Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investor, or (ii) if such failure is not curable within such 15-day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor within the initial 15-day period; or
Appears in 7 contracts
Samples: Note Agreement (Cognigen Networks Inc), Note Agreement (Cognigen Networks Inc), Note Agreement (Cognigen Networks Inc)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained herein (other than those covenants specified in Section 5(a) of this Note or the other Transaction Documents Note) and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investordays, or (ii) if such failure is not curable within such 15-day day period, but is reasonably capable of cure within 30 45 days, either (A) such failure shall continue for 30 45 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor Holder within the initial 15-day period; or
Appears in 4 contracts
Samples: Convertible Promissory Note and Loan Agreement (Spicy Pickle Franchising Inc), Convertible Promissory Note and Loan Agreement (Spicy Pickle Franchising Inc), Convertible Promissory Note and Loan Agreement (Spicy Pickle Franchising Inc)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained herein (other than those covenants specified in Section 5(a) of this Note or the other Transaction Documents Note) and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investortwenty (20) days, or (ii) if such failure is not curable within such 15-twenty (20) day period, but is reasonably capable of cure within 30 180 days, either (A) such failure shall continue for 30 180 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor Holder within the initial 15-45 day period; or
Appears in 3 contracts
Samples: Subordinated Convertible Note Purchase Agreement (Technoconcepts, Inc.), Note Purchase Agreement (Technoconcepts, Inc.), Subordinated Convertible Note Purchase Agreement (Technoconcepts, Inc.)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents and (i) such failure shall continue for 15 days after the Company receives notice thereof from InvestorPurchaser, or (ii) if such failure is not curable within such 15-day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor Purchaser within the initial 15-day period; or
Appears in 2 contracts
Samples: Unsecured Convertible Promissory Note (Bayhill Capital Corp), Unsecured Convertible Promissory Note (Bayhill Capital Corp)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the Purchase Agreement (other Transaction Documents than those specified in Section 3(a)) and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investorfifteen (15) days, or (ii) if such failure is not curable within such fifteen (15-) day period, but is reasonably capable of cure within 30 thirty (30) days, either (A) such failure shall continue for 30 thirty (30) days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor within the initial fifteen (15-) day period; or
Appears in 1 contract
Samples: Securities Purchase Agreement (Noble Medical Technologies, Inc.)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents (other than those specified in Sections 5(a)) and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investordays, or (ii) if such failure is not curable within such 15-day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company or its Subsidiary shall not have commenced a cure in a manner reasonably satisfactory to Investor within the initial 15-day period; or
Appears in 1 contract
Samples: Pledge Agreement (Transworld Benefits International Inc)
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents Merger Agreement and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investorfifteen (15) days, or (ii) if such failure is not curable within such fifteen (15-) day period, period but is reasonably capable of cure within 30 thirty (30) days, either (A) such failure shall continue for 30 thirty (30) days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor the Lender within the initial fifteen (15-) day period; or;
Appears in 1 contract
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents and (i) such failure shall continue for 15 days after the Company receives notice thereof from an Investor, or (ii) if such failure is not curable within such 15-day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor within the initial 15-day period; or
Appears in 1 contract
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained herein (other than failure to pay as specified in Section 5(a) of this Note or the other Transaction Documents Note) and (i) such failure shall continue for more than 15 days after the Company receives notice thereof from Investordays, or (ii) if such failure is not curable within such 15-15 day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company shall not have commenced a to cure in a manner reasonably satisfactory to Investor the default within the initial 15-day periodoriginal 15 days and completed the cure within 30 days; or
Appears in 1 contract
Breaches of Covenants. The Company shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Note or the Security Agreement (other Transaction Documents than those specified in Sections 3(a)) and (i) such failure shall continue for 15 days after the Company receives notice thereof from Investordays, or (ii) if such failure is not curable within such 15-day period, but is reasonably capable of cure within 30 days, either (A) such failure shall continue for 30 days or (B) the Company shall not have commenced a cure in a manner reasonably satisfactory to Investor Holder within the initial 15-day period; or
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Sub-Urban Brands, Inc.)
