the Issuer cannot agree on the value of the components of such contribution, the last two sentences of subsection (E)(I) entitled "Calculation of Consideration" shall apply. For purposes of determining the adjusted Conversion Price under this Section 4.6(g), the following shall be applicable: