Participation in Future Financings. From the date hereof until the twelve (12) month anniversary of the effective date of the Agreement, upon any issuance by the Company or any of its subsidiaries of any security for cash consideration (a “Subsequent Financing”), the Purchaser shall have the right to participate in the Subsequent Financing in a matching amount up to 100% of the Subsequent Financing on the same terms, conditions and price as provided for in the Subsequent Financing.
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Samples: Securities Purchase Agreement (Lithium Exploration Group, Inc.), Securities Purchase Agreement (Lithium Exploration Group, Inc.), Representations and Warranties Agreement (Seven Arts Entertainment Inc.)
Participation in Future Financings. (a) From the date hereof until the twelve (12) month anniversary of date that is 36 months after the effective date of the AgreementClosing, upon any issuance by the Company or any of its subsidiaries of any security equity or equity-linked securities for cash consideration in a financing transaction (a “"Subsequent Financing”"), the Purchaser shall have the right to participate in up to an amount of the Subsequent Financing in a matching amount up equal to 100% of the Subsequent Financing (the "Participation Maximum") on the same terms, conditions and price as provided for in the Subsequent Financing.
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