Common use of Further Indebtedness Clause in Contracts

Further Indebtedness. Each Lender acknowledges that no provision of the Transaction Documents executed and delivered by the Company restricts, or shall be construed to restrict, in any way the ability of the Company to incur indebtedness or to issue share capital or other equity securities (or securities convertible into equity securities) of the Company or to grant liens on its property and assets.

Appears in 2 contracts

Samples: Loan Agreement (Bos Better Online Solutions LTD), Loan Agreement (Bos Better Online Solutions LTD)

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Further Indebtedness. Each The Lender acknowledges that no provision of the Transaction Documents executed and delivered by the Company restricts, or shall be construed to restrict, in any way the ability of the Company to incur indebtedness or to issue share capital or other equity securities (or securities convertible into equity securities) of the Company or to grant liens on its property and assets.

Appears in 1 contract

Samples: Loan Agreement (Bos Better Online Solutions LTD)

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Further Indebtedness. Each Such Lender acknowledges acknowledge that no provision of the this Agreement or of any other Transaction Documents Document executed and delivered by the Company in connection with this Agreement restricts, or shall be construed to restrict, in any way the ability of the Company to incur indebtedness or to issue share capital or other equity securities (or securities convertible into equity securities) of the Company or to grant liens on its property and assets.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (On Track Innovations LTD)

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