ELOC definition
Examples of ELOC in a sentence
For a period of twenty-four (24) months following the IPO closing date (the “ROFR Period”), Yorkville shall have a right of first refusal with respect to any proposed ELOC.
By: Name: N▇▇▇ ▇▇▇▇▇▇▇ Title: Chief Executive Officer By: Name: [_____] Title: [_______] TO: AMERICAN VENTURES LLC, SERIES XL MMA ELOC DATE: ___________________________ We refer to the Equity Purchase Agreement, dated December __, 2025 (the “Agreement”), entered into by and between Mixed Martial Arts Group Limited and you.
Prior to entering into any binding agreement for an ELOC during the ROFR Period, the Company shall provide Yorkville written notice of the material economic terms of such proposed ELOC, and Yorkville shall have [10] business days to elect in writing to provide such ELOC on terms no less favorable to the Company than those described in the notice.
Notwithstanding the foregoing, the Company shall file a registration statement to register any securities issued under the Equity Purchase Agreement (the “EPA”) as referenced further in that certain EPA with American Ventures LLC, Series XL MMA ELOC, dated December 29, 2025.