Subsequent Financing. If the Settlement occurs, the Company agrees to use its commercially reasonable efforts to raise at least $5.0 million of additional capital through the sale of equity or equity linked securities as soon as practicable following the Settlement Date and in any event on or before December 31, 2016.
Appears in 2 contracts
Sources: Exchange of Notes for Common Stock (Kanis S.A.), Exchange Agreement (Clean Diesel Technologies Inc)