Loans to Subsidiaries. After the date hereof, the Company shall not, directly or indirectly, lend to or invest in, any Subsidiary of the Company without causing such Subsidiary (i) to execute a guaranty in the amount of such funds received from the Company guaranteeing the principal and interest of the Notes with the Collateral Agent for the ratable benefit of the holders of the Company Notes and (ii) to grant to the Collateral Agent, for the ratable benefit of the holders of the Company Notes, a security interest in the amount of such funds received from the Company in all of such Subsidiary’s tangible and intangible assets.” (k) Section 9(e) of each of the Securities Purchase Agreements is hereby amended and restated, in its entirety, as follows:
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Sources: Omnibus Amendment Agreement (Applied Dna Sciences Inc), Omnibus Amendment Agreement