Common use of Participation in Future Financing Clause in Contracts

Participation in Future Financing. (a) From the date hereof and continuing for as long as the Debentures are outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Beyond Commerce), Securities Purchase Agreement (Beyond Commerce), Securities Purchase Agreement (Omnireliant Holdings, Inc.)

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Participation in Future Financing. (a) From the date hereof and continuing for as long as the Debentures are outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal in an aggregate amount of up to 10051% of the Subsequent Financing aggregate amount raised thereunder (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 3 contracts

Samples: Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (Progressive Care Inc.), Securities Purchase Agreement (NextPlat Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures are outstandingPurchasers no longer hold any shares of Preferred Stock, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a "Subsequent Financing"), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the "Participation Maximum") on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Intergroup Corp), Securities Purchase Agreement (Portsmouth Square Inc), Securities Purchase Agreement (Santa Fe Financial Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures are outstandingPurchasers no longer hold any shares of the Preferred Stock, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Senesco Technologies Inc), Securities Purchase Agreement (Senesco Technologies Inc), Securities Purchase Agreement (Senesco Technologies Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures date that the Convertible Debenture or Warrants are outstanding, upon any issuance by the Company or any of its the Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (indebtedness or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures and Warrants are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oxis International Inc), Securities Purchase Agreement (Oxis International Inc)

Participation in Future Financing. (a) From During the date hereof and continuing for as long as the Debentures are outstandingCommitment Period, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) consideration (a "Subsequent Financing"), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the "Participation Maximum") on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Easy Energy Inc), Securities Purchase Agreement (Easy Energy Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are date that the Preferred Stock is no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Exchange Agreement (GeoPharma, Inc.), Securities Exchange Agreement (GeoPharma, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are outstandingExpiration Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof other than an Exempt Issuance (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal in an amount up to 100% its Pro Rata Share of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.. “

Appears in 2 contracts

Samples: Securities Purchase Agreement (Creek Road Miners, Inc.), Securities Purchase Agreement (Creek Road Miners, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures are outstandingPurchasers no longer hold any shares of Preferred Stock, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Comstock Mining Inc.), Securities Purchase Agreement (Comstock Mining Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (AgEagle Aerial Systems Inc.), Securities Purchase Agreement (UAS Drone Corp.)

Participation in Future Financing. (a) From the date hereof and continuing for as So long as the Debentures are outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

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

Participation in Future Financing. (a) From the date hereof and continuing for as long as the Debentures are outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal in an aggregate amount of up to 10051% of the Subsequent Financing aggregate amount raised thereunder (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Progressive Care Inc.), Securities Purchase Agreement (NextPlat Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Future Healthcare of America), Securities Purchase Agreement (ECO Building Products, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures Notes are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (NXT Nutritionals Holdings, Inc.), Securities Purchase Agreement (NXT Nutritionals Holdings, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (Indebtedness, or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ads in Motion, Inc.), Securities Purchase Agreement (Ads in Motion, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures date that no shares of Preferred Stock are outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Ascent Solar Technologies, Inc.), Securities Purchase Agreement (Ascent Solar Technologies, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that less than twenty percent (20%) in principal amount of the Debentures are is outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Truli Media Group, Inc.), Securities Purchase Agreement (Truli Media Group, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Unity Wireless Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance financing by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination the primary purpose of units hereofwhich is capital raising) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing).

Appears in 1 contract

Samples: Securities Purchase Agreement (Crdentia Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are outstandingdate a Purchaser no longer holds any Debentures, upon any issuance financing by the Company or any of its Subsidiaries of Common Stockdebt securities, Common Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the Purchaser Purchasers (or their affiliated designees) shall have the right to participate in such Subsequent Financing in an amount up to an the full amount of the Subsequent Financing equal to 100% of the such Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing).

Appears in 1 contract

Samples: Securities Purchase Agreement (DSL Net Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are date that the Preferred Stock is no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Westcott Products Corp)

Participation in Future Financing. (a) From the date hereof and continuing for until the Filing Date (as long as defined in the Debentures are outstandingRegistration Rights Agreement), upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Li3 Energy, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures date that that the Notes or Warrants are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser Purchasers altogether shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

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

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance financing by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing).

Appears in 1 contract

Samples: Securities Purchase Agreement (Tripath Technology Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures Notes are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (Indebtedness, or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ads in Motion, Inc.)

