Future Financing definition

Future Financing means any financing undertaken by the Borrower after the advance of the Loan whether such financing is effected by way of a public offering of securities by the Borrower, debt, equity, convertible debt or otherwise.
Future Financing shall have the meaning set forth in Section 2.3(a).

Examples of Future Financing in a sentence

  • The Zhuzhou JVs may make distributions to its shareholders on a pro-rata basis to their respective equity interests in the Zhuzhou JVs after the repayment of all borrowings (including but not limited to bank borrowing and shareholders’ loan) by the Zhuzhou JVs. Future financing: Any additional funding of the Zhuzhou Project shall be arranged by Xxxxxxx XXx with xxxxx.

  • Future financing gets more troublesome due to public debt as more funds out of the budget have to be spared for fixed charges and by increasing the amount of taxes which must be paid to service the debt.

  • Board composition Management and operation Future financing Profit/loss sharing of the Project Company Restriction on transfers : The Project Company shall establish the board of directors and the board of supervisors.

  • Future financing rounds or an initial public offering of the Issuer or other reasons may require that Token Holders are bought out as having hundreds of Shareholders may limit the operability of the Issuer or the concept of Share Tokens may not be compatible with future requirements.

  • The Zhuzhou JVs may make distributions to its shareholders on a pro-rata basis to their respective equity interests in the Zhuzhou JVs after the repayment of all borrowings (including but not limited to bank borrowing and shareholders’ loan) by the Zhuzhou JVs. Future financing: Any additional funding of the Zhuzhou Project shall be arranged by Zhuzhou JVs with banks.


More Definitions of Future Financing

Future Financing means a private placement financing, or series of related private placement financings, by the Company after the Closing Date pursuant to which gross proceeds of at least $1,500,000 are raised "Generally Accepted Accounting Principles" for any Person means the generally accepted accounting principles and practices applied by such Person from time to time in the preparation of its audited financial statements.
Future Financing is defined in Section 13.4.
Future Financing. Any additional funding or capital of the Redevelopment of the JV Land shall be arranged as follows: (1) In the event where JV requires additional funding, either Shenzhen Runtou or XX Xxxx Investment (or its related person(s)) could provide shareholder’s loan at a principal amount of its own discretion. The interest rate of such loan will then be determined under arm’s length negotiation between the JV and such shareholder. (2) In the event where (a) both Shenzhen Runtou and XX Xxxx Investment decide not to provide shareholder’s loan to the JV, (b) the shareholder’s loan granted does not meet the financing needs of the JV, or (c) the terms offered by third party financial institutions are more favourable than those provided by the shareholders, the JV may obtain financing from such third party financial institutions. (3) If the existing registered capital of the JV does not fulfill the financing requirement of third party financial institutions, both Shenzhen Runtou and XX Xxxx Investment shall inject additional capital to the JV in order to satisfy the financing needs of the JV. (4) In the event where the JV obtains financing from third party financial institutions, the JV should first use its own assets as guarantee. If the aforementioned is not sufficient, both Shenzhen Runtou and XX Xxxx Investment will provide credit guarantee in proportion to their respective equity interests in the JV. Such guarantee given by Shenzhen Runtou and/or XX Xxxx Investment shall be on a several basis. The Company estimates that a maximum of RMB4.0 billion will be provided as additional funding to the JV by way of (i) additional capital commitment and/or (ii) financial assistance (i.e., shareholder’s loan or provision of guarantee in the event where the JV has obtained financing from third party financial institutions). Assuming the additional funding of RMB4.0 billion will be provided by the Company to the JV in the form of financial assistance, the Company expects that the maximum annual interests received to be RMB174 million. The estimated additional funding to be received are determined based on the maximum additional funding needs of the JV. The maximum annual interests and guarantees to be received are determined based on the following:
Future Financing. Any additional funding requirements (other than the registered capital) of the Project Company shall be arranged by the Project Company. Profit/loss sharing of the Project Company : The profit/loss in respect of the Project Company shall be shared by CSCIICL, CCEED and the Project Partner in proportion to their respective equity interest in the Project Company. Restriction on transfers : Neither CSCIICL or CCEED shall transfer or assign all or any part of its equity interest in the Project Company without written consent from the other parties.
Future Financing. Any sale/leaseback or mortgage financing transaction hereinafter entered into by the Seller (or any Single Purpose Entity) in accordance with the terms hereof to finance the construction, development and operation of the Blue Xxxx Property, the Richmond Property, the Montgomery Property and/or the West Bloomfield Hills Property.
Future Financing shall have the meaning set forth in Section 5.11.
Future Financing means primary round of investment into the Company, in which the Company issues securities to strategic or financial investor or investors (excluding the Investor).