Common use of Participation in Future Financing Clause in Contracts

Participation in Future Financing. (a) From the date hereof until the 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Rocketfuel Blockchain, Inc.), Securities Purchase Agreement (Rocketfuel Blockchain, Inc.), Securities Purchase Agreement (Rocketfuel Blockchain, Inc.)

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Participation in Future Financing. (a) From the date hereof until the 12-month 2nd anniversary of the Closing Execution Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof thereof, other than pursuant to the terms of this Agreement (a “Subsequent Financing”), the Purchasers each Purchaser shall have the right to participate in in, on a pro rata basis, up to an aggregate amount of the Subsequent Financing equal to 50100% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Opgen Inc), Securities Purchase Agreement (Opgen Inc)

Participation in Future Financing. (a) From the date hereof until the 1224-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock ADSs, Class A Shares or Common Stock Ordinary Share Equivalents for cash consideration, indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BIT Mining LTD), Securities Purchase Agreement (BIT Mining LTD)

Participation in Future Financing. (a) From the date hereof until the 12-date that is the nine (9) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers each Purchaser with a Subscription Amount of $500,000 or more (“Eligible Purchaser”) shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of four (4) times the Subsequent Financing Eligible Purchaser’s Subscription Amount hereunder (the “Participation MaximumRight ), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions conditions, time parameters and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oblong, Inc.), Securities Purchase Agreement (Oblong, Inc.)

Participation in Future Financing. (a) From the date hereof until the twelve (12-) month anniversary of the Closing Datedate hereof, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness (or a combination of units thereof thereof) (a “Subsequent Financing”), the Purchasers Holder shall have the right to participate in the Subsequent Financing up to an aggregate amount of the Subsequent Financing equal to 5025% of the Subsequent Financing Financing, reflecting the aggregate percentage of the Holder and all Other Holders under Other Warrant Exercise Agreements (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Waiver and Warrant Exercise Agreement (TD Holdings, Inc.)

Participation in Future Financing. (ai) From the date hereof until the 1218-month anniversary of the Final Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers Buyers shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each PurchaserBuyer’s Preferred Shares Subscription Amount, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Enveric Biosciences, Inc.)

Participation in Future Financing. (a) From the date hereof until the date that is the 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock Shares or Common Stock Share Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 5020% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vision Marine Technologies Inc.)

Participation in Future Financing. (a) From the date hereof until the 12-month twelve (12)-month anniversary of the Closing Datedate on which the Notes or Warrants are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock Ordinary Shares or Common Stock Ordinary Share Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers altogether shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Meihua International Medical Technologies Co., Ltd.)

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Participation in Future Financing. (a) From the date hereof until the 12-date that is the eighteen (18) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock Ordinary Shares or Common Stock Ordinary Share Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof hereof (a “Subsequent Financing”), the Purchasers each Purchaser shall have the right to participate in up to an aggregate aggregated amount of the Subsequent Financing for all Purchasers that is equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (SGOCO Group, Ltd.)

Participation in Future Financing. (a) From the date hereof until the 12-month anniversary of date on which the Closing DateDebentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Stock, Common Stock Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof hereof (a “Subsequent Financing”), the Purchasers each Purchaser shall have the right to participate in up to an aggregate amount equal to (i) 100% of the first $2,000,000 of subscription amount of the Subsequent Financing equal to 50and (ii) 25% of any amount above such first $2,000,000 of subscription amount of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, ) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Choice Healthcare Solutions, Inc.)

Participation in Future Financing. (a) From the date hereof until the 129-month anniversary of the Closing Datedate of this Agreement, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock or Common Stock Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof for capital raising purposes other than an at-the-market offering (a “Subsequent Financing”), the Purchasers each Purchaser shall have the right to participate in a percentage of such Subsequent Financing that is up to an aggregate amount the percentage of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each such Purchaser’s participation in the aggregate Subscription Amount, Amount on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (bioAffinity Technologies, Inc.)

Participation in Future Financing. (a) From the date hereof until the date that is the twelve (12-) month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock ADSs, Ordinary Shares or Common Stock Ordinary Share Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers each Purchaser shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to an aggregate of fifty percent (50% %) of the Subsequent Financing (the “Participation Maximum”), allocated pro rata to each Purchaser’s Subscription Amountamong the Purchasers, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Genetic Technologies LTD)

Participation in Future Financing. (a) From the date hereof until the date that is the 12-month anniversary of the Closing Date, upon any issuance by the Company or any of its Subsidiaries of shares of Common Stock Ordinary Shares or Common Stock Ordinary Share Equivalents for cash consideration, indebtedness Indebtedness or a combination of units thereof (a “Subsequent Financing”), the Purchasers shall have the right to participate in up to an aggregate amount of the Subsequent Financing equal to 50% of the Subsequent Financing (the “Participation Maximum”), pro rata to each Purchaser’s Subscription Amount, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Akari Therapeutics PLC)

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