Common use of Required Approvals Clause in Contracts

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 44 contracts

Samples: Securities Purchase Agreement (Petrol Oil & Gas Inc), Securities Purchase Agreement (Cci Group Inc), Securities Purchase Agreement (Powercold Corp)

AutoNDA by SimpleDocs

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 25 contracts

Samples: Securities Purchase Agreement (Applied Digital Solutions Inc), Securities Purchase Agreement (American Water Star Inc), Securities Purchase Agreement (Applied Digital Solutions Inc)

Required Approvals. (I) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 17 contracts

Samples: Note and Warrant Purchase Agreement (Biovest International Inc), Securities Purchase Agreement (TRUEYOU.COM), Securities Purchase Agreement (Cyber Digital Inc)

Required Approvals. For so long as twenty-five percent (25%) at least 20% of the principal amount of the Note is Notes are outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 7 contracts

Samples: Securities Purchase Agreement (Infinite Group Inc), Securities Purchase Agreement (Versacom International Inc), Securities Purchase Agreement (Advanced Optics Electronics Inc)

Required Approvals. For so long as twenty-five percent (25%) 50% of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 5 contracts

Samples: Securities Purchase Agreement (Digital Fusion Inc/Nj/), Securities Purchase Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)

Required Approvals. For so long as twenty-five percent (25%) % of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 5 contracts

Samples: Securities Purchase Agreement (Axesstel Inc), Securities Purchase Agreement (Axesstel Inc), Securities Purchase Agreement (Electric City Corp)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser ( which consent shall not be unreasonably withheld), shall not, and shall not permit any of its Subsidiaries to:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Paincare Holdings Inc), Securities Purchase Agreement (Paincare Holdings Inc), Securities Purchase Agreement (Paincare Holdings Inc)

Required Approvals. For so long as twenty-five percent (25%) at least $500,000 of the principal amount of the Note is Notes are outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 3 contracts

Samples: Securities Purchase Agreement (One Voice Technologies Inc), Securities Purchase Agreement (One Voice Technologies Inc), Securities Purchase Agreement (One Voice Technologies Inc)

Required Approvals. For so long as twenty-five percent (25%) of the aggregate principal amount of the Note is Term Notes and the Term Notes dated as of May 19, 2005 are outstanding, the Company, without the prior written consent of the PurchaserPurchasers, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Corgenix Medical Corp/Co), Securities Purchase Agreement (Corgenix Medical Corp/Co)

Required Approvals. For so long as twenty-five percent (25%) % of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaserholder of the Note, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Electric City Corp), Securities Purchase Agreement (Electric City Corp)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which consent shall not be unreasonably withheld), shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Pacific Biometrics Inc), Securities Purchase Agreement (Pacific Biometrics Inc)

Required Approvals. For so long as twenty-five fifty percent (2550%) of the aggregate principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Time America Inc), Securities Purchase Agreement (Pipeline Data Inc)

Required Approvals. For so long as twenty-five twenty -five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, which shall not be unreasonably withheld, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Placement Agency Agreement (Icoria, Inc.), Securities Purchase Agreement (Clinical Data Inc)

Required Approvals. For so long as twenty-five percent (25%) at least 40% of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Path 1 Network Technologies Inc), Securities Purchase Agreement (Path 1 Network Technologies Inc)

Required Approvals. For so long as twenty-five percent (25%) of the original principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Coach Industries Group Inc), Securities Purchase Agreement (Coach Industries Group Inc)

Required Approvals. For so long as twenty-five percent (25%) at least 20% of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Valcom Inc /Ca/), Incorporated Securities Purchase Agreement (Associated Automotive Group Inc)

Required Approvals. For so long as twenty-five fifty percent (2550%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, which shall not be unreasonably withheld, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Innovative Companies Inc)

Required Approvals. (I) For so long as twenty-five percent ------------------- (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Elec Communications Corp)

Required Approvals. For so long as twenty-twenty five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Earthfirst Technologies Inc)

Required Approvals. (A) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Synergy Brands Inc)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the CompanyVoxx, without the prior written consent of the PurchaserPurchasers, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Epixtar Corp)

Required Approvals. (I) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, Purchaser shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Auxilio Inc)

Required Approvals. (I) For so long as twenty-twenty five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its the Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Xfone Inc)

Required Approvals. For so long as twenty-five fifty percent (2550%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Dyntek Inc)

Required Approvals. (I) For so long as twenty-twenty five percent (25%) of the aggregate principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Micro Component Technology Inc)

Required Approvals. For so long as twenty-five percent (25%) of ------------------- the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (New Century Energy Corp.)

