Common use of Additional Financings Clause in Contracts

Additional Financings. The Subscriber acknowledges that the Corporation may complete additional financings in the future in order to develop the business of the Corporation and to fund its ongoing development; that there is no assurance that such financings will be available and, if available, on reasonable terms; any such future financings may have a dilutive effect on current securityholders, including the Subscriber; that if such future financings are not available, the Corporation may be unable to fund its ongoing development and the lack of capital resources may result in the failure of its business venture;

Appears in 3 contracts

Samples: Subscription Agreement (Golden River Resources Corp.), Subscription Agreement (Golden River Resources Corp.), Subscription Agreement (Golden River Resources Corp.)

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Additional Financings. The Subscriber acknowledges that the Corporation Company may complete additional financings in the future in order to develop the business of the Corporation Company and to fund its ongoing development; that there is no assurance that such financings will be available and, if available, on reasonable terms; any and such future financings may have a dilutive effect on the current securityholderssecurity holders of the Company, including the Subscriber; , but there is no assurance that such financing will be available, on reasonable terms or at all, and if such future financings are not available, the Corporation Company may be unable to fund its ongoing development and the lack of capital resources may result in the failure of its business venture;development.

Appears in 1 contract

Samples: Share Issuance Agreement

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