Common use of Terms of Future Financings Clause in Contracts

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this Note and its supporting documentation.. The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 30 contracts

Samples: Investment Agreement, Convertible Note (Evio, Inc.), Note Agreement (Advantego Corp)

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Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this Note and its supporting documentation.. The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, terms addressing maturity, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 8 contracts

Samples: Convertible Note (Boomer Holdings, Inc.), Convertible Note (HealthLynked Corp), Convertible Note (Bioxytran, Inc)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 7 contracts

Samples: Convertible Note Agreement (CarbonMeta Technologies, Inc.), Convertible Note (Evio, Inc.), Convertible Note (Sylios Corp)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 5 contracts

Samples: Convertible Note Agreement (Humble Energy, Inc./Fl), Convertible Note (Humble Energy, Inc./Fl), Convertible Note (Humble Energy, Inc./Fl)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, terms addressing maturity, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 5 contracts

Samples: Convertible Note (CoroWare, Inc,), Note (Tauriga Sciences, Inc.), Convertible Note (Tauriga Sciences, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 4 contracts

Samples: Convertible Note Agreement (Helix TCS, Inc.), Convertible Note Agreement (Helix TCS, Inc.), Convertible Note Agreement (Helix TCS, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company Borrower or any of its subsidiaries Subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) Common Stock Equivalents with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company Borrower shall notify the Holder of such additional or more favorable term and such term, at Holder’s option and upon written notice to the Holder's optionBorrower, shall become a part of this Note and its supporting documentation.. the transaction documents with the Holder. The types of terms contained in the other another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, prepayment rate, conversion look back periods, interest rates, original issue discount percentages discounts, stock sale price, private placement price per share, and warrant coverage.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 3 contracts

Samples: Convertible Note Agreement (Hallmark Venture Group, Inc.), Convertible Note Agreement (Arax Holdings Corp), Convertible Note Agreement (Hallmark Venture Group, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 3 contracts

Samples: Convertible Note Agreement (Helix TCS, Inc.), Convertible Note Agreement (Helix TCS, Inc.), Convertible Note Agreement (Helix TCS, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company Borrower or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later dateupon any amendment to any existing security) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company Borrower shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this the Note and its supporting documentation.. adjusted downward for the benefit of the Holder. The types of terms contained in the other another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back lookback periods, interest rates, original issue discount percentages discounts, stock sale price, private placement price per share, and warrant coverage. All remedies herein are cumulative.

Appears in 2 contracts

Samples: Securities Agreement (Airborne Wireless Network), Security Agreement (POSITIVEID Corp)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance (other than an Exempt Issuance (as defined below)) by the Company Borrower or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder Lender in this Note, then the Company Borrower shall notify the Holder Lender of such additional or more favorable term and such term, at the Holder's Lender’s option, shall become a part of this Note and its supporting documentation.. the transaction documents with the Lender. The types of terms contained in the other another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages discounts, stock sale price, private placement price per share, and warrant coverage.

Appears in 1 contract

Samples: Promissory Note (Yappn Corp.)

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Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's option, shall become a part of this Note and its supporting documentation.. The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage. (e) Governing Law; Jurisdiction.

Appears in 1 contract

Samples: Convertible Note (eWELLNESS HEALTHCARE Corp)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but and are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 1 contract

Samples: Note Agreement (Progreen US, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 1 contract

Samples: Convertible Note Agreement (Hallmark Venture Group, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, . then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, . conversion look back periods, . interest rates, original issue discount percentages and warrant coverage.

Appears in 1 contract

Samples: Convertible Note (CarbonMeta Technologies, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company or any of its subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) with any material term more favorable to the holder of such security or with a material term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company shall notify the Holder of such additional or more favorable term and such term, at the Holder's ’s option, shall become a part of this Note and its supporting documentation.. . The types of material terms contained in the other security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, conversion look back periods, interest rates, original issue discount percentages and warrant coverage.

Appears in 1 contract

Samples: Note (Progreen US, Inc.)

Terms of Future Financings. So long as this Note is outstanding, upon any issuance by the Company Borrower or any of its subsidiaries Subsidiaries of any convertible debt security (whether such debt begins with a convertible feature or such feature is added at a later date) Common Stock Equivalents with any term more favorable to the holder of such security or with a term in favor of the holder of such security that was not similarly provided to the Holder in this Note, then the Company Borrower shall notify the Holder of such additional or more favorable term and such term, at Holder’s option and upon written notice to the Holder's optionBorrower, shall become a part of this Note and its supporting documentation.. the transaction documents with the Holder. The types of terms contained in the other another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion discounts, prepayment rate, conversion look back periods, interest rates, original issue discount percentages discounts, stock sale price, private placement price per share, and warrant coverage.. ​ ​

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Brands Group, Inc.)

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