Second Investment Sample Clauses

Second Investment. No later than one week after the conclusion of the Program, Investor (through itself and one or more affiliates) agrees to invest an additional $500,000 in exchange for, and the Company agrees to issue to Investor, one or more safes (as needed) substantially in the form attached as Exhibit A (the “Second Investment”) with a post-money floor valuation of $10,000,000; provided, that Investor will not be obligated to fund the Second Investment if (a) the Company loses one or more Founders prior to the conclusion of the Program, or (b) the Company voluntarily withdraws from participation in the Program for any reason. At Investor’s discretion, the Second Investment may be completed at any time prior to the conclusion of the Program. “Founder” means a full-time member of the Company’s founding team that holds at least 10% or more of the fully diluted capitalization of the Company.
Sample 1Sample 2
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Second Investment. Subject to the terms and conditions of this Agreement, TransAtlantic shall issue and sell, and Riata will arrange for one or more of the Riata Entities to subscribe for and purchase, 25,000,000 Common Shares in the capital of TransAtlantic (the “Second Investment Shares”) at a price per Common Share of Cdn. $0.36 and an aggregate purchase price of Cdn. $9,000,000 (the “Second Investment”).
Sample 1Sample 2
Second Investment. Subject to the terms and conditions of this Agreement, the Second Investment shall be completed at the offices of Xxxxxxx Xxxxx LLP at 9:00 a.m. on the first business day in Calgary, Alberta following Shareholder Approval of the Second Investment pursuant to Section 4.2 or at such other time and place as the Parties may agree (the “Second Closing”).
Sample 1
Second Investment. No later than one week after the conclusion of the Program, Investor (through itself and one or more affiliates) agrees to invest an additional $500,000 in exchange for, and the Company agrees to issue to Investor, one or more safes (as needed) substantially in the form attached as Exhibit A (the “Second Investment”) with a post-money floor valuation of $10,000,000; provided, that Investor will not be obligated to fund the Second Investment if (a) the Company loses one or more Founders prior to the conclusion of the Program, or (b) the Company voluntarily withdraws from participation in the Program for any reason. At Investor’s discretion, the Second Investment may be completed at any time prior to the conclusion of the Program. “Founder” means an employee or other service provider of the Company that (x) holds 10% or more of the fully-diluted capitalization of the Company, (y) attends events in the Program in person or by videoconference or (z) is designated by the Company as a founder or co-founder in written communication to Investor at any time.
Sample 1
Second Investment. Subject to the terms and conditions of this Agreement, and in reliance on the representations and warranties contained herein, upon the satisfaction of the conditions set forth below, on or before December 31, 1998, the Investor shall purchase and the Company shall sell and issue to the Investor (a) Debentures at an aggregate purchase price of $400,000, which shall be issued and delivered against receipt of funds as contemplated by Section 3, below, in four equal Debenture forms of $100,000 face amount each and (b) the Second Investment Warrant (the "Second Investment"). The obligation of the Investor to make the Second Investment shall be subject to the satisfaction of the following conditions:
Sample 1
Second Investment. Subject to the terms and conditions of this Agreement, and in reliance on the representations and warranties contained herein, upon the satisfaction of the conditions set forth in clauses (d), (e) and (f) of this paragraph 2.2 on or before November 13, 1998, the Investor shall purchase and the Company shall sell and issue to the Investor (a) Debentures at an aggregate purchase price of $400,000, which shall be issued and delivered against receipt of funds as contemplated by Section 3 of this Agreement in four equal Debenture forms of $100,000 face amount each and (b) the Second Investment Warrant (the "Second Investment"). The parties expressly waive satisfaction of those conditions set forth in subparagraphs (a), (b) and (c) of this Section 2.2 prior to the closing of the Second Investment.
Sample 1
Second Investment. (i) Upon or as soon as practicable immediately after the earlier of (x) the public announcement by the Company of the granting of approval by the FDA regarding the use of the Company's ICD model 2010 (the "2010 Approval"), or (y) the actual date of the grant by the FDA of the 2010 Approval (the earlier of such dates, the "2010 Announcement"), the Company will issue and sell to the Investor, and the Investor will purchase from the Company, at the Second Investment Closing (as defined below):
Sample 1
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Second Investment. Subject to the fulfillment of the conditions listed in Section 4 of this letter agreement, the Investor shall have the option, at any time prior to September 30, 2011, to purchase from the Company an additional One Million Seven Hundred Thousand (1,700,000) Units, at a price of $0.10 Unit ($170,000 total) and on the same terms as provided in Section 1 above. The Investor may exercise the option by delivering written notice of exercise to the Company on or before September 30, 2011. The purchase shall be consummated within five (5) business days of the delivery of the investor’s notice.
Sample 1

