Definitions for "Pay to Play"
A provision which requires investors to participate in subsequent rounds or forfeit certain rights such as anti-dilution.
A provision in venture financing documents which s... Add a comment
a clause in a financing agreement whereby any investor that does not participate in a future round agrees to suffer significant dilution compared to other investors. The most onerous version of "pay to play" is automatic conversion to common shares, which in essence ends any preferential rights of an investor, such as the right to influence key management decisions.
Keywords:  nevermind, dgc, rareties, nirvana, vol
"Pay To Play" is an early Nirvana song. It was later re-recorded with different lyrics and released with the name "Stay Away" on the Nevermind album in 1991. "Pay To Play" in its original form would be released later on a compilation album DGC Rareties Vol 1 in 1994.
A reference to the character of the American political process: in order to be assured of access and influence with elected officials, a person or group has to make significant contributions to those officials' re-election campaigns. "[If we didn't make PAC contributions] I wouldn't have the access . . . I wouldn't know Governor X to the degree that we know the governor and his staff; we wouldn't know Bob Y, the local congressman, as well as we know him; and we wouldn't know the junior senator as well." -- PAC director quoted in Money Talks by Dan Clawson.
PTP – Refers to online resources for which consortial pricing is negotiated by OhioLINK or OHIONET, but libraries must pay individually for access. Access is billed through OhioLINK or OHIONET.
Keywords:  drafts, payable
Pay up Payable through drafts