Common use of Subsequent Debt Clause in Contracts

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall without the prior written consent of Purchasers Investor incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness. Notwithstanding anything to the contrary contained in this Section 4.18, the Company may be permitted to incur Indebtedness in connection with the Carveout Financing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Allied Esports Entertainment, Inc.)

Subsequent Debt. Subject to Section 4.12, for so long as any Notes remain outstanding neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness.

Appears in 1 contract

Samples: Securities Purchase Agreement (Isun, Inc.)

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall without the prior written consent of Purchasers Purchasers, which consent will not be unreasonably withheld, incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness, provided, that with respect to any Subsidiary that is not wholly-owned or majority-owned by the Company, such consent will not be required.

Appears in 1 contract

Samples: Securities Purchase Agreement (Meihua International Medical Technologies Co., Ltd.)

AutoNDA by SimpleDocs

Subsequent Debt. Subject to Section 4.12, for so long as any Notes remain outstanding neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness, other than the Bank Mortgage.

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Ally, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.