Existence of Liens. So long as any SPA Warrants are outstanding, the Company shall not, and the Company shall not permit any of its subsidiaries to, directly or indirectly, allow or suffer to exist any Lien (as defined in the Purchase Agreement) other than Permitted Liens (as defined in the Purchase Agreement).
Appears in 4 contracts
Samples: Security Agreement (Palatin Technologies Inc), Securities Agreement (Palatin Technologies Inc), Securities Agreement (Palatin Technologies Inc)