Common use of Restrictions on Future Financings Clause in Contracts

Restrictions on Future Financings. The Company represents that, unless it obtains the written approval of all of the Investors (which approval shall not be unreasonably withheld), the Company will not enter into any other equity financing agreement, or other financing arrangement, that would: (a) cause the Common Stock issued in such financing to be salable and freely tradeable before forty-five days from the Effective Date, or (b) affect the timeliness of the Registration Statement being declared effective.

Restrictions on Future Financings. The Company represents that, unless it obtains the written approval of all of the Investors (which approval shall will not be unreasonably withheld), the Company will not enter into any other equity financing agreement, or other financing arrangement, that would: (a) cause the Common Stock issued in such financing to be salable and freely tradeable before forty-five (45) days from the Effective DateDate of the last tranche funded or closed, or (b) affect the timeliness of the Registration Statement being declared effective.

Restrictions on Future Financings. The Company represents that, unless it obtains the written approval of all of the Investors (which approval shall not be unreasonably withheld), the Company will not enter into any other equity financing agreement, or other financing arrangement, that would: (a) cause the Common Stock issued in such financing to be salable and freely tradeable before forty-five (45) days from the Effective Closing Date, or (b) affect the timeliness of the Registration Statement being declared effective.