Subsequent Financing definition

Subsequent Financing shall have the meaning ascribed to such term in Section 4.12(a).

Subsequent Financing means any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units thereof.

Subsequent Financing means the closing of any Borrower financing which becomes effective after the Closing Date.

Examples of Subsequent Financing in a sentence

• If, by the Notice Termination Time, notifications by the Purchasers of their election to participate in the Subsequent Financing (or to cause their designees to participate) is, in the aggregate, less than the total amount of the Subsequent Financing, then the Company may effect the remaining portion of such Subsequent Financing on the terms and with the Persons set forth in the Subsequent Financing Notice.

• If the Company receives no such notice from a Purchaser as of such Notice Termination Time, such Purchaser shall be deemed to have notified the Company that it does not elect to participate in such Subsequent Financing.

• The Company must provide the Purchasers with a second Subsequent Financing Notice, and the Purchasers will again have the right of participation set forth above in this Section 4.12, if the definitive agreement related to the initial Subsequent Financing Notice is not entered into for any reason on the terms set forth in such Subsequent Financing Notice within two (2) Trading Days after the date of delivery of the initial Subsequent Financing Notice.

• If by 9:30 am (New York City time) on such second (2nd) Trading Day, no public disclosure regarding a transaction with respect to the Subsequent Financing has been made, and no notice regarding the abandonment of such transaction has been received by such Purchaser, such transaction shall be deemed to have been abandoned and such Purchaser shall not be deemed to be in possession of any material, non-public information with respect to the Company or any of its Subsidiaries.

• If, by the Notice Termination Time, the Company receives responses to a Subsequent Financing Notice from Purchasers seeking to purchase more than the aggregate amount of the Participation Maximum, each such Purchaser shall have the right to purchase its Pro Rata Portion (as defined below) of the Participation Maximum.

More Definitions of Subsequent Financing

Subsequent Financing means any offer and sale of shares of Preferred Stock or debt that is initially convertible into shares of Common Stock or otherwise senior or superior to the Series A Preferred Stock.

Subsequent Financing shall have the meaning set forth in Section 4.9.

Subsequent Financing has the meaning set forth in Section 10.1.

Subsequent Financing shall have the meaning ascribed to such term in Section 4.11(a). "Subsequent Financing Notice" shall have the meaning ascribed to such term in Section 4.11(b).

Subsequent Financing means the closing of any Borrower institutional private equity or convertible preferred financing which becomes effective after the Closing Date (other than the New Financing) and results in aggregate proceeds to Borrower of at least $10,000,000.

Subsequent Financing means the sale by the Company, to one or more third parties, of equity securities of the Company equal to or exceeding $5,000,000 (or a lesser amount as agreed by the Holder) in aggregate gross proceeds to the Company.

Subsequent Financing has the meaning set forth in Section 6.8(a).