Common use of Additional Notes; Variable Securities; Dilutive Issuances Clause in Contracts

Additional Notes; Variable Securities; Dilutive Issuances. (i) So long as any Buyer beneficially owns any Securities, the Company will not, without the prior written consent of Buyers holding a majority of the Notes, issue any Notes (other than to the Buyers as contemplated hereby) and the Company shall not issue any other securities that would cause a breach or default under the Notes or the Warrants.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ascendia Brands, Inc.), Securities Purchase Agreement (Ascendia Brands, Inc.)

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Additional Notes; Variable Securities; Dilutive Issuances. (i) So long as any Buyer beneficially owns any SecuritiesNotes, the Company will not, without the prior written consent of Buyers holding a majority of the Notes, not issue any Notes (other than to the Buyers Buyer as contemplated hereby) and the Company shall not issue any other securities that would cause a breach or default under the Notes or the WarrantsNotes.

Appears in 2 contracts

Samples: Note Purchase Agreement (Merisel Inc /De/), Note Purchase Agreement (Merisel Inc /De/)

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