Covenants and Agreements of the Lender. (a) The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 13 contracts
Samples: Convertible Loan Agreement (Del Toro Silver Corp.), Convertible Loan Agreement (Del Toro Silver Corp.), Convertible Loan Agreement (Del Toro Silver Corp.)
Covenants and Agreements of the Lender. (a) 3.1 The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 2 contracts
Samples: Convertible Loan Agreement (Americas Wind Energy Corp), Convertible Loan Agreement (Altus Explorations Inc)
Covenants and Agreements of the Lender. (a) 4.1 The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date Date, except as otherwise required herein, unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 2 contracts
Samples: Convertible Loan Agreement (California Mines Corp.), Convertible Loan Agreement (Web Wizard, Inc.)
Covenants and Agreements of the Lender. (a) 2.1 The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 1 contract
Covenants and Agreements of the Lender. (a) The 1The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 1 contract
Samples: Convertible Loan Agreement
Covenants and Agreements of the Lender. (a) 3.1 The Lender covenants and agrees with the Company that the Lender shall not make demand for payment of the Loan prior to the Due Date Date, except as otherwise required herein, unless the Loan has become due and payable in accordance with the provisions of this Agreement.
Appears in 1 contract