Debt Preemptive Right. The Company will not incur any additional debt other than the debt due under the Note or any Permitted Indebtedness, (as defined in the Note Agreement) without first complying with this Article II and Section 12.15 of the Note Agreement.
Appears in 2 contracts
Samples: Shareholder Agreement (Valuestar Corp), Shareholder Agreement (Seacoast Capital Partners LTD Partnership)
Debt Preemptive Right. The Company will not incur any additional debt other than the debt due under the Note or any Permitted Indebtedness, (as defined in the Note Agreement) without first complying with this Article II Section 3 and Section 12.15 of the Note Agreement.
Appears in 2 contracts
Samples: Investors Rights Agreement (Seacoast Capital Partners LTD Partnership), Investors Rights Agreement (Valuestar Corp)
