Common use of No Adverse Action Clause in Contracts

No Adverse Action. The Company and its Subsidiaries shall refrain, during the period beginning on the Closing Date and ending on the Termination Date, from taking any action or entering into any arrangement which in any way materially and adversely affects the provisions of this Agreement or any other Investment Document. 6.12.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Surgilight Inc)

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No Adverse Action. The Company and its Subsidiaries shall refrain, during the period beginning on the Closing Execution Date and ending on the Termination Date, from taking any action or entering into any arrangement which in any way materially and adversely affects the provisions of this Agreement or any other Investment Document. 6.12.

Appears in 1 contract

Samples: Registration Rights Agreement (Datametrics Corp)

No Adverse Action. The Company and its Subsidiaries shall refrain, during the period beginning on the Closing Date and ending on the Termination Date, from taking any action or entering into any arrangement which in any way materially and adversely affects the provisions of this Agreement or any other Investment Document. 6.12.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (GEM Surgilight Investors, LLC)

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No Adverse Action. The Company and its Subsidiaries shall refrain, during the period beginning on the Closing Execution Date and ending on the Termination Date, from taking any action or entering into any arrangement which in any way materially and adversely affects the provisions of this Agreement or any other Investment Transaction Document. 6.12.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tag Entertainment Corp)

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