Common use of Limitation on Future Financing Clause in Contracts

Limitation on Future Financing. The Company agrees that it will not enter into any other equity line of credit arrangement until the earlier of (i) 24 months from the Effective Date, or (ii) sixty (60) days after the entire Commitment Amount has been purchased by the Purchaser.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Medizone International Inc), Common Stock Purchase Agreement (Cel Sci Corp), Common Stock Purchase Agreement (Cel Sci Corp)

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Limitation on Future Financing. The Company agrees that it will not enter into any other equity line type of credit arrangement financing until the earlier of (i) 24 twenty-four (24) months from the Effective Date, or (ii) sixty (60) days after the entire Commitment Amount has been purchased by the Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Lendingtree Inc)

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