Common use of Prohibited Transactions Clause in Contracts

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions until thirty (30) days after such time as this Note has been converted into Conversion Shares or repaid in full.

Appears in 43 contracts

Samples: Security Agreement (Boxlight Corp), Abvc Biopharma, Inc., Abvc Biopharma, Inc.

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Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions without each Investor’s prior written consent, until thirty (30) days after such time as this each Note has been repaid in full and/or has been converted into Conversion Shares and such Investor’s Warrants have been exercised in full or repaid expired in fullaccordance with its terms.

Appears in 5 contracts

Samples: Unit Purchase Agreement (Marizyme, Inc.), Unit Purchase Agreement (Marizyme, Inc.), Unit Purchase Agreement (Marizyme, Inc.)

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions until thirty (30) days after such time as this the Note has been repaid in full and/or has been converted into Conversion Shares or repaid in fullShares.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc)

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions without the Investor’s prior written consent, until thirty (30) days after such time as this the Note has been repaid in full and/or has been converted into Conversion Shares or repaid in fullShares.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Siyata Mobile Inc.), Securities Purchase Agreement (COMSovereign Holding Corp.), Securities Purchase Agreement (COMSovereign Holding Corp.)

Prohibited Transactions. The Company Maker hereby covenants and agrees not to enter into any Prohibited Transactions until thirty (30) days after such time as this Note has been converted into Conversion Shares or repaid in full.

Appears in 3 contracts

Samples: Freight Technologies, Inc., Freight Technologies, Inc., Freight Technologies, Inc.

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions until thirty sixty (3060) days after such time as this Note has been converted into Conversion Shares or repaid in full.

Appears in 2 contracts

Samples: Ainos, Inc., PaxMedica, Inc.

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions until thirty (30) days after such time as this Note has been converted into Conversion Shares or repaid in full. For the avoidance of doubt, this provision shall not apply to the issuance of Ordinary Shares pursuant to the conversion of any convertible Indebtedness of the Company outstanding as of the date hereof; provided, that such convertible Indebtedness has not been amended or modified after the date hereof.

Appears in 1 contract

Samples: Hub Cyber Security Ltd.

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions without the prior written consent of the Requisite Holders, until thirty (30) days after such time as this Note the eighty percent (80%) of Notes have been repaid in full and/or has been converted into Conversion Shares or repaid in fullShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Phoenix Motor Inc.)

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Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions without the prior written consent of the Investor, until thirty (30) days after such time as this the Note have been repaid in full and/or has been converted into Conversion Shares or repaid in fullShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyber App Solutions Corp.)

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions without the prior written consent of the Investor, until thirty (30) days after such time as this the eighty percent (80%) of the Note has been repaid in full and/or has been converted into Conversion Shares or repaid in fullShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Phoenix Motor Inc.)

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions Transaction until thirty (30) days after such time as this Note has been converted into Conversion Shares or repaid in full.

Appears in 1 contract

Samples: Know Labs, Inc.

Prohibited Transactions. The Company hereby covenants and agrees not to enter into any Prohibited Transactions until thirty sixty (3060) days after such time as this the Note has been converted into Conversion Shares or repaid in full.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Ainos, Inc.)

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