Common use of Additional Covenant Clause in Contracts

Additional Covenant. Until the later of the expiration of the Standstill Period (as defined in Section 13 below) or the date on which this Note has been discharged in full, Maker shall not sell, license, loan or otherwise in any way transfer or distribute Maker's Tangential Flow Filtration ("TFF") devices or any similar device, or any specifications, diagrams, description or other information about the TFF devices, to any third party, or commit or promise or enter into any understanding of any kind, direct or indirect, contingent or otherwise, to do any of the foregoing in regard to Maker's TFF devices or any similar device, without the prior written consent of Holder in each case.

Appears in 8 contracts

Samples: Loan Agreement, Security Agreement and 10% Convertible, Secured Promissory Note (Northwest Biotherapeutics Inc), Loan Agreement, Security Agreement and Convertible Promissory Note (Northwest Biotherapeutics Inc), Loan Agreement (Northwest Biotherapeutics Inc)

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