Raising money Clause Samples
The 'Raising money' clause defines the terms and conditions under which a company can seek and obtain additional funding from investors or other sources. Typically, this clause outlines the procedures for issuing new shares, the rights of existing shareholders to participate in new funding rounds, and any restrictions or approvals required before raising capital. For example, it may specify whether current shareholders have pre-emptive rights to buy new shares or if board approval is necessary for new fundraising. The core function of this clause is to provide a clear framework for securing additional capital while protecting the interests of existing stakeholders and ensuring transparency in the fundraising process.
Raising money in the exercise of any of the rights conferred on him by this Debenture or for any other purpose to raise and borrow money either unsecured or secured and either in priority to, pari passu with or subsequent to this Security and generally on such terms as he may think fit;
Raising money in the exercise of any of the powers, authorities and discretions conferred on him by this Agreement or for any other purpose to raise and borrow money either unsecured or secured and either in priority to, pari passu with or subsequent to the Security and generally on such terms as he may think fit;
Raising money in the exercise of any of the rights conferred on the Receiver by this Deed or for any other purpose to raise and borrow money either unsecured or secured and either in priority to, pari passu with or subsequent to this Security and generally on such terms as he or she may think fit;