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Common use of Closing Proceeds Clause in Contracts

Closing Proceeds. The Company shall have raised at least $40,000,000 from the Investors pursuant to this Agreement; provided, however, that, notwithstanding Section 10.2, this condition may be waived solely by MPM Capital.

Appears in 4 contracts

Sources: Common Stock and Warrant Purchase Agreement (Rigel Pharmaceuticals Inc), Common Stock and Warrant Purchase Agreement (MPM Bio Ventures Iii Lp), Common Stock and Warrant Purchase Agreement (Frazier Healthcare Ii Lp)

Related Clauses

  • Pre-Closing Collections
  • Funds at Closing
  • Proceeds
  • Sale Proceeds
  • Proceeds of Dispositions; Expenses

Parent Clauses

  • Conditions to Investors' Obligations
  • Amendments to Credit Agreement
  • New Section 2.21 (“Sony Sale Matters
  • Proceeds
  • Closing Deliverables

Sub-Clauses

  • REGISTRATION RIGHTS
  • DEMAND REGISTRATION
  • REGISTRATION
  • CONDITIONS TO COMPANY'S OBLIGATIONS AT THE CLOSING
  • INDEMNIFICATION
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