Additional Financing. The Borrower hereby covenants and agrees that, except for Permitted Encumbrances and except as otherwise contemplated in the Mortgage, without the prior written consent of the Significant Bondholder, if any, it shall not create, incur, assume or guaranty any financing secured by the Project or other financings except (i) the transactions contemplated in the Subordinate Loan Documents, (ii) the Permitted Encumbrances and as otherwise contemplated in the Mortgage, and (iii) unsecured loans or advances by the Borrower’s partners as contemplated or permitted by the Partnership Agreement.
Additional Financing. Except as otherwise provided in this Article V, no Member shall be obligated or permitted to contribute any additional capital to the Company without the consent of the Board of Managers. No interest shall accrue on any contributions to the capital of the Company, and no Member shall have the right to withdraw or to be repaid any capital contributed by it or to receive any other payment in respect of its interest in the Company, including without limitation as a result of the withdrawal or resignation of such Member from the Company, except as specifically provided in this Agreement. The records of the Company shall be adjusted to reflect any additional contributions to the capital of the Company made pursuant to Section 5.2.
Additional Financing. Subscriber further acknowledges that nothing hereunder shall preclude the Company from seeking and/or procuring additional equity and/or debt financing.
Additional Financing. The parties hereto acknowledge that the Lenders have made no agreement or commitment to provide any financing except as set forth herein.
Additional Financing. The Investor understands that Lenz will -------------------- require additional xxxancing in the figure, that Lenz has no commitments for such financing at this time and has no asxxxxnces that it will be able to obtain additional financing, or if obtained what price, terms and conditions will be attached to such financing. The Investor acknowledges that Lenz intends to issue substantial shares in several rounds of future xxxxncings, and that in the course of such issuances, the Investor's percentage ownership in Lenz will be substantially diluted.
Additional Financing. Nothing herein contained shall prevent the Company from issuing any other securities or rights with respect thereto during the period within which a Warrant is exercisable, upon such terms as the Company may deem appropriate.
Additional Financing. The parties hereto acknowledge that the Banks have made no agreement or commitment to provide any financing except as set forth herein.
Additional Financing. Purchaser further acknowledges that nothing hereunder shall preclude the Company from seeking and/or procuring additional equity and/or debt financing.
Additional Financing. The sums of money required to finance the business and affairs of the Company shall be derived from the Capital Contributions made by the Members to the Company, from funds generated from the operation and the business of the Company, from dividends distributed to the Company by any of its Subsidiaries and from any loans or other indebtedness which the Manager may approve for the Company. Voluntary Capital Contributions from a Member may be made on such terms as such Member and the Manager shall agree. In such event, (i) all Members shall be diluted in an equal manner with respect to such issuance, subject to differences in rights and preferences of different classes, groups and series of Securities, and (ii) the Manager shall have the power to amend this Agreement and/or Schedule A hereto to reflect such additional issuances and dilution and to make any such other amendments as it deems necessary or desirable to reflect such additional issuances (including, without limitation, amending this Agreement to increase the number of Securities of any class, group or series, to create and issue a new class, group or series of Securities and to add the terms of such new class, group or series, including economic and governance rights which may be different from, senior to or more favorable than the other existing Securities), in each case without the approval or consent of Communications Infrastructure Group, LLC - Amended & Restated Operating Agreement June 30,12 any other Person. Any Person who acquires Securities may be admitted to the Company as a Member pursuant to the terms of Section 13.2. In connection with any issuance of Interests, the Person who acquires such Interests shall execute a counterpart to this Agreement, accepting and agreeing to be bound by all terms and conditions hereof, and shall enter into such other documents, instruments and agreements to effect such purchase and evidence the terms and conditions thereof (including transfer restrictions) as are required by the Manager (each, an “Equity Agreement”). Each Person who acquires Interests shall in exchange for such Interests make a Capital Contribution to the Company in accordance with such Person’s Equity Agreement or, if none, in an amount to be determined by the Manager in its sole discretion (which may be zero).
Additional Financing. 124 12.11 No Partnership, Etc...............................................124 12.12 Deed of Trust/Collateral Documents................................124 12.13
