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. 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. 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. 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. The Company shall enter into an Equity Line of Credit agreement with the Buyer on or prior to January 31, 2024. If an Equity Line of Credit has not been entered into with the Buyer by January 31, 2024, the Company shall pay to Buyer a fee equal to seventy-five thousand dollars ($75,000), payable at the Company’s option in either (i) Common Stock or (ii) 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. 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. Additionally, EFUND agrees to enter into an equity line of credit for a minimum amount of $2 million, to be entered into upon consummation of the public listing referred to above, the terms of which will be negotiated by the parties under separate agreements.
Equity Line of Credit. An Affiliate of Parent shall facilitate a $25,000,000 equity line of credit for the Parent in connection with the Closing. Such equity line shall be on standard market terms.
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.
