Common use of Additional Securities Issuances Clause in Contracts

Additional Securities Issuances. So long as any of the Notes remain outstanding, without the prior written consent of the Purchaser, the Company shall not issue any indebtedness for money borrowed that has a variable conversion rate.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Edible Garden AG Inc), Securities Purchase Agreement (Traqiq, Inc.)

Additional Securities Issuances. So long as any of the Notes remain outstanding, without the prior written consent of the PurchaserPurchasers, the Company shall not issue any indebtedness for money borrowed that has a variable conversion raterate or enter into any transaction for merchant cash advances.

Appears in 1 contract

Sources: Securities Purchase Agreement (Corphousing Group Inc.)

Additional Securities Issuances. So long as any of the Notes or Preferred Shares remain outstanding, without the prior written consent of the PurchaserPurchasers, the Company shall not issue any indebtedness for money borrowed that has a variable conversion raterate or enter into any transaction for merchant cash advances.

Appears in 1 contract

Sources: Securities Purchase Agreement (Corphousing Group Inc.)

Additional Securities Issuances. So long as any of the Notes Shares remain outstanding, without the prior written consent of the Purchaser, the Company shall not issue any indebtedness for money borrowed that has a variable conversion rate.

Appears in 1 contract

Sources: Securities Purchase Agreement (Surna Inc.)

Additional Securities Issuances. So long as any of the Notes remain outstanding, without the prior written consent of the Purchaser, the Company shall not issue any indebtedness for money borrowed that has a variable conversion raterate or enter into any transaction for merchant cash advances.

Appears in 1 contract

Sources: Securities Purchase Agreement (Corphousing Group Inc.)

Additional Securities Issuances. So long as any of the Notes remain outstanding, without the prior written consent of the PurchaserLenders, the Company shall not issue any indebtedness for money borrowed that has a variable conversion raterate or enter into any transaction for merchant cash advances.

Appears in 1 contract

Sources: Loan Agreement (Luxurban Hotels Inc.)