EVENTS OF DEFAULT Events of Default. An Event of