Common use of Subsequent Financing Clause in Contracts

Subsequent Financing. The Exercise Price per share may be adjusted, in Holder’s sole discretion, to equal 75% multiplied by the price per share in the next equity raise consummated by the Company.

Appears in 3 contracts

Sources: Security Agreement (MoneyOnMobile, Inc.), Security Agreement (Flitways Technology Inc.), Security Agreement (Flitways Technology Inc.)