Common use of Additional Securities Issuances Clause in Contracts

Additional Securities Issuances. From the date hereof until ninety (90) days after the date of the Closing, without the prior written consent of each Purchaser, the Company shall not issue any indebtedness for money borrowed that has a variable conversion rate and is not subordinated to the Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mphase Technologies Inc), Securities Purchase Agreement (Mphase Technologies Inc)

AutoNDA by SimpleDocs

Additional Securities Issuances. From the date hereof until ninety (90) days after the date of the Closing, without the prior written consent of each the Purchaser, the Company shall not issue any indebtedness for money borrowed that has a variable conversion rate and is not subordinated to the Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (EVmo, Inc.), Securities Purchase Agreement (SurgePays, Inc.)

AutoNDA by SimpleDocs

Additional Securities Issuances. From the date hereof until ninety (90) days after the date of the Closing, without the prior written consent of each Purchaserthe Holder, the Company shall not issue any indebtedness for money borrowed that has a variable conversion rate and is not subordinated to the Notesrate.

Appears in 1 contract

Samples: Exchange Agreement (EVmo, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!