Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Samples: Securities Purchase Agreement (American Champion Entertainment Inc), Securities Purchase Agreement (Computerized Thermal Imaging Inc), Securities Purchase Agreement (American Champion Entertainment Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Omnicomm Systems Inc), Securities Purchase Agreement (Omnicomm Systems Inc), Securities Purchase Agreement (Omnicomm Systems Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Natural Health Trends Corp), Securities Purchase Agreement (Advanced Viral Research Corp)
Absence of Events of Default. Except as set forth in ANNEX V hereto and Section 3(e) hereof), no Event of Default (or its equivalent term)Default, as defined in the respective agreement 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 agreementdefined), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Starbase Corp), Securities Purchase Agreement (Quadrax Corp), Securities Purchase Agreement (Starbase Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Esat Inc), Securities Purchase Agreement (Satx Inc), Securities Purchase Agreement (Esat Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereofthe Company's SEC Documents, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Zapworld Com), Securities Purchase Agreement (Henley Healthcare Inc), Securities Purchase Agreement (Dynagen Inc)
Absence of Events of Default. Except as set forth in ANNEX V hereto and Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Saliva Diagnostic Systems Inc), Securities Purchase Agreement (Bristol Retail Solutions Inc), Securities Purchase Agreement (Homecom Communications Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (TTR Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no No Event of Default (or its equivalent term), as defined in the respective agreement 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 agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
