Common use of Capital Raising Limitations Clause in Contracts

Capital Raising Limitations. During the period from the date of this Agreement until the date that is sixty (60) days after the Termination Date, the Company shall not issue or sell, or agree to issue or sell Equity Securities (as defined below), for cash in private capital raising transactions without obtaining the prior written approval of the Investor of the Offering (the limitations referred to in this subsection 6.5.1 are collectively referred to as the "Capital Raising Limitations"). For purposes hereof, the following shall be collectively referred to herein as, the "Equity Securities": (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering. Notwithstanding the above, the Company may issue or sell Equity Securities without the Investor's written approval (subject to the Right of First Refusal described below)("Unauthorized Equity Securities"), provided that the Company may not deliver an Advance Put Notice or a Put Notice if, on the date of such proposed Advance Put Notice or Put Notice, the dollar amount of Unauthorized Equity Securities outstanding exceeds the following amount:

Capital Raising Limitations. During the period from the date of this Agreement until the date that is sixty (60) days after the Termination Date, the Company shall not issue or sell, or agree to issue or sell Equity Securities (as defined below), for cash in private capital raising transactions without obtaining the prior written approval consent of the Investor of the Offering (the limitations referred to in this subsection 6.5.1 6.4.1 are collectively referred to as the "“Capital Raising Limitations"”), which consent shall not be unreasonably withheld. For purposes hereof, the following shall be collectively referred to herein as, the "“Equity Securities"”: (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering. Notwithstanding the above, the Company may issue or sell Equity Securities without the Investor's ’s written approval (subject to the Right of First Refusal Offer described below)("Unauthorized below)(“Unauthorized Equity Securities"”), upon thirty (30) days advance written notice to Investor, provided that the Company may not deliver an Advance Put Notice or a Put Notice if, on the date of such proposed Advance Put Notice or Put Notice, the dollar amount of Unauthorized Equity Securities outstanding exceeds the following amountthat:

Capital Raising Limitations. During the period from the date of this Agreement until the date that is sixty (60) days after the Termination Date, the Company shall not issue or sell, or agree to issue or sell Equity Securities (as defined below), for cash in private capital raising transactions without obtaining the prior written approval consent of the Investor of the Offering (the limitations referred to in this subsection 6.5.1 6.4.1 are collectively referred to as the "Capital Raising Limitations"), which consent shall not be unreasonably withheld. For purposes hereof, the following shall be collectively referred to herein as, the "Equity Securities": (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering. Notwithstanding the above, the Company may issue or sell Equity Securities without the Investor's written approval (subject to the Right of First Refusal Offer described below)("Unauthorized Equity Securities"), upon ten (10) days advance written notice to Investor, provided that the Company may not deliver an Advance Put Notice or a Put Notice if, on the date of such proposed Advance Put Notice or Put Notice, the dollar amount of Unauthorized Equity Securities outstanding exceeds the following amountthat:

Capital Raising Limitations. During the period from the date of this Agreement until the date that is sixty (60) days after the Termination Date, the Company shall not issue or sell, or agree to issue or sell Equity Securities (as defined below), for cash in private capital raising transactions without obtaining the prior written approval consent of the Investor of the Offering (the limitations referred to in this subsection 6.5.1 are collectively referred to as the "“Capital Raising Limitations"”), which consent shall not be unreasonably withheld. For purposes hereof, the following shall be collectively referred to herein as, the "“Equity Securities"”: (i) Common Stock or any other equity securities, (ii) any debt or equity securities which are convertible into, exercisable or exchangeable for, or carry the right to receive additional shares of Common Stock or other equity securities, or (iii) any securities of the Company pursuant to an equity line structure or format similar in nature to this Offering. Notwithstanding the above, the Company may issue or sell Equity Securities without the Investor's ’s written approval (subject to the Right of First Refusal Offer described below)("Unauthorized below)(“Unauthorized Equity Securities"”), upon thirty (30) days advance written notice to Investor, provided that the Company may not deliver an Advance Put Notice or a Put Notice if, on the date of such proposed Advance Put Notice or Put Notice, the dollar amount of Unauthorized Equity Securities outstanding exceeds the following amountthat: