Financing Event

Financing Event. For any Performance Period, the closing of any financing event for capital raising purposes

Financing Event. Means [*].

Financing Event. : 1.15.1. During the period beginning on the Consulting Effective Date and expiring on the Consulting Anniversary Date, the Company receives gross proceeds from the Sale of Equity in an aggregate amount that is equal to or greater than $6,000,000 (U.S.), or 5 1.15.2. During the period beginning on the Consulting Effective Date and expiring on the Consulting Anniversary Date, the Company receives gross proceeds from... the Sale of Equity in an aggregate amount that is equal to or greater than $4,500,000 (U.S.). To qualify as a "Financing Event", the Sale of Equity under Paragraph 1.15.2 must occur at an average price equal or greater to $1.00 (U.S.) per share; View More

Financing Event. Means either: (i) the creation and issuance of any debt security; or (ii) the creation and issuance of shares of any other security of the Company and securities convertible into or exercisable for any equity security of the Company, regardless of whether such security has rights senior to, on parity with, or junior to the Series A Preferred Stock, the Series B Preferred Stock or the Series C Preferred Stock.