Common use of No Variable Rate Transactions Clause in Contracts

No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Shares or any security which entitle the holder to acquire Common Stock (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction with the Investor or with the prior written consent of the Investor. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 2 contracts

Samples: Equity Purchase Agreement (SMX (Security Matters) Public LTD Co), Equity Purchase Agreement (Lionheart III Corp)

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No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Ordinary Shares or any security which entitle entitles the holder to acquire Common Stock Ordinary Shares (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction with the Investor or with the prior written consent of the Investor. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Advance Agreement (Mainz Biomed N.V.)

No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Shares or any security which entitle entitles the holder to acquire Common Stock Shares (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction with the Investor or with the prior written consent of the Investor. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Advance Agreement (Reborn Coffee, Inc.)

No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Shares or any security which entitle the holder to acquire Common Stock Share Equivalents (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction in connection with an Exempt Issuance or pursuant to an agreement disclosed in the Investor or with the prior written consent of the InvestorCommission Documents. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.. ​

Appears in 1 contract

Samples: Share Purchase Agreement (Vertical Aerospace Ltd.)

No Variable Rate Transactions. The During the term of this Agreement, the Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Ordinary Shares or any security which entitle the holder to acquire Common Stock Ordinary Shares Equivalents (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction in connection with the Investor or with the prior written consent of the Investoran Exempt Issuance. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Ordinary Shares Purchase Agreement (Pagaya Technologies Ltd.)

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No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Shares or any security which entitle the holder to acquire Common Stock Share Equivalents (or a combination of units thereof) involving a Variable Rate Transaction, other than involving a Variable Rate Transaction in connection with an Exempt Issuance or pursuant to an agreement disclosed in the Investor or with the prior written consent of the InvestorCommission Documents. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Share Purchase Agreement (Vertical Aerospace Ltd.)

No Variable Rate Transactions. The Company shall not effect or enter into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Shares or any security which entitle the holder to acquire Common Stock Share Equivalents (or a combination of units thereof) involving a Variable Rate Transaction, ​ other than involving a Variable Rate Transaction in connection with an Exempt Issuance or pursuant to an agreement disclosed in the Investor or with the prior written consent of the InvestorCommission Documents. The Investor shall be entitled to seek injunctive relief against the Company and its Subsidiaries to preclude any such issuance, which remedy shall be in addition to any right to collect damages, without the necessity of showing economic loss and without any bond or other security being required.

Appears in 1 contract

Samples: Share Purchase Agreement (Vertical Aerospace Ltd.)

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