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 in any material respect and such breach, if subject to cure, continues for a period of twenty (20) days after written notice to the Borrower from the Holder.

Appears in 6 contracts

Samples: Security Agreement (Vizario Inc), Securities Purchase Agreement (Gosun Communications LTD Inc), Nestor Inc

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Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of twenty thirty (2030) days after written notice to the Borrower from the Holder.

Appears in 4 contracts

Samples: Barrel Energy Inc., Barrel Energy Inc., BRK, Inc.

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of twenty thirty (2030) business days after written notice to the Borrower from the Holder.

Appears in 3 contracts

Samples: Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc)

Breach of Covenant. The Any Borrower breaches any material covenant or other term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of twenty (20) days after written notice to the Borrower from the Holderoccurrence thereof.

Appears in 3 contracts

Samples: Return on Investment Corp, Catalyst Lighting Group Inc, Return on Investment Corp

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or the Purchase Agreement in any material respect and such breach, if subject to cure, continues for a period of twenty thirty (2030) days after written notice to the Borrower from the Holder.

Appears in 3 contracts

Samples: Netguru Inc, Netguru Inc, Netguru Inc

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or the Purchase Agreement in any material respect and such breach, if subject to cure, continues for a period of twenty ten (2010) days after written notice to the Borrower from the Holder.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Path 1 Network Technologies Inc), Securities Purchase Agreement (Digital Fusion Inc/Nj/), Securities Purchase Agreement (Billserv Inc)

Breach of Covenant. The Borrower breaches any material covenant or any other term or condition of this Note or the Purchase Agreement in any material respect, or the Borrower or the Subsidiary breaches any covenant or any other term or condition of any Related Agreement in any material respect and and, any such case, such breach, if subject to cure, continues for a period of twenty fifteen (2015) days after written notice to the Borrower from the Holderoccurrence thereof.

Appears in 2 contracts

Samples: Perfisans Holdings Inc, Perfisans Holdings Inc

Breach of Covenant. The Borrower breaches any material covenant or other material term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of twenty thirty (2030) days after written notice to the Borrower from the Holder.

Appears in 2 contracts

Samples: Empyrean Bioscience Inc, Empyrean Bioscience Inc

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of the Modification Agreement, Subscription Agreement, Transaction Documents or this Note in any material respect and such breach, if subject to cure, continues for a period of twenty ten (2010) business days after written notice to the Borrower from the Holder.

Appears in 2 contracts

Samples: Aethlon Medical Inc, Aethlon Medical Inc

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or any other Investment Agreement in any material respect and such breach, if subject to cure, continues for a period of twenty thirty (2030) days after written notice to the Borrower from the Holder.occurrence thereof;

Appears in 2 contracts

Samples: Securities Purchase Agreement (Private Media Group Inc), Securities Purchase Agreement (Private Media Group Inc)

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Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note in any material respect and such breach, if subject to cure, continues for a period of twenty five (205) calendar days after written notice to the Borrower from the Holder.

Appears in 2 contracts

Samples: Consolidated Note and Security Agreement (National Healthcare Technology Inc), Consolidated Note and Security Agreement (National Healthcare Technology Inc)

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note or the Purchase Agreement (other than Section 12.7 of the Purchase Agreement) in any material respect and such breach, if subject to cure, continues for a period of twenty (20) days after written notice to the Borrower from the Holder.

Appears in 1 contract

Samples: Nestor Inc

Breach of Covenant. The Borrower breaches any material covenant or any other material term or condition of this Note Note, the Purchase Agreement or any Related Agreement in any material respect and respect, and, in any such case, such breach, if subject to cure, continues for a period of twenty fifteen (2015) days after the receipt by the Borrower of written notice to the Borrower from the HolderHolder of the occurrence thereof.

Appears in 1 contract

Samples: Front Porch Digital Inc

Breach of Covenant. The Borrower breaches any material covenant or any other term or condition of this Note Note, the Purchase Agreement or any Related Agreement in any material respect and respect, and, in any such case, such breach, if subject to cure, continues for a period of twenty thirty (2030) days after written notice to the Borrower from the Holderoccurrence thereof.

Appears in 1 contract

Samples: Netguru Inc

Breach of Covenant. The Borrower breaches any material covenant or other term or condition of this Note in any material respect and/or the Documents and such breach, if subject to cure, breach continues unremedied for a period of twenty ten (2010) 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)

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