Additional Debt. Without the prior written consent of the Requisite Noteholders, the Company will not incur additional indebtedness other than (i) a line of credit provided by Galt Power in a principal amount not to exceed $750,000 or (ii) additional indebtedness in aggregate principal amount not to exceed $50,000.
Appears in 7 contracts
Sources: Convertible Note Purchase Agreement, Convertible Note Purchase Agreement, Convertible Note Purchase Agreement