Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 879

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 879
---
ii)Liens arising from judgments, decrees or attachments in circumstances not constituting an Event of Default under Section 4(a)(xii); (viii)Liens with respect to the Notes, Other Notes and/or Additional Notes, as applicable and (iv) solely prior to the Public Company Date, Permitted Safe Note Collateral; (ix)Liens existing on the date hereof; (x)Liens to secure payment of workers’ compensation, employment insurance, old-age pensions, social security and other like obligations incurred in the ordinary course of business (other than Liens imposed by ERISA); (xi)leases or subleases of real property and leases, subleases, licenses or sublicenses of personal property; (xii)banker’s liens, rights of setoff and Liens in favor of financial institutions incurred in the ordinary course of business arising in connection with Company’s deposit accounts or securities accounts held at such institutions; (xiii)easements, rights-of-way, restrictions and other similar encumbrances affecting real property which, in the aggregate, are not substantial in amount, and which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; (xiv)Liens arising from the filing of any precautionary financing statement on operating leases covering the leased property, to the extent such operating leases are permitted under this Note; (xv)customary Liens of any bank in connection with statutory, common law and contractual rights of setoff and recoupment with respect to any deposit account or securities account of the Company; (xvi)other Liens not otherwise permitted hereunder securing Permitted Subordinated Indebtedness not to exceed Five Million Dollars ($5,000,000) as long as such Liens secure only (and are sole recourse Indebtedness to) specific assets and not Liens with respect to “all assets”; (xvii)Liens on Permitted Treasury Collateral with respect to Permitted Treasury Indebtedness; (xviii)Prior to the Business Combination Closing Date, any Lien on 700 Bitcoin held by the Company in connection with Bitcoin received by the Company in connection with (i) that certain Simple Agreement for Future Equity, dated as of July 19, 2024, by and between the Company and Fulgur Ventures I LP (as amended) and (ii) that certain Simple Agreement for Future Equity, dated as of July