Common use of Sufficient Collateral Clause in Contracts

Sufficient Collateral. As of the Closing Date the bank account described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B Purchase Price of Eligible Assets as of the Closing Date.

Appears in 7 contracts

Samples: Note Purchase Agreement (Cure Pharmaceutical Holding Corp.), Note Purchase Agreement (Toughbuilt Industries, Inc), Note Purchase Agreement (China SXT Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Sufficient Collateral. As of the Closing Date the bank account described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B B-1 Purchase Price of Eligible Assets as of the Closing Date.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Helios & Matheson Analytics Inc.)

Sufficient Collateral. As of the Closing Date the bank account with the financial institution described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B Purchase Price of Eligible Assets as of the Closing Date.

Appears in 2 contracts

Samples: Note Purchase Agreement (Real Goods Solar, Inc.), Note Purchase Agreement (Real Goods Solar, Inc.)

Sufficient Collateral. As of the Closing Date the bank account described on Schedule I to the Investor Note, which contains the Collateral that secures the Investor Note in accordance therewith, contains at least the Series B Purchase Price of Eligible Assets as of the Closing Date, and the Eligible Assets have not been pledged to secure any other obligation of the Investor or any other Person.

Appears in 1 contract

Samples: Note Purchase Agreement (PAVmed Inc.)

AutoNDA by SimpleDocs

Sufficient Collateral. As of the Closing Date the bank account and/or brokerage account(s) described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B Note Purchase Price of Eligible Assets as of the Closing Date.

Appears in 1 contract

Samples: Note Purchase Agreement (Genius Brands International, Inc.)

Sufficient Collateral. As of the Closing Date the bank account described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B Note Purchase Price of Eligible Assets as of the Closing Date.

Appears in 1 contract

Samples: Note Purchase Agreement (Helios & Matheson Analytics Inc.)

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