Common use of Corporate Existence; Conflicting Agreements Clause in Contracts

Corporate Existence; Conflicting Agreements. The Company will take all steps necessary to preserve and continue the corporate existence of the Company. The Company shall not enter into any agreement, the terms of which agreement would restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentures.

Appears in 7 contracts

Samples: Loan Agreement (McGlen Internet Group Inc), Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Pawnbroker Com Inc)

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Corporate Existence; Conflicting Agreements. The From the date hereof until the Closing Date, (i) the Company will take all steps necessary to preserve and continue the corporate existence of the Company. The Company and (ii) the Company shall not enter into any agreement, the terms of which agreement would restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentureshereto.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Non Invasive Monitoring Systems Inc /Fl/), Stock Purchase Agreement (World Health Alternatives Inc), Stock Purchase Agreement (World Health Alternatives Inc)

Corporate Existence; Conflicting Agreements. The Company will take all steps necessary to preserve and continue the its corporate existence of the Companyexistence. The Company shall not enter into any agreement, the terms of which agreement would materially restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible DebenturesTransaction Documents.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Galaxy Nutritional Foods Co)

Corporate Existence; Conflicting Agreements. The Company will take all steps necessary to preserve and continue the corporate existence of the Company. The Company shall not enter into any agreement, the terms of which agreement would restrict or impair conflict with the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentureshereto.

Appears in 1 contract

Samples: Common Stock and Warrants Purchase Agreement (Netlojix Communications Inc)

Corporate Existence; Conflicting Agreements. The Company will take all steps necessary to preserve and continue the corporate existence of the CompanyCompany and each Subsidiary. The Company shall not enter into into, or permit any Subsidiary to enter into, any agreement, the terms of which agreement would restrict or impair the right or ability of the Company or any Subsidiary to perform any of its their respective obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentureshereto.

Appears in 1 contract

Samples: Convertible Debentures and Warrants Purchase Agreement (Eco Soil Systems Inc)

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Corporate Existence; Conflicting Agreements. The Company will take all -------------------------------------------- steps necessary to preserve and continue the corporate existence of the Company. The Company shall not enter into any agreement, the terms of which agreement would restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentureshereto.

Appears in 1 contract

Samples: Note Purchase Agreement (Entech Environmental Technologies Inc)

Corporate Existence; Conflicting Agreements. The From the date hereof until the Closing Date, the Company will take all steps necessary to preserve and continue the corporate existence of the Company. The Company shall not enter into any agreement, the terms of which agreement would restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any of the other agreements attached as exhibits hereto or under the Convertible Debentureshereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (PDG Environmental Inc)

Corporate Existence; Conflicting Agreements. The Company will take all steps necessary to preserve and continue the corporate existence of the Company. The Company shall not enter into any agreement, the terms of which agreement would restrict or impair the right or ability of the Company to perform any of its obligations under this Agreement or any Agreement, the Letter of the other agreements attached as exhibits hereto Intent, or under the Convertible DebenturesNotes.

Appears in 1 contract

Samples: Loan Agreement (Avicena Group, Inc.)

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