Common use of Breach of Covenant Clause in Contracts

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which the Borrower and Holder are both parties and such breach continues for a period of seven (7) days after written notice to the Borrower from the Holder.

Appears in 7 contracts

Samples: Convertible Note (Frederick Brewing Co), Convertible Note (Frederick Brewing Co), Convertible Note (Frederick Brewing Co)

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Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which the Borrower and Holder are both parties and such breach continues for a period of seven ten (710) days after written notice to the Borrower from the Holder.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Ems Find, Inc.), Convertible Note (Nuvim Inc), Subscription Agreement (Lexington Energyservices Inc.)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) days after written notice to the Borrower from the Holder.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Infinite Group Inc), Securities Purchase Agreement (Infinite Group Inc), Credit Facility Agreement (Environmental Solutions Worldwide Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 5 contracts

Samples: Convertible Note (Alterrus Systems Inc.), Assignment and Escrow Agreement (Attitude Drinks Inc.), Assignment and Escrow Agreement (Attitude Drinks Inc.)

Breach of Covenant. The Borrower breaches any material covenant or other term term, or condition of this Note or any other agreement to which the Borrower and Holder are both parties and such breach continues for in excess of a period of seven thirty (730) business days after written notice to the Borrower from the a Holder.

Appears in 5 contracts

Samples: Convertible Note (Nyiax, Inc.), Convertible Note (Nyiax, Inc.), Convertible Note (Nyiax, Inc.)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which the Borrower and Holder are both parties and such breach continues for a period of seven (7) days after written notice to the Borrower from the Holder.

Appears in 5 contracts

Samples: Convertible Note (Interiors Inc), Convertible Note (Interiors Inc), Convertible Note (Sims Communications Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of the Subscription Agreement, this Note or other Transaction Document in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 4 contracts

Samples: Secured Convertible Promissory Note (China Biopharma, Inc.), Subscription Agreement (Hq Sustainable Maritime Industries, Inc.), Secured Promissory Note (Datascension Inc)

Breach of Covenant. The Borrower breaches any material covenant or -------------------- other term or condition of the Subscription Agreement or this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 4 contracts

Samples: Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of under this Note or any other agreement to which Note (other than a breach contemplated by (a) or (b) above or the Borrower and Holder are both parties corresponding clauses of the other Notes) and such breach continues uncured for a period of seven ten (710) business days after written notice to the Borrower from the HolderHolder or the holder of any other Note.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Park City Group Inc), Securities Purchase Agreement (Park City Group Inc), Securities Agreement (Park City Group Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of the Subscription Agreement or this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if capable of cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 3 contracts

Samples: Convertible Promissory Note (Macrochem Corp), Convertible Promissory Note (Macrochem Corp), Convertible Promissory Note (Macrochem Corp)

Breach of Covenant. The Borrower breaches any material other covenant or other term or condition of the Purchase Agreement or this Note or Debenture ) in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 3 contracts

Samples: Convertible Debenture (Thinspace Technology, Inc.), Convertible Debenture (Thinspace Technology, Inc.), Convertible Debenture (Thinspace Technology, Inc.)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 2 contracts

Samples: 5% Senior Convertible Note (Lantis Laser Inc.), Convertible Note Agreement (Lantis Laser Inc.)

Breach of Covenant. The Borrower breaches any material covenant ------------------ covenant, undertaking or other term or condition of the Subscription Agreement or this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if permitted to be cured, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Note (Family Room Entertainment Corp)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which the Borrower and Holder are both parties and such breach breach, if subject to cure, continues for a period of seven (7) days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Note Agreement (Global Industrial Services Inc)

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Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other agreement to which and/or the Borrower and Holder are both parties Documents and such breach continues unremedied for a period of seven ten (710) days after written notice to the Borrower from the Holder.date of delivery of a notice from a Holder of a Note;

Appears in 1 contract

Samples: Subscription Agreement (Transgenomic Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) days after written notice to the Borrower from the Holderbusiness days.

Appears in 1 contract

Samples: Note (IDO Security Inc.)

Breach of Covenant. The Borrower breaches any material -------------------- covenant or other term or condition of the Subscription Agreement or this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Note (Amnis Systems Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or Transaction Document in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Note (Plangraphics Inc)

Breach of Covenant. The Borrower breaches any material covenant or ------------------ other term or condition of this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Note (Team Communications Group Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Appyea, Inc)

Breach of Covenant. The Borrower breaches any material other covenant or other term or condition of the Purchase Agreement or this Note or Debenture in any other agreement to which the Borrower and Holder are both parties material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Convertible Debenture (Thinspace Technology, Inc.)

Breach of Covenant. The Borrower breaches any material other covenant or other term or condition of the Purchase Agreement, or this Note Debenture or any other agreement to which the Borrower and Holder are both parties Transaction Document in any material respect and such breach breach, if subject to cure, continues for a period of seven ten (710) business days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Debenture Agreement (Thinspace Technology, Inc.)

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