Common use of Further financings Clause in Contracts

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

AutoNDA by SimpleDocs

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's ’s option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Black Leon D)

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, and the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's ’s option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Black Leon D)

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, the Convertible Debentures Warrants and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering as same relate to the Common Stock and Warrants exercisable at $0.90 per share shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, the Convertible Debentures Warrants and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering as same relate to the Common Stock and Warrants exercisable at $0.90 per share shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's ’s option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Fanch Robert C)

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable integral with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

AutoNDA by SimpleDocs

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, and the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

Further financings. If within six months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable integral with the offer and sale of the Securities) on terms and conditions more favorable favourable to another purchaser than this Subscription Agreement, the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable favourable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

Further financings. If within six twelve (12) months from the date of Closing, the Company enters into or closes another financing or other transaction (which for securities law purposes would be integrable with the offer and sale of the Securities) on terms and conditions more favorable to another purchaser than this Subscription Agreement, and the Convertible Debentures and the Registration Rights Agreement (in each case, such determination to be made by the Subscriber), then the terms and conditions of this Offering shall be adjusted to reflect the more favorable terms to such purchaser (including, at the Subscriber's option, the issuance of additional Securities or other securities of the Company). The foregoing shall apply to successive financings or successive other transactions within six twelve (12) months of the date of the Closing. 6.6.

Appears in 1 contract

Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.