Common use of Capital Raising Limitations Clause in Contracts

Capital Raising Limitations. During the period from the date of this Agreement until the earlier of (i) the date that is one year after the Termination Date, or (ii) (a) in the case of a Company Termination, the date that is one (1) year after the date of such Company Termination, or (b) in the case of an Automatic Termination that is not waived by the Investor, the date that is six (6) months after the date of such Automatic Termination, the Company shall not issue or sell, or agree to issue or sell, for cash in private capital raising transactions (the following to be collectively referred to herein as, the "Equity Securities"), either (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering, without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.6.1 are collectively referred to as the "Capital Raising Limitations").

Appears in 2 contracts

Samples: Investment Agreement (Ecom Ecom Com Inc), Investment Agreement (Ecom Ecom Com Inc)

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Capital Raising Limitations. During the period from the date of this Agreement until the earlier of (iI) the date that is one year after the Termination Date, or (ii) (a) in the case of a Company Termination, the date that is one (1) year after the date of such Company Termination, or (b) in the case of an Automatic Termination that is not waived by the Investor, the date that is six (6) months after the date of such Automatic Termination, the Company shall not issue or sell, or agree to issue or sell, for cash in private capital raising transactions (the following to be collectively referred to herein as, the "Equity Securities"), either (iI) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering, without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.6.1 are collectively referred to as the "Capital Raising Limitations").

Appears in 1 contract

Samples: Investment Agreement (Ecom Ecom Com Inc)

Capital Raising Limitations. During the period from the date of this Agreement until the earlier of (i) the date that is one year ninety (90) days after the Termination Date, or (ii) (a) in the case of a Company Termination, the date that is one (1) year after the date of such Company Termination, or (b) in the case of an Automatic Termination that is not waived by the Investor, the date that is six (6) months after the date of such Automatic Termination, the Company shall not issue or sell, or agree to issue or sellsell Equity Securities (as defined below), for cash in private capital raising transactions, other than the transactions set forth on Schedule 6.5.1, without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.5.1 are collectively referred to as the "Capital Raising Limitations"). For purposes hereof, the following to shall be collectively referred to herein as, the "Equity Securities"), either : (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering, without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.6.1 are collectively referred to as the "Capital Raising Limitations").

Appears in 1 contract

Samples: Investment Agreement (Us Microbics Inc)

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Capital Raising Limitations. During the period from the date of this Agreement until the earlier of (i) the date that is one year ninety (90) days after the Termination Date, or (ii) (a) in the case of a Company Termination, the date that is one (1) year after the date of such Company Termination, or (b) in the case of an Automatic Termination that is not waived by the Investor, the date that is six (6) months after the date of such Automatic Termination, the Company shall not issue or sell, or agree to issue or sellsell Equity Securities (as defined below), for cash in private capital raising transactions without obtaining the prior written approval of the Investor of the Offering, which approval will not be unreasonably withheld (the limitations referred to in this subsection 6.6.1 are collectively referred to as the "Capital Raising Limitations"). For purposes hereof, the following to shall be collectively referred to herein as, the "Equity Securities"), either : (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering, without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.6.1 are collectively referred to as the "Capital Raising Limitations").

Appears in 1 contract

Samples: Investment Agreement (Quikbiz Internet Group Inc)

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