T-SAFE definition

T-SAFE is Tyke’s Simple Agreement for Future Equity which will be executed by you in connection with your investment in the Startup.
View Source

Examples of T-SAFE in a sentence

  • This T-SAFE constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

  • The terms in this T-SAFE with respect to the T-SAFE Sequel Notes are rights in rem attached to the T-SAFE Sequel Notes, and may be assigned by the T- SAFE Sequel Note Holder to any other person or entity without the Company’s or the Founders consent, and the Company shall be bound by its obligations under this T-SAFE with respect to each assignee / transferee of the T-SAFE Sequel Notes as if such assignee / transferee was a party to this T-SAFE.

  • If there is a Liquidity Event before the Conversion Date, the T-SAFE Sequel Notes will automatically be entitled to receive a portion of Proceeds, due and payable to the T-SAFE Sequel Note Holders immediately prior to, or concurrent with, the consummation of such Liquidity Event, equal to the greater of (i) the Investment Amount (the “Cash-Out Amount”) or (ii) the amount payable on the number of shares of Equity Shares equal to the Investment Amount divided by the Liquidity Price (the “Conversion Amount”).

  • In case the T-SAFE Sequel Note Holder is an Angel Fund, the investment shall be subject to lock-in for a period of 1 (one) year from the date of allotment of the T-SAFE Sequel Notes, or such other period as prescribed under SEBI (Alternative Investment Funds) Regulations, 2012.

  • This T-SAFE constitutes valid and binding obligation of the Investor, enforceable in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

  • If there is a Dissolution Event before the Conversion Date, the T-SAFE Sequel Notes will automatically be entitled to receive a portion of Proceeds equal to the Cash- Out Amount, due and payable to the T-SAFE Sequel Note Holders immediately prior to the consummation of the Dissolution Event.

  • The T-SAFE Sequel Notes shall carry a right to non cumulative dividend/interest @ 0.01%.

  • Notwithstanding anything contained in this T-SAFE or the Articles of Association of the Company, T-SAFE Sequel Note Holders shall be entitled to freely transfer the T-SAFE Sequel Notes.

  • If there is an Equity Financing before the termination of this T-SAFE, on the initial closing of such Equity Financing, the T-SAFE Sequel Notes will automatically convert into the number of shares of the Conversion Shares equal to the Investment Amount divided by the Discount Price.

  • The right of the T-SAFE Sequel Note Holders to receive shares or securities of the other surviving or resulting entity equal in value to the greater of the Investment Amount or Conversion Value as above, is on par with the right of holders of Equity Shares and other Equity Linked Securities who are entitled to receive shares or securities of the other surviving or resulting entity immediately prior to, or concurrent with, the consummation of such Merger Event.

Related to T-SAFE

  • Emergency Response Plan means the plan containing the set of procedures developed by the Private Infrastructure Owner and adequate for dealing with an Incident which may impact on the Network or Connecting Infrastructure, including all actions to be taken to minimise or alleviate any threat or danger to any person or property, which is compatible with the Emergency Procedures:

  • Emergency response as used in RCW 38.52.430 means a public

  • Public Safety and/or “Nuisance” means anything which is injurious to the safety or health of an entire community or neighborhood, or any considerable number of persons, or unlawfully obstructs the free passage or use, in the customary manner, of any navigable lake, or river, bay, stream, canal, or basin.

  • ISO-NE Rules means all rules and procedures adopted by NEPOOL, ISO-NE, or the RTO, and governing wholesale power markets and transmission in New England, as such rules may be amended from time to time, including but not limited to, the ISO-NE Tariff, the ISO-NE Operating Procedures (as defined in the ISO-NE Tariff), the ISO-NE Planning Procedures (as defined in the ISO-NE Tariff), the Transmission Operating Agreement (as defined in the ISO-NE Tariff), the Participants Agreement, the manuals, procedures and business process documents published by ISO-NE via its web site and/or by its e-mail distribution to appropriate NEPOOL participants and/or NEPOOL committees, as amended, superseded or restated from time to time.

  • CySEC Rules means the Rules, Directives, Regulations, Guidance notes, opinions or recommendations of CySEC.