Common use of Restricted Actions Clause in Contracts

Restricted Actions. Without the prior written consent of the Purchaser, and for so long as any of the Preferred Shares remain outstanding, the Company shall not, and shall not permit any Subsidiary to:

Appears in 3 contracts

Samples: Securities Purchase Agreement (E Automate Corp/De), Securities Purchase Agreement (First Scientific Inc), Securities Purchase Agreement (E Automate Corp/De)

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Restricted Actions. Without the prior written consent of the Purchaser, and for so long as any holders of two-thirds of the then outstanding Preferred Shares remain outstanding, the Company shall not, and shall not permit any Subsidiary to:

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Canaan Equity L P), Preferred Stock Purchase Agreement (Lechters Inc), Preferred Stock Purchase Agreement (Alarmguard Holdings Inc)

Restricted Actions. Without the prior written consent of the Purchaser, and for so long as any of the Preferred Shares Debentures remain outstanding, the Company shall not, and shall not permit any Subsidiary to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Flexpoint Sensor Systems Inc), Securities Purchase Agreement (Covol Technologies Inc)

Restricted Actions. Without the prior written consent of the Purchaser, and for so long as any holders of a majority of the then outstanding Preferred Shares remain outstandingShares, the Company shall not, and shall not permit any Subsidiary to:

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Transact Technologies Inc)

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Restricted Actions. Without the prior written consent of the Purchaser, and for so long as any of the Preferred Shares remain Debenture remains outstanding, the Company shall not, and shall not permit any Subsidiary to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Covol Technologies Inc)

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