Common use of Additional Debentures Clause in Contracts

Additional Debentures. So long as any Buyer beneficially owns any Debentures, neither Parent nor Company will issue any Debentures (other than to the Buyers as contemplated hereby) and the Parent shall not issue any other securities that would cause a breach or default under the Debentures.

Appears in 1 contract

Sources: Securities Purchase Agreement (Guardian 8 Holdings)

Additional Debentures. So long as any Buyer beneficially owns any Debentures, neither Parent nor Company will issue any Debentures (other than to the Buyers as contemplated herebyhereby and the Prior Debentures) and the Parent shall not issue any other securities that would cause a breach or default under the Debentures.

Appears in 1 contract

Sources: Securities Purchase Agreement (Guardian 8 Holdings)