Common use of Absence of Events of Default Clause in Contracts

Absence of Events of Default. No Event of Default and no event which, with notice, lapse of time or both, would constitute an Event of Default, has occurred and is continuing.

Appears in 17 contracts

Samples: Stock Purchase Agreement (Grom Social Enterprises, Inc.), Stock Purchase Agreement (ETAO International Co., Ltd.), Convertible Loan Agreement

AutoNDA by SimpleDocs

Absence of Events of Default. No Event of Default (as defined in the Notes) and no event which, with notice, lapse the giving of notice or the passage of time or both, would constitute become an Event of Default, has occurred and is continuing.

Appears in 5 contracts

Samples: Note Purchase Agreement (Advanced Environmental Recycling Technologies Inc), Note Purchase Agreement (Advanced Environmental Recycling Technologies Inc), Securities Purchase Agreement (Advanced Environmental Recycling Technologies Inc)

Absence of Events of Default. No Event of Default Default, as defined in the Note, and no event which, with notice, lapse the giving of notice or the passage of time or both, would constitute become an Event of DefaultDefault (as so defined), has occurred and is continuing.

Appears in 3 contracts

Samples: Note Purchase Agreement (Indenet Inc), Note Purchase Agreement (Indenet Inc), Note Purchase Agreement (U S Bioscience Inc)

AutoNDA by SimpleDocs

Absence of Events of Default. No Event of Default Default, as defined in the Debenture, and no event which, with notice, lapse the giving of notice or the passage of time or both, would constitute become an Event of Default, Default has occurred and is continuing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Immunogen Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!