Senior Obligation. As an inducement for the Investor to enter into this Agreement and to purchase the Note, all obligations of the Company pursuant to this Agreement and the Note shall be secured by a first priority security interest in and lien upon all assets of the Company pursuant to the terms of the Security Agreement.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ainos, Inc.), Securities Purchase Agreement (PaxMedica, Inc.)
Senior Obligation. As an inducement for the Investor Investors to enter into this Agreement and to purchase the NoteUnits, all obligations of the Company pursuant to this Agreement and the Note Securities shall be secured by a first priority security interest in and lien upon all assets of the Company pursuant to and the terms of the Security AgreementSubsidiaries.
Appears in 2 contracts
Samples: Unit Purchase Agreement (Marizyme Inc), Unit Purchase Agreement (Marizyme Inc)
Senior Obligation. As an inducement for the Investor to enter into this Agreement and to purchase the Note, all obligations of the Company pursuant to this Agreement and the Note shall be secured by a first priority security interest in and lien upon substantially all of the assets of the Company pursuant to the terms of Company, other than as described in the Security Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Seelos Therapeutics, Inc.)
Senior Obligation. As an inducement for the Investor Investors to enter into this Agreement and to purchase the NoteNotes and accompanying Warrants, all obligations of the Company pursuant to this Agreement and the Note Securities shall be secured by a first priority security interest in and lien upon all assets of the Company pursuant and the Subsidiaries, except that such priority security interest shall be junior to the terms security interest of the Security Agreementexisting bank loans as set forth in Schedule 3.12.
Appears in 1 contract
Senior Obligation. As an inducement for the each Major Investor to enter into this Agreement and to purchase the NoteNotes being purchased by Major Investors, all obligations of the Company pursuant to this Agreement and the Note Notes being purchased by Major Investors shall be secured by a first priority security interest in and lien upon substantially all of the assets of the Company pursuant to the terms of Company, other than as described in the Security Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Seelos Therapeutics, Inc.)
Senior Obligation. As an inducement for the Investor to enter into this Agreement and to purchase the Note, all obligations of the Company pursuant to this Agreement and the Note shall be secured by a first priority security interest in and lien upon all assets of the Company pursuant to the terms of the Security AgreementAgreement and the other Security Documents.
Appears in 1 contract
Samples: Securities Purchase Agreement (Golden Matrix Group, Inc.)
