Common use of Future Borrowing Clause in Contracts

Future Borrowing. The Company shall not borrow any funds after the completion of the transaction to which this Note relates without the consent of the Holder.

Appears in 12 contracts

Sources: Convertible Note (Odyssey Semiconductor Technologies, Inc.), Note Agreement (Odyssey Semiconductor Technologies, Inc.), Convertible Note (Odyssey Semiconductor Technologies, Inc.)

Future Borrowing. The Company shall not borrow any funds after the completion of the transaction to which this Note relates without the consent of the Holdermajority of Note Holders.

Appears in 3 contracts

Sources: Convertible Note (Odyssey Semiconductor Technologies, Inc.), Convertible Note (Odyssey Semiconductor Technologies, Inc.), Convertible Note (Odyssey Semiconductor Technologies, Inc.)