Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 218

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 218
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| ● | incur, create, assume, prepay or otherwise become liable for any indebtedness                                                                
 (directly, contingently or otherwise) in excess of $25,000 individually or $50,000 in the aggregate, make a loan or advance to or investment 
 in any third party, or guarantee or endorse any Indebtedness, Liability or obligation of any person (provided, that this shall               
 not prevent FutureTech from borrowing funds necessary to finance its ordinary course administrative costs and expenses and Expenses incurred 
 in connection with the consummation of the Mergers and the other transactions contemplated by the Merger Agreement (including any PIPE       
 Investment and the costs and expenses necessary for any extension, up to aggregate additional indebtedness during the interim period of      
 $1,000,000, provided, however, that FutureTech shall remain solely responsible for all extension expenses);                                  |

| ● | make or rescind any material election relating to taxes, settle any claim, action, proceeding, audit or                                       
 controversy relating to taxes, file any amended tax return or claim for refund, or make any material change in its accounting or tax policies 
 or procedures, in each case except as required by applicable law or in compliance with GAAP;                                                  |

| ● | amend, waive or otherwise change the Trust Agreement in any manner adverse to FutureTech; |

| ● | terminate, waive or assign any material right under any material contract; |

| ● | fail to maintain its books, accounts and records in all material respects in the ordinary course of business 
 consistent with past practice;                                                                               |

| ● | establish any Subsidiary or enter into any new line of business; |

| ● | fail to use commercially reasonable efforts to keep in force insurance policies or replacement or revised                                      
 policies providing insurance coverage with respect to its assets, operations and activities in such amount and scope of coverage substantially 
 similar to that which is currently in effect;                                                                                                  |

| ● | waive, release, assign, initiate, settle or compromise any action, other than waivers, releases, assignments,                                 
 settlements or compromises that involve only the payment of monetary damages (and not the imposition of equitable relief on, or the admission 
 of wrongdoing by, FutureTech or its subsidiary) not in excess of $25,000 (individually or in the aggregate), or otherwise pay, discharge      
 or satisfy any actions, liabilities or obligations, unless such amount has been reserved in the financial statements and notes of FutureTech  
 contained or incorporated by references in