Additional Financings definition

Additional Financings as defined in Section 3.5.
Additional Financings shall have the meaning set forth in Section 2.1(b).
Additional Financings means the First

Examples of Additional Financings in a sentence

  • The project had two Additional Financings from 2007-2009 for IDA US$60 million and the second AF for 2009-2010 for IDA US$ 40 million.

  • As GOT did not fully meet the PRSC entry conditions6, the two Additional Financings were part of the third phase given that the project did not progress to PRSC as was originally envisaged.

  • As a result, two more Additional Financings were approved in January 2008 and July 2008 to cover affected areas.

  • Revised Estimates include all Additional Financings (USD10 million IDA and USD20 million MDTF) and co-financing from ACDI (USD18.25 million).

  • The PDO in the Financing Agreement will be used to assess efficacy.Two Additional Financings were introduced during implementation.

  • This model is currently being implemented under the Second and Third Additional Financings.

  • Detailed History of Additional Financings First AF, approved November 26, 2012 by RVP.

  • A small group of our County employees organized and launched our Rio Arriba County-All ‘Bout Communities (RAC-ABC) employee-initiated community give back campaign.

  • Although a few targets may have been set conservatively, this indicates a degree of efficiency.• Impact of Additional Financings.

  • The statement of project objectives remained unchanged, but several outcome targets were increased to reflect two Additional Financings (AFs) and the expansion of coverage to two additional regions.


More Definitions of Additional Financings

Additional Financings means the First Additional Financing, the Second Additional Financing, the Third Additional Financing and the Fourth Additional Financing’.
Additional Financings means (i) shares of Common Stock issued by the Company pursuant to Securities Purchase Agreements or Settlement Agreements, as the case may be, of even date herewith (the "FINANCING AGREEMENTS"), (ii) amended existing promissory notes owing by SOED to certain debtholders (the "SOED NOTES") to extend the term thereof and to make such notes convertible, at the option of the holder, into shares of Common Stock, (iii) warrants to purchase shares of Common Stock issued by the Company to certain parties who effected the Financing Agreements, the amendment of the SOED Notes and/or the going unconditional of VIS and the closing of SOED, and (iv) 2% Secured Convertible Debentures (the "DEBENTURES") issued by the Company pursuant to a Securities Purchase Agreement of even date herewith.
Additional Financings has the meaning set forth in Section 6.20.
Additional Financings means (i) shares of the Company's Series A Cumulative Convertible Preferred Stock, $10,000 liquidation preference per share, $0.001 par value (the "PREFERRED STOCK") and/or shares of Common Stock issued by the Company pursuant to Securities Purchase Agreements or Settlement Agreements, as the case may be, of even date herewith (the "FINANCING AGREEMENTS"), (ii) amended existing promissory notes owing by SOED to certain debtholders (the "SOED NOTES") to extend the term thereof and to make such notes convertible, at the option of the holder, into shares of Common Stock, and (iii) warrants to purchase shares of Common Stock issued by the Company to certain parties who effected the Financing Agreements, the amendment of the SOED Notes and/or the going unconditional of VIS and the closing of SOED.
Additional Financings shall not mean or include any debt or related "mezzanine" financing obtained by the Company prior to March 31, 2006, unless the same shall consist of or include notes convertible into shares of Company Common Stock. If any financings, not constituting an Additional Financing, are obtained by or through Wharton, in lieu of the provisions of an October 6, 2005 consulting agreement between Wharton and the Company, Wharton shall be entitled to a finders fee equal to 7% of the amount of such debt or related "mezzanine" financing obtained. THE REVERSE STOCK SPLIT At the time of consummation of the initial Additional Financing, based upon an initial Additional Financing at an assumed minimum per share price of $2.00 per share, the Company shall consummate a one-for-eight reverse split of its outstanding common stock (the "REVERSE STOCK SPLIT"). Pursuant to the Reverse Stock Split, each outstanding share of Company Common Stock (including the Business Development Stock issued to Broadway and Xxxxxxx) and each share of Company Common Stock issuable (i) under any stock option plan, (ii) upon exercise of outstanding stock options or warrants to purchase Common Stock, or (iii) upon conversion into Common Stock of the Bridge Notes, shall represent 1/8 of a share of Company Common Stock or the right to purchase or receive 1/8 of a share of Company Common Stock; provided, that fractional shares shall be rounded to the nearest whole share. In the event that, for any reason, the Board of Directors of the Company shall elect to consummate an Additional Financing at a minimum per share price of less than $2.00 per share, then there shall be an appropriate pro rata reduction in the amount of the Reverse Stock Split. ZBB ENERGY CORPORATION 8 THE ADDITIONAL FINANCING Following completion of the Bridge Loan and the listing of the Company's Common Stock for trading on a National Securities Exchange, the Company will seek to consummate a private placement of between 3,000,000 and 6,000,000 shares of Common Stock (after giving effect to the 1:8 Reverse Stock Split) at an assumed purchase price of $2.00 per share. Such Additional Financing may also include three year warrants to purchase up to 50% of the number of shaves of Common Stock sold in connection with the Additional Financing, at an exercise price of not less than 120% of the per share offering price of the Common Stock. Empire Financial Holding Company or one or more other investment bankers acceptable to the board of dire...

Related to Additional Financings

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Refinancings shall have a meaning correlative thereto.

  • Financings has the meaning ascribed to it in the preamble.

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Alternative Financing has the meaning set forth in Section 5.14(b).

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Additional Filing Date means the date on which the Additional Registration Statement is filed with the SEC.

  • New Financing has the meaning specified in Section 2.04(a).

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Refinancing Transactions means the issuance and sale of the Notes pursuant to the Offering Memorandum, the incurrence of indebtedness on or about the Issue Date pursuant to any Credit Agreement and/or the repricing, refinancing, amendment, restatement or supplement, in whole or in part, of any Credit Agreement and the redemption (including any satisfaction and discharge in connection therewith) of all of the Company’s outstanding 7.875% Senior Notes due 2019 and the payment of fees and expenses in connection therewith.

  • Bridge Financing has meaning set forth in Section 7.6.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Permitted Acquisition Indebtedness means Indebtedness or Disqualified Stock of the Company or any of its Restricted Subsidiaries to the extent such Indebtedness or Disqualified Stock was Indebtedness or Disqualified Stock of any other Person existing at the time (a) such Person became a Restricted Subsidiary of the Company or (b) such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, provided that on the date such Person became a Restricted Subsidiary or the date such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, as applicable, either

  • Project financing gap means the part of the total project cost,

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Subsidiary Guarantor, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such acquisition, including, without limitation, all legal opinions and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.