Required Approvals. For so long as twenty-five percent (25%) at least 50% of the principal amount of the Note is Notes are outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Vertex Interactive Inc)

Required Approvals. For so long as twenty-five percent (25%) of the aggregate principal amount of the Note is Original Term Notes are outstanding, the Company, without the prior written consent of the PurchaserPurchasers, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Corgenix Medical Corp/Co)

Required Approvals. For so long as twenty-five percent (25%) of the initial principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Locateplus Holdings Corp)

Required Approvals. (I) For so long as twenty-five percent (25%) of the principal amount of any of the Note Notes is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (iBroadband, Inc.)

Required Approvals. For so long as twenty-five percent (25%) ------------------ of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Sequiam Corp)

Required Approvals. For so long as twenty-five percent (25%I) of the principal amount of the Note is outstanding, the The Company, without the prior written consent of the PurchaserPurchasers holding, in the aggregate, at least a majority of the then-outstanding principal amount of the Notes, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Healthcare Corp of America)

Required Approvals. (I) For so long as twenty-five percent (25%) ------------------- of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Texhoma Energy Inc)

Required Approvals. For so long as twenty-five percent (25%) of the aggregate principal amount of the Note is Original Notes are outstanding, the Company, without the prior written consent of the Purchaser, Note Requisite Holders (as hereinafter defined) shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Friendlyway CORP)

Required Approvals. For so long as twenty-five percent (25%) at least 20% of the aggregate principal amount of this Note and any other notes from the Note is Company to the Purchaser are outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Infinite Group Inc)

AutoNDA by SimpleDocs

Required Approvals. For so long as twenty-five percent (25%) 20% of the principal amount of the Note is Notes are outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Idial Networks Inc)

Required Approvals. For so long as twenty-five percent (25%) of the aggregate principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (United Energy Corp /Nv/)

Required Approvals. For so long as at least twenty-five percent (25%) of the original aggregate principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Conversion Services International Inc)

Required Approvals. (I) For so long as twenty-five fifty percent (2550%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser which consent shall not be unreasonably withheld, conditioned or delayed, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Fortune Diversified Industries Inc)

Required Approvals. (i) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (AdAl Group Inc.)

Required Approvals. (a) For so long as twenty-five percent (25%) of the aggregate principal amount of the Note Notes is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Modtech Holdings Inc)

Required Approvals. (a) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Standard Management Corp)

Required Approvals. For so long as twenty-five percent (25%) at least 40% of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, which shall not be unreasonably withheld, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Briazz Inc)

Required Approvals. For so long as twenty-five fifty percent (2550%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Elinear Inc)

Required Approvals. For so long as twenty-five percent (25%) of the aggregate principal amount of the Note Notes is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Host America Corp)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the CompanyCompany and its Subsidiaries, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (AGU Entertainment Corp.)

Required Approvals. For so long as twenty-five percent (25%) % or more of the principal amount of the Convertible Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Tidel Technologies Inc)

Required Approvals. (a) For so long as twenty-five percent (25%) of the aggregate principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Modtech Holdings Inc)

Required Approvals. For so long as twenty-five percent (25%) any Purchaser shall have at least $250,000 of the principal amount of the its Note is outstanding, the Company, without the prior written consent of the each such Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (One Voice Technologies Inc)

Required Approvals. For so long as twenty-five percent (25%) of the initial principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which shall not be unreasonably withheld, delayed or conditioned), shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Acceris Communications Inc)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, which shall not be unreasonably withheld, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Clinical Data Inc)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which consent shall not be unreasonably withheld), shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Front Porch Digital Inc)

Required Approvals. (I) For so long as twenty-five percent (25%) of the principal amount of the Note Notes is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which consent shall not be unreasonably withheld), shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Incentra Solutions, Inc.)

Required Approvals. For so long as twenty-five forty percent (2540%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Bam Entertainment Inc)

Required Approvals. (a) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the Purchaser, shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (RPM Technologies Inc)

Required Approvals. (I) For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which consent shall not be unreasonably withheld), shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Incentra Solutions, Inc.)

Required Approvals. For so long as twenty-five percent (25%) of the principal amount of the Note is outstanding, the Company, without the prior written consent of the PurchaserPurchaser (which consent shall not be unreasonably withheld, conditioned or delayed), shall not, and shall not permit any of its Subsidiaries to:

Appears in 1 contract

Samples: Securities Purchase Agreement (Axeda Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.