Square 1 definition

Square 1 has the meaning assigned in the preamble of this Agreement.
Square 1 means Square 1 Bank.
Square 1 means Square 1 Bank, a North Carolina banking corporation (“Square 1”), in its capacity as a holder of (i) Warrants, (ii) shares of capital stock issued upon the exercise of the Warrants or (iii) Common Stock issued upon the conversion of such shares of capital stock.

Examples of Square 1 in a sentence

  • If you are not based in Edinburgh, please address as ‘Private and Confidential’ to the named individual above at Calton Square, 1 Greenside Row, Edinburgh, EH1 3AN.

  • This loan was later consolidated into the Square 1 Bank Transaction and was secured by the Company’s intellectual property.

  • Convey, sell, lease, license, transfer or otherwise dispose of (collectively, to “Transfer”), or permit any of its Subsidiaries to Transfer, all or any part of its business or property, or move Cash balances on deposit with Square 1 to accounts opened at another financial institution, other than Permitted Transfers.

  • Prior to maintaining any deposit accounts with Square 1 or any investment accounts with Square 1’s Affiliates, Borrower, Agent, and any such Affiliate, as applicable, shall have entered into a deposit account control agreement or a securities account control agreement, as applicable, with respect to any such deposit accounts and investment accounts, in form and substance satisfactory to Agent and the Required Lenders.

  • We are excited to have you as a Square 1 Bank client and want to spread the word about your success! From press releases to mentions on social media sites, and all points in between, Square 1’s marketing and communications team is constantly seeking new opportunities to promote our clients and to connect them to prospects, existing customers, and the larger entrepreneurial/venture capital community.

  • Although the lender has waived our past defaults, there can be no assurance that they will continue do so in the event of future defaults.In June 2017, we entered into a credit agreement with Pacific Western Bank (doing business as Square 1 Bank) (“Square 1 Bank”) for a revolving credit facility of up to $20,000,000 (the “Square 1 Facility”).

  • The terms of the Square 1 Facility agreement require us to maintain a Liquidity to Cash Burn Ratio of 1.00 to 1.00 (the “Liquidity Requirement”).

  • TABLE OF CONTENTS We have, in the past, failed to maintain certain financial liquidity requirements under our revolving credit facility with Square 1 Bank, which constitutes an event of default under the revolving facility agreement.

  • Liquidity means the sum of cash and cash equivalents (“cash”) at Square 1 Bank, plus 75% of our net accounts receivable less than 90 days from invoice date, plus the amount of the revolving line under the Square 1 Facility less the aggregate outstanding principal amount of all amounts outstanding under such revolving line.

  • The agreement provides that Square 1 Bank may loan up to $20,000,000 to us, if Square 1 Bank is fully secured by investors’ collateral in the form of standby letters of credit or pledged accounts.

Related to Square 1

  • CIT means The CIT Group/Commercial Services, Inc.

  • Investec means Investec Bank plc.

  • Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.

  • TD means The Toronto-Dominion Bank.

  • National City National City Mortgage Co., or any successor thereto.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • First Name XXXXX XXXX" and "XXXXX," or "XXXXXXX" and "XXXX."

  • First Nation means the ___________ First Nation, being a band named in the schedule to the Act;

  • Foothill means Foothill Capital Corporation, a California corporation.

  • Michigan strategic fund means the Michigan strategic fund as described in the Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.

  • Computershare means Computershare Trust Company of Canada;

  • Charity care means care provided by a health care facility for which the provider does not expect to receive payment from the patient or a third-party payer.

  • Trinity House means the Corporation of Trinity House of Deptford Strond;

  • Summit means the Summit of the Heads of State or Government of SADC established by Article 9 of this Treaty;

  • Public street means a public right-of-way, including a public highway, public avenue, public boulevard, public parkway, public road, public lane, public alley, public viaduct, public subway, public tunnel, public bridge, public byway, other public transportation easement, or other public way.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • ESBD means the Electronic State Business Daily, the electronic marketplace where State of Texas bid opportunities over $25,000 are posted. The ESBD may currently be accessed at http://www.txsmartbuy.com/sp.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Landmark has the meaning set forth in the preamble.

  • First Chicago means The First National Bank of Chicago in its individual capacity, and its successors.

  • Investment Management Agreement means the Investment Management Agreement made

  • Fortis means Fortis Inc.;

  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Mauritius means the Republic of Mauritius and includes:

  • Warehouse Agreement means an agreement to provide credit to a person to enable the person to have funds to make residential mortgage loans and hold such loans pending sale to other persons.