Participation in Future Financing. (a) From During the date hereof and continuing for as long as the Debentures are outstandingCommitment Period, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination consideration of units hereof) less than $5 million (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Security Purchase Agreement (Regi U S Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are date that is the Preferred Stock is no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Juhl Wind, Inc)

Participation in Future Financing. (a) From the date hereof up to and continuing for as long as the Debentures are outstandingincluding December 31, 2011, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in in, on a pro-rata basis, up to an amount of the Subsequent Financing equal to 10075% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Lorain CORP)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Chanticleer Holdings, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as As long as the Debentures are outstanding, upon any issuance financing by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing).

Appears in 1 contract

Samples: Securities Purchase Agreement (Viral Genetics Inc /De/)

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Participation in Future Financing. (a) From the date hereof and continuing for until such time as long as no Purchaser holds any of the Debentures are outstandingDebentures, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10025% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Eyes on the Go, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Shares or Common Stock Share Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Subsidiary Guarantee (Baxano Surgical, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wave Uranium Holding)

Participation in Future Financing. (a) From Until the date hereof and continuing for as long as the Debentures are outstanding, upon any next issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% their Pro Rata Portion of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Medovex Corp.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the Purchaser Purchasers shall have the right right, in the aggregate to participate in up to an amount of the Subsequent Financing equal to the lesser of (i) 100% of the Subsequent Financing and (ii) $3,000,000 (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Paincare Holdings Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that is the date that the Debentures are not longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wizard World, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that no Debentures are remain outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hartville Group Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long until such time as the Debentures Notes are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (Indebtedness, or a combination of units hereof) thereof (a Subsequent FinancingFinancing ”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the Participation MaximumMaximum ”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ads in Motion, Inc.)

Participation in Future Financing. (a) From During the date hereof and continuing for as long as the Debentures are outstandingCommitment Period, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) consideration (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Home School, Inc.)

Participation in Future Financing. (a) From Other than the Senior Debt, from the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash considerationEquivalents, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Capital Growth Systems Inc /Fl/)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are date that no principal amount under the Notes remains outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents or debt for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser shall Purchasers shall, collectively, have the right to participate in up to an amount of the Subsequent Financing equal in an amount up to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (MassRoots, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as the Debentures are outstandingClosing Date until the Maturity Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (preferred stock or debt instruments other than those issued by a commercial bank or a combination of units hereof) hereof (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Reed's, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are outstandingend of the Commitment Period, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (other than in a transaction with a licensed commercial lender) (or a combination of units hereofthereof) (a “Subsequent Financing”), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal in an amount up to 10050% of the Subsequent Financing (the “Participation Maximum”) Financing, on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Akeena Solar, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that the Debentures are no longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash considerationEquivalents, Indebtedness (or a combination of units hereof) (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10030% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Security Agreement (Capital Growth Systems Inc /Fl/)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures date that the Convertible Debenture or Warrants are outstanding, upon any issuance by the Company or any of its the Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (indebtedness or a combination of units hereof) thereof (a “Subsequent Financing”), the Purchaser Purchasers shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Western Magnesium Corp.)

Participation in Future Financing. (a) From the date hereof and continuing for as long as the until such date when no Debentures are remain outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a "Subsequent Financing"), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the "Participation Maximum") on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Trinity Learning Corp)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are outstandingdate that the Purchasers no longer hold any Debentures, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) hereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (T3 Motion, Inc.)

Participation in Future Financing. (a) From the date hereof and continuing for as As long as the Debentures are outstandingPurchaser holds Warrants, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Common Ordinary Stock or Ordinary Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a "Subsequent Financing"), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% $5,000,000 of the Subsequent Financing (the "Participation Maximum") on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrated Media Technology LTD)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the Debentures are outstandingdate on which such Purchaser holds less than 25% in Principal Amount of the Debenture, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) (a "Subsequent Financing"), the each Purchaser shall have the right -------------------- to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the "Participation Maximum") on the same ---------------------- terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (UC Hub Group Inc)

Participation in Future Financing. (a) From the date hereof and continuing for as long as until the date that is the date that the Debentures are not longer outstanding, upon any issuance by the Company or any of its Subsidiaries of Common Stock, Stock or Common Stock Equivalents for cash consideration, Indebtedness (or a combination of units hereof) thereof (a “Subsequent Financing”), the each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 10050% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

Appears in 1 contract

Samples: Securities Purchase and Amendment Agreement (Wizard Entertainment, Inc.)

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