Common use of Additional Purchasers Clause in Contracts

Additional Purchasers. At any time and from time to time after the date hereof (whether prior to or after the Closing Date), subject to the Company’s prior written consent: (a) Additional Person(s) may become a party to this Agreement by executing and delivering to the Company an additional counterpart signature page to this Agreement and, upon such execution and delivery of such additional counterpart signature page, each such additional Person shall be deemed a “Purchaser” for all purposes hereunder. No consent or approval of any other Purchaser shall be required for such joinder to this Agreement by any additional Person, so long as such additional Person has agreed in writing to be bound by all of the obligations as a “Purchaser” hereunder. Upon the joinder to this Agreement by an additional Person, the Company shall be entitled to update Schedule I attached hereto to reflect the same without first obtaining the consent or approval of any other Purchaser. (b) Any Purchaser may increase its Subscription Amount by executing and delivering to the Company an additional counterpart signature page to this Agreement reflecting such increase in the Subscription Amount. No consent or approval of any other Purchaser shall be required for any increase in the Subscription Amount of any Purchaser, and the Company shall be entitled to update Schedule I attached hereto to reflect such increase in the Subscription Amount without first obtaining the consent or approval of any other Purchaser.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Cachet Financial Solutions, Inc.), Securities Purchase Agreement (Cachet Financial Solutions, Inc.), Securities Purchase Agreement (Cachet Financial Solutions, Inc.)

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