Subsequent Financing definition

Subsequent Financing shall have the meaning ascribed to such term in Section 4.12(a).

Subsequent Financing means any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents for cash consideration, Indebtedness or a combination of units thereof.

Subsequent Financing means the closing of any Borrower financing which becomes effective after the Closing Date.

Examples of Subsequent Financing in a sentence

• The Subsequent Financing Notice shall describe in reasonable detail the proposed terms of such Subsequent Financing, the amount of proceeds intended to be raised thereunder, the Person with whom such Subsequent Financing is proposed to be effected, and attached to which shall be a term sheet or similar document relating thereto.

• The Subsequent Financing Notice shall describe in reasonable detail the proposed terms of such Subsequent Financing, the amount of proceeds intended to be raised thereunder and the Person or Persons through or with whom such Subsequent Financing is proposed to be effected and shall include a term sheet or similar document relating thereto as an attachment.

• Upon the request of a Purchaser, and only upon a request by such Purchaser, for a Subsequent Financing Notice, the Company shall promptly, but no later than 1 Trading Day after such request, deliver a Subsequent Financing Notice to such Purchaser.

• The Company must provide the Purchasers with a second Subsequent Financing Notice, and the Purchasers will again have the right of participation set forth above in this Section 4.13, if the Subsequent Financing subject to the initial Subsequent Financing Notice is not consummated for any reason on the terms set forth in such Subsequent Financing Notice within 60 Trading Days after the date of the initial Subsequent Financing Notice.

• In the event the Company receives responses to Subsequent Financing Notices from Purchasers seeking to purchase more than the aggregate amount of the Subsequent Financing, each such Purchaser shall have the right to purchase their Pro Rata Portion (as defined below) of the Participation Maximum.

More Definitions of Subsequent Financing

Subsequent Financing means any offer and sale of shares of Preferred Stock or debt that is initially convertible into shares of Common Stock or otherwise senior or superior to the Series A Preferred Stock.

Subsequent Financing shall have the meaning set forth in Section 4.9.

Subsequent Financing has the meaning set forth in Section 10.1.

Subsequent Financing shall have the meaning ascribed to such term in Section 4.11(a). "Subsequent Financing Notice" shall have the meaning ascribed to such term in Section 4.11(b).

Subsequent Financing means the closing of any Borrower institutional private equity or convertible preferred financing which becomes effective after the Closing Date (other than the New Financing) and results in aggregate proceeds to Borrower of at least $10,000,000.

Subsequent Financing means the sale by the Company, to one or more third parties, of equity securities of the Company equal to or exceeding $3,000,000 in aggregate gross proceeds to the Company.

Subsequent Financing means the closing of any Equity Event of Borrower, any Subsidiary or any Affiliate of Borrower after the Closing Date which results in aggregate proceeds to such Person of at least Ten Million Dollars ($10,000,000).