Common use of Absence of Events of Default Clause in Contracts

Absence of Events of Default. No event of default (or its equivalent term), as defined in the respective agreement, indenture, mortgage, deed of trust or other instrument, to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an event of default (or its equivalent term) (as so defined in such document), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 24 contracts

Samples: Securities Purchase Agreement (AppTech Payments Corp.), Securities Purchase Agreement (Safe & Green Development Corp), Securities Purchase Agreement (Safe & Green Holdings Corp.)

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Absence of Events of Default. No event Event of default Default (or its equivalent term), as defined in the respective agreement, indenture, mortgage, deed of trust or other instrument, to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an event Event of default Default (or its equivalent term) (as so defined in such document), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 14 contracts

Samples: Securities Purchase Agreement (Biohitech Global, Inc.), Securities Purchase Agreement (Rejuvel Bio-Sciences, Inc.), Securities Purchase Agreement (Workhorse Group Inc.)

Absence of Events of Default. No Except as set forth in Disclosure Annex, no event of default (or its equivalent term), as defined in the respective agreement, indenture, mortgage, deed of trust or other instrument, agreement to which the Company or its Subsidiary is a party, and no event which, with the giving of notice or the passage of time or both, would become an event of default (or its equivalent term) (as so defined in such documentagreement), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Purchase Agreement (Xg Sciences Inc), Purchase Agreement (Xg Sciences Inc), Purchase Agreement (Xg Sciences Inc)

Absence of Events of Default. No event Event of default Default (or its equivalent term), as defined in the respective agreement, indenture, mortgage, deed of trust or other instrument, to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an event Event of default Default (or its equivalent term) (as so defined in such document), has occurred and is continuing, which would have a Material Adverse EffectEffect for which a waiver or forbearance agreement is not in effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Biohitech Global, Inc.)

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Absence of Events of Default. No event Event of default Default (or its equivalent term), as defined in the respective agreement, indenture, mortgage, deed of trust or other instrument, to which the Company is a party, and no event e vent which, with the giving of notice or the passage of time or both, would become an event Event of default Default (or its equivalent term) (as so defined in such document), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Jubilant Flame International, LTD)

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