Related to Second Investment

  • Equity Investment “Equity Investment” shall mean pursuant to IRC § 45D(b)(6) and 26

  • PIPE Investment (a) Unless otherwise approved in writing by the Company, no Acquiror Party shall permit any amendment or modification to be made to, any waiver (in whole or in part) or provide consent to (including consent to termination), of any provision under any of the Subscription Agreements in a manner adverse to the Company and/or its Subsidiaries. Acquiror shall use commercially reasonable efforts to take, or cause to be taken, all actions and do, or cause to be done, all things necessary, proper or advisable to consummate the transactions contemplated by the Subscription Agreements on the terms and conditions described therein, including maintaining in effect the Subscription Agreements and to: (i) satisfy in all respects on a timely basis all conditions and covenants applicable to Acquiror in the Subscription Agreements and otherwise comply with its obligations thereunder, (ii) in the event that all conditions in the Subscription Agreements (other than those conditions that by their nature are to be satisfied at the Closing) have been satisfied, consummate transactions contemplated by the Subscription Agreements in accordance with the terms thereof; (iii) confer with the Company regarding timing of the Expected Closing Date (as defined in the Subscription Agreements); and (iv) deliver notices to counterparties to the Subscription Agreements sufficiently in advance of the Closing to cause them to fund their obligations immediately prior to the First Merger. Without limiting the generality of the foregoing, Acquiror shall give the Company, prompt written notice: (A) of any amendment to any Subscription Agreement; (B) of any material breach or default (or any event or circumstance that, with or without notice, lapse of time or both, could give rise to any material breach or default) by any party to any Subscription Agreement known to any Acquiror Party; (C) of the receipt of any material notice or other communication from any party to any Subscription Agreement with respect to any actual, potential, threatened or claimed expiration, lapse, withdrawal, breach, default, termination or repudiation by any party to any Subscription Agreement or any provisions of any Subscription Agreement in any material respects; and (D) if Acquiror does not expect to receive all or any portion of the PIPE Investment Amount on the terms, in the manner or from the PIPE Investors as contemplated by the Subscription Agreements.

  • Equity Investments Equity Investments, which, to the extent constituting Stock other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.

  • Restricted Investment Make or have, or permit any Subsidiary of Borrower to make or have, any Restricted Investment.

  • Additional Investment The Investor commits to invest in additional Class A Shares or American depositary shares representing Class A Shares if and when the Company conducts an IPO, of an amount of no more than the Purchase Price. The Company and the lead underwriters shall have the right to accept or not accept such investment and, if so accepted, to determine whether to accept the investment as part of the IPO or as a private placement. Neither the Company nor any underwriter for the Company’s IPO is under any obligation or commitment to issue any shares to the Investor in the IPO. Any such issuance will be decided by the Company and the lead underwriters for the IPO and must be in compliance with all applicable laws, regulations and rules.

  • Legal Investment On the Closing Date, the sale and issuance of the Shares and the proposed issuance of the Conversion Shares shall be legally permitted by all laws and regulations to which Purchasers and the Company are subject.

  • Investments Make any Investments, except:

  • Investment of Cash In connection with this Agreement, Customer may issue standing Instructions to invest Cash in one or more sweep investment vehicles. Such investment vehicles may be offered by a BNY Mellon Affiliate or by a client of BNY Mellon, and BNY Mellon may receive compensation therefrom. By making investment vehicles available, BNY Mellon and its Affiliates will not be deemed to have recommended, endorsed or guaranteed any such investment vehicle in any way or otherwise to have acted as a fiduciary or agent for, or on behalf of, Customer, its investment manager or any Account. BNY Mellon will have no liability for any loss incurred on any such investments. Customer understands that Cash may be uninvested if it is received or reconciled to an Account after the applicable deadline to be swept into Customer’s selected investment vehicle.

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