Default on Other Obligations. The occurrence of a material default following the expiration of any applicable cure period, if any, in any material obligation of the Company or any violation of law or refusal of regulatory permission which has a material adverse effect on the Company's operations.
Appears in 4 contracts
Samples: Convertible Debenture and Warrant Purchase Agreement (Divicore Inc), Convertible Debenture and Warrant Purchase Agreement (Divicore Inc), Convertible Debenture and Warrant Purchase Agreement (Divicore Inc)