Common use of Subsequent Debt Clause in Contracts

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Allarity Therapeutics, Inc.), Securities Purchase Agreement (Ensysce Biosciences, Inc.), Securities Purchase Agreement (Ensysce Biosciences, Inc.)

Subsequent Debt. Subject to Section 4.12, for so long as any Notes remain outstanding neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness.

Appears in 1 contract

Sources: Securities Purchase Agreement (Isun, Inc.)

Subsequent Debt. Subject to Section 4.12, for so long as any Notes remain outstanding neither the Company nor any Subsidiary shall without the prior written consent of Purchasers incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness, other than the Bank Mortgage.

Appears in 1 contract

Sources: Securities Purchase Agreement (Digital Ally, Inc.)

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall shall, without the prior written consent of Purchasers the Majority Holders, incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness.

Appears in 1 contract

Sources: Securities Purchase Agreement (NRX Pharmaceuticals, Inc.)

Subsequent Debt. Subject to Section 4.12, neither the Company nor any Subsidiary shall without the prior written consent of Purchasers Investor incur any Indebtedness or enter into any agreement to incur or announce to incur any Indebtedness. Notwithstanding anything to the contrary contained in this Section 4.18, the Company may be permitted to incur Indebtedness in connection with the Carveout Financing.

Appears in 1 contract

Sources: Securities Purchase Agreement (Allied Esports Entertainment, Inc.)