Common use of Other Agreements and Other Financings Clause in Contracts

Other Agreements and Other Financings. (a) The Company shall not enter into any agreement in which the terms of such agreement would restrict or impair the right to perform of the Company or any Subsidiary under this Agreement or the Articles. (b) The Company shall not enter into any agreement, the principal purpose of which is to secure an Other Financing (as defined below) during the Investment Period. “Other Financing” shall mean an “equity line” that is substantially similar to the financing provided for under this Agreement.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (VRDT Corp), Common Stock Purchase Agreement (Cyclone Power Technologies Inc), Common Stock Purchase Agreement (Max Sound Corp)

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Other Agreements and Other Financings. (a) The Company shall not enter into any agreement in which the terms of such agreement would restrict or impair the right to perform of the Company or any Subsidiary under this Agreement or the Articlesany other Transaction Document. (ba) The Company shall not enter into any agreement, the principal purpose of which is to secure an Other Financing (as defined below) during the Investment Period). “Other Financing” shall mean an “equity line” that is substantially similar to the financing provided for under this Agreement.

Appears in 3 contracts

Samples: Share Purchase Agreement (Surf Air Mobility Inc.), Share Purchase Agreement (Surf Air Mobility Inc.), Share Purchase Agreement (Surf Air Mobility Inc.)

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