Restricted Issuances. The Company shall not, directly or indirectly, without the prior written consent of the Holder (i) issue any Debentures (other than as contemplated by the Debenture Purchase Agreement and the Debentures (as defined in the Debenture Purchase Agreement)) or (ii) issue any other securities that would cause a breach or default under this Debenture or any of the other Transaction Documents.
Appears in 4 contracts
Samples: Subordinated Convertible Debenture (Remark Holdings, Inc.), Subordinated Convertible Debenture (Remark Holdings, Inc.), Remark Holdings, Inc.
Restricted Issuances. The Company shall not, directly or indirectly, without the prior written consent of the Holder holders of a majority in aggregate principal amount of the Debentures then outstanding, (i) issue any Debentures (other than as contemplated by the Debenture Purchase Agreement and the Debentures (as defined in the Debenture Purchase Agreement)Debentures) or (ii) issue any other securities that would cause a breach or default under this Debenture or any of the other Transaction DocumentsDebentures.
Appears in 1 contract
Restricted Issuances. The Company shall not, directly or indirectly, without the prior written consent of the Holder holders of a majority in aggregate principal amount of the Debentures then outstanding, (i) issue any Debentures (other than as contemplated by the Debenture Purchase Agreement and the Debentures (as defined in the Debenture Purchase Agreement)Debentures) or (ii) issue any other securities that would cause a breach or default under this Debenture the Debentures or any of the other Transaction DocumentsWarrants.
Appears in 1 contract
Samples: Securities Purchase Agreement (Baxano Surgical, Inc.)
