Additional Debentures. The Company may, without the consent of, or notice to, the Holders and notwithstanding Section 2.01, issue up to $3,500,000 aggregate principal amount of Debentures required to be issued by the Company pursuant to the Subscription Agreements in the event a Liquidity Event is not consummated on or prior to June 6, 2020. The Additional Debentures shall have the same terms as the Initial Debentures (other than differences in the issue date, the issue price, interest accrued prior to the issue date of such Additional Debentures, the first Interest Payment Date with respect thereto and, if applicable, restrictions on transfer in respect of such additional Debentures). The Initial Debentures and the Additional Debentures would rank equally and ratably and would be treated as a single series of debt securities for all purposes under this Indenture. Prior to the issuance of any such Additional Debentures, the Company shall deliver to the Trustee a Company Order, an Officer’s Certificate and an Opinion of Counsel, such Officer’s Certificate and Opinion of Counsel to cover such matters, in addition to those required by Section 15.05, as the Trustee may reasonably request.
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