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.)
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/)