Equity Line of Credit Sample Clauses

Equity Line of Credit. The Company has entered into the Equity Line of Credit pursuant to which the counterparty thereto has agreed to purchase from the Company up to an aggregate of $75,000,000 of Company Ordinary Shares (subject to the terms and conditions thereof).

Equity Line of Credit. Subject to the terms and conditions hereof, the Investor agrees to maintain, for a period of two (2) years subsequent to the consummation of the Initial Draw (as defined below), an equity line of credit in the aggregate principal amount of Fifty Million Dollars ($50,000,000) (the "Line of Credit") pursuant to which funds will be available solely to the Company within ten (10) business days notice following the Company's request for such funds in accordance with the terms set forth in this Agreement.

Equity Line of Credit. On or before October 31, 2024, DDH Holdings will file a registration statement with the Securities and Exchange Commission to establish an “equity line of credit” offering with one or more institutional investors and will take all commercially reasonable efforts to cause such registration statement to be declared effective and to maintain its effectiveness and to comply with all applicable rules and regulations of the Securities and Exchange Commission and all applicable state securities “Blue Sky” laws. The net proceeds received by DDH Holdings from such offering will be applied by Borrowers, within one (1) Business Day after receipt, as a principal payment on the Notes in an amount that would cause, after giving effect to such payment, the ratio of the value of Eligible Accounts to the aggregate amount of all Revolving Credit Advances at such time outstanding to be not less than 1.0 to 1.0.

Equity Line of Credit. MM2 shall have secured, pursuant to financing documents executed in April, 2005, an equity line of credit facility for advances of not less than Ten Million Dollars ($10,000,000), in the aggregate.

Equity Line of Credit. Parent will have entered into a form of agreement, acceptable to Company, effective as of the Closing Date, which provides for an equity line of credit and as a commitment payment for the equity line of credit the Parent will have provided for the issuance of 5,000,000 shares of Common Stock, as restricted stock, which issuance will have been approved by all required corporate action by Parent.

Equity Line of Credit. Without limiting anything to the contrary contained herein, during the Interim Period, Purchaser shall seek, but is not required to, enter into and consummate subscription agreements with investors totaling in the range of $50,000,000 to $75,000,000 relating to a privacy equity investment in Purchaser to purchase shares of Purchaser in connection with a private placement on terms mutually agreeable to the Company and Purchaser acting reasonably (a “Equity Line of Credit”), and, if Purchaser consummates an Equity Line of Credit, Purchaser and the Company shall, and shall cause their respective Representatives to, cooperate with each other and their respective Representatives in connection with such Equity Line of Credit and use their respective commercially reasonable efforts to cause such Equity Line of Credit to occur (including having the Company’s senior management participate in any investor meetings and roadshows as reasonably requested by Purchaser).

Equity Line of Credit. Notwithstanding anything contained to the contrary in this Agreement or the other Transaction Documents, the Company shall be permitted to enter into an equity line of credit.

Equity Line of Credit. Each Borrower hereby covenants and agrees for itself, and on behalf of SPAC, that until the Secured Obligations are paid and satisfied in full, in cash, any and all net proceeds from the Equity Line of Credit shall be used solely to pay (i) any unpaid Transaction Expenses (other than Sponsor Transaction Fees) and then (ii) the Secured Obligations until all Secured Obligations have been paid in full, in cash.

Equity Line of Credit. Evidence that the Equity Line of Credit for USD 20,000,000 has been entered into by all parties thereto and all conditions for its effectiveness have been met.

Equity Line of Credit. For one (1) year following the Closing Date, Investor will have the exclusive right, on customary market terms, to enter into an equity line of credit or other similar financing arrangement with Company for at least $20,000,000.00.