Common use of Participation Right Clause in Contracts

Participation Right. From the date hereof until the date that is the twelve (12) month anniversary of the Closing Date, neither the Company nor any of its Subsidiaries shall, directly or indirectly, effect or enter into any agreement to effect any Subsequent Placement for cash consideration (a “Subsequent Financing”), unless the Company shall have first complied with this Section 4(o).

Appears in 5 contracts

Samples: Securities Purchase Agreement (Trovagene, Inc.), Securities Purchase Agreement (Trovagene, Inc.), Securities Purchase Agreement (Trovagene, Inc.)

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Participation Right. From the date hereof until the date that is through the twelve (12) month anniversary of the Closing Date, neither the Company nor any of its Subsidiaries shall, directly or indirectly, effect or enter into any agreement to effect any Subsequent Placement for cash consideration (a “Subsequent Financing”), Financing unless the Company shall have first complied with this Section 4(o)4.18. The Company acknowledges and agrees that the right set forth in this Section 4.18 is a right granted by the Company, separately, to each Purchaser.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Code Chain New Continent LTD), Securities Purchase Agreement (Tantech Holdings LTD)

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