Common use of Additional Purchase Right Clause in Contracts

Additional Purchase Right. (a) From the date hereof until the until the six month anniversary of the Closing Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers, additional debentures with a principal aggregate amount of up to $150,000 (such debentures, the “Additional Debentures”) and warrants to purchase 170,713 Ordinary Shares with an exercise price equal to the Exercise Price (such warrants, the “Additional Warrants,” and together with the Additional Debentures, the “Additional Securities”), on a pro rata basis. The right to receive the Additional Securities, pursuant to this Section 4.13, shall be referred to herein as the “Purchaser Additional Rights”). (b) Any Additional Right exercised by a Purchaser shall close within 5 Trading Days of a duly delivered exercise notice by the exercising Purchaser. Any additional investment in the Additional Securities shall be on terms, conditions and conversion prices identical to those set forth in the Transaction Documents, mutatis mutandis. In order to effectuate a purchase and sale of the Additional Securities, the Company and the Purchasers shall enter into a securities purchase agreement identical to this Agreement (with the exception of section 4.10(a) and this section 4.13, both of which shall be omitted), mutatis mutandis, and shall include updated disclosure schedules and such Additional Securities shall be subject to the other Transaction Documents. Any Purchaser may assign its Purchaser Additional Rights to any Affiliate of such Purchaser or to any other Purchaser.

Additional Purchase Right. (a) From the date hereof until the until date which is six months after the six month anniversary of the Closing Effective Date, each Purchaser may, in its sole determination, elect to purchase, severally and not jointly with the other Purchasers, additional debentures with a principal aggregate amount of up to $150,000 such Purchasers Subscription Amount for the First and Second Closing (but not Warrants) (such debenturessecurities, the “Additional Debentures”) and warrants to purchase 170,713 Ordinary Shares with an exercise price equal to the Exercise Price (such warrants, the “Additional Warrants,” and together with the Additional Debentures, the “Additional Securities”), on a pro rata basis. The such right to receive the Additional Securities, Debentures pursuant to this Section 4.134.19, shall be referred to herein as the “Purchaser Additional Rights”). (b) Any Additional Right exercised by a Purchaser shall close within 5 Trading Days of a duly delivered exercise notice by the exercising Purchaser. Any additional investment in the Additional Securities Debentures shall be on terms, conditions and conversion and exercise prices identical to those set forth in the Transaction Documents, mutatis mutandis. In order to effectuate a purchase and sale of the Additional SecuritiesDebentures, the Company and the Purchasers shall enter into a securities purchase agreement identical to this Agreement (with the exception of section 4.10(a) and this section 4.134.13(a), both of which shall be omitted)) and a registration rights agreement identical to the Registration Right Agreement, mutatis mutandis, and shall include updated disclosure schedules and such Additional Securities Debentures shall be subject to the other Transaction Documents. Any Purchaser may assign its Purchaser Additional Rights to any Affiliate of such Purchaser or to any other Purchaser.