Common use of Limitation of Agreements Clause in Contracts

Limitation of Agreements. The Company will not, and will not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or effecting the conversion of the Notes.

Appears in 6 contracts

Samples: Note Purchase Agreement (Q Med Inc), Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc)

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Limitation of Agreements. The Company will shall not, and will shall not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing ContractContract or the By-Laws or Certificate of Incorporation of the Company, which contractually prohibits the Company from paying interest on, or principal of, honoring and observing its obligations under the Notes or effecting the conversion of the NotesTransaction Documents.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)

Limitation of Agreements. The Company will not, and will not permit ------------------------ any Subsidiary subsidiary to, enter into any Contractcontract, or any amendment, modification, extension or supplement to any existing Contractcontract, which contractually prohibits the Company from paying interest on, or principal of, the Notes Note or effecting the conversion of the NotesNote or exercising of the Warrants.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

Limitation of Agreements. The Company will not, and will not permit any Subsidiary subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or effecting the conversion of the Notes.supplement

Appears in 1 contract

Samples: Securities Purchase Agreement (Vialink Co)

Limitation of Agreements. The Company will not, and will not ------------------------ permit any Subsidiary subsidiary to, enter into any Contractcontract, or any amendment, modification, extension or supplement to any existing Contractcontract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or effecting the conversion of the Notes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Online System Services Inc)

Limitation of Agreements. The Company will not, and will not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or effecting the conversion of the NotesNotes into Shares.

Appears in 1 contract

Samples: Loan Agreement (SDC International Inc \De\)

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Limitation of Agreements. The Company will not, and will not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes Note or effecting the conversion of the NotesNote.

Appears in 1 contract

Samples: Note Purchase Agreement (Petcare Television Network Inc)

Limitation of Agreements. The Company will not, and will not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or Note, effecting the conversion of the NotesNote or exercising the Warrant.

Appears in 1 contract

Samples: Loan Agreement (Siricomm Inc)

Limitation of Agreements. The Company will not, and will not permit any Subsidiary to, enter into any Contract, or any amendment, modification, extension or supplement to any existing Contract, which contractually prohibits the Company from paying interest on, or principal of, the Notes or effecting the conversion performing its obligations under any of the NotesInvestment Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (THCG Inc)

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