Absence of Events of Default. No "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing.
Appears in 12 contracts
Samples: Securities Purchase Agreement (X-Change Corp), Securities Purchase Agreement (Auxer Group Inc), Securities Purchase Agreement (Integrated Performance Systems Inc)
Absence of Events of Default. No "EVENT OF DEFAULTEvent of Default" (as defined in any agreement or instrument to which the Company or any of its subsidiaries is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing, which could have a Material Adverse Effect.
Appears in 6 contracts
Samples: Loan Agreement (Networking Partners Inc), Securities Purchase Agreement (Compositech LTD), Securities Purchase Agreement (Earth Sciences Inc)
Absence of Events of Default. No "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing, which could have a Material Adverse Effect.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Cafe Odyssey Inc), Securities Purchase Agreement (Popmail Com Inc), Securities Purchase Agreement (Cafe Odyssey Inc)
Absence of Events of Default. No Except as set forth in Schedule III.L., no "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Wareforce Com Inc), Securities Purchase Agreement (Wareforce Com Inc), Securities Purchase Agreement (Popmail Com Inc)
Absence of Events of Default. No "EVENT OF DEFAULTEvent of Default" or "Default" (as each such term is defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined) or Default (as so defined), has occurred and is continuing, which could have a Material Adverse Effect.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Viisage Technology Inc), Securities Purchase Agreement (Star Multi Care Services Inc)
Absence of Events of Default. No Except as set forth in Schedule III.L., no "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuingcontinuing (without waiver).
Appears in 1 contract
Samples: Securities Purchase Agreement (Storage Computer Corp)
Absence of Events of Default. No Except as set forth on Schedule III.L., no "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing.
Appears in 1 contract
Samples: Securities Purchase Agreement (Innovative Gaming Corp of America)
Absence of Events of Default. No "EVENT OF DEFAULTEvent of Default" (as defined in any agreement or instrument to which the Company Sequiam is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing.
Appears in 1 contract
Samples: Agreement of Accord and Satisfaction (Sequiam Corp)
Absence of Events of Default. No Except as set forth in Schedule III.L, no "EVENT OF DEFAULT" (as defined in any agreement or instrument to which the Company is a party) and no event which, with notice, lapse of time or both, would constitute an Event of Default (as so defined), has occurred and is continuing.
Appears in 1 contract
