Common use of Additional Financings Clause in Contracts

Additional Financings. Borrower agrees that this Note is now and shall remain senior to any other subsequent debt of Borrower. Where Borrower seeks to enter into any debt or equity financing arrangement during the Term of this Note, then this Note and all related sums due shall immediately become due and payable in their entirety, provided however, at Lender’s sole option, Borrower may be permitted alternate repayment terms. Lender shall not unreasonably withhold its consent from any subordination requests reasonably made by Borrower.

Appears in 4 contracts

Samples: Bridge Loan Agreement (Alfi, Inc.), Bridge Loan Agreement (Alfi, Inc.), Bridge Loan Agreement (Alfi, Inc.)

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