Common use of Further Financing Clause in Contracts

Further Financing. 4.1 Except as otherwise provided in this Agreement, none of the Shareholders undertakes to provide any loan or Share capital to the Company or to give any guarantee or indemnity in respect of any of the Company's liabilities or obligations. 4.2 If, at any time prior to a public offering of any Shares, the Company wishes to raise further funds, the Company must first offer the right to provide to the Company all of the further funds to the Preferred Shareholders in proportion to their respective holdings of Series A Preferred Shares. If any Preferred Shareholder does not wish to provide all or part of its proportion of the further funds, the other Preferred Shareholders shall have the right to provide those further funds in proportion to their respective holdings of Series A Preferred Shares.