Common use of Variable Rate Transactions Clause in Contracts

Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without the prior consent of the holders of more than 50% in principal amount of the then outstanding Notes.

Appears in 23 contracts

Samples: Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.), Securities Purchase Agreement (60 Degrees Pharmaceuticals, Inc.)

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Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without Transaction, other than with the prior consent of the holders of more than 50% in principal amount of the then outstanding NotesLead Investor.

Appears in 8 contracts

Samples: Securities Purchase Agreement (American Rebel Holdings Inc), Securities Purchase Agreement (Recruiter.com Group, Inc.), Securities Purchase Agreement (Adhera Therapeutics, Inc.)

Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without the prior consent of the holders of more than 50% in principal amount of the then outstanding Noteseach Holder.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Kindly MD, Inc.), Securities Purchase Agreement (Kindly MD, Inc.), Securities Purchase Agreement (Kindly MD, Inc.)

Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without the Lead Investor’s prior consent of the holders of more than 50% in principal amount of the then outstanding Noteswhich may be withheld for any reason.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Innovative Payment Solutions, Inc.), Securities Purchase Agreement (Innovative Payment Solutions, Inc.), Securities Purchase Agreement (Innovative Payment Solutions, Inc.)

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Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without the Purchaser’s prior consent of the holders of more than 50% in principal amount of the then outstanding Noteswhich may be withheld for any reason.

Appears in 1 contract

Samples: Securities Purchase Agreement (Innovative Payment Solutions, Inc.)

Variable Rate Transactions. While any of the Notes are outstanding, the Company shall be prohibited from entering a Variable Rate Transaction without the prior consent of the holders of more than 50% in principal amount of the then outstanding Notesnotes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Innovative Payment Solutions, Inc.)

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