Further Funding Sample Clauses

Further Funding. 13.2.1 The Company shall not, and shall procure that its Subsidiaries will not, issue debt instruments to individuals or institutional investors or seek any debt financing to fund the activities of the Group. Notwithstanding the previous sentence, the Company and its Subsidiaries may, solely in the context of partnerships or (funded or unfunded) risk participations with third parties, enter into arrangements that result in financial obligations, including debts and payment obligations, of Subsidiaries of the Company. 13.2.2 If the Company, the Development Subsidiary, Investment Subsidiary or Regulations Subsidiary, requires, or wishes to obtain (further) financing, the Management Board may, subject to the approval of the Supervisory Board, without prejudice to Clause 13.1 (No obligation to provide financing), seek further financing from the Shareholders, in the form of Shares A, Shares B, other Shareholder funding, or a combination thereof.

Further Funding. The Secretary of State is under no obligation to provide the Authority with any further funding in respect of the Agreed heat network development stages, the Project or for any other purpose.

Further Funding. If you return to Full-Time Student Status after the Payment Trigger Date, and you apply for Financial Assistance, funding may be disbursed to you under the MSFAA- Canada or you may be required to enter into a new MSFAA.

Further Funding. 15.1 The Company undertakes not to seek, apply for or accept (whether by way of loan, grant or any other funding arrangement) without Wellcome’s prior written consent (such consent not to be unreasonably withheld) any other funding or support (whether in kind or otherwise) which is solely and specifically directed at the Project, whether commercial or non-commercial, for the duration of the Project, without first notifying Wellcome of such funding or support and providing Wellcome a reasonable opportunity (to be no more than thirty (30) days) to provide such funding or support to the Company itself. If such funding or support has not been provided by Wellcome by the expiry of such period, the Company shall be free to obtain such funding or support from elsewhere without restriction. The Company is not restricted from raising general funding for the operation of its business provided that such funds are not specifically earmarked for the Project. 15.2 If at any time the Company is seeking to obtain funding from Institutional Investors, the Company shall inform Wellcome in good time prior to entering into any term sheet and Wellcome will discuss with the Company the possibility of repayment of the Loan (and Accrued Interest if relevant) or conversion prior to completion of such investment. The Conversion Price shall not be subject to amendment in such circumstances.

Further Funding. The Secretary of State is under no obligation to provide the Authority with any further funding in respect of the Proposal or for any other purpose.

Further Funding. The Parties understand that further funding of the Company may become necessary through loans or additional capitalization and the Parties shall do all things reasonably necessary including the waiving of pre-emptive rights in accordance with Article 6.2

Further Funding. 19.1 Save as provided in Clause 17, the Company undertakes that it will not, without the prior written consent of the Trust (such consent not to be unreasonably withheld, delayed or conditioned), accept any further funding to complete the Phase II trial of SMT 19969 by way of loan, grant or other funding the conditions of which would materially prejudice the Trust’s position under this Agreement with respect to its share of Net Revenues or its rights to become the Exploiting Party set forth in Clause 16. For clarity the Company is not restricted from raising general working capital.

Further Funding. In addition to providing timely funding for the development of working prototypes and construction of power plants, Licensee agrees to provide appropriate funding for continued research and development, as well as patent and trademark filings, legal and accounting fees, and expenses related to the management and marketing of the technology.

Further Funding in case that the start-up should require further funding following or within the start-up Period, the start-up may apply for a further loan to be granted by hackFwd Capital upon which hackFwd Capital shall decide in its sole discretion.