EQUITY LINES Sample Clauses
EQUITY LINES. So long as this Agreement remains in effect, the Company covenants and agrees that it will not, without the prior written consent of the Investor, enter into an equity line of credit agreement. For the avoidance of doubt, nothing contained in the Transaction Documents shall restrict, or require the Investor’s consent for, any agreement providing for the issuance or distribution of any equity securities of the Company pursuant to any agreement or arrangement that is not covered in this Section 6.2.
EQUITY LINES. The Company covenants and agrees that it will not, without the prior written consent of the Purchaser, enter into any “equity line” financing agreement with any other party or have any Variable Security Holders, excluding the Purchaser, without the Purchaser’s prior written consent, which consent may be granted or withheld in the Purchaser’s sole and absolute discretion; provided that such arrangements evidenced by written agreements that exist as of the Execution Date shall not be subject to the provisions of this Section 5.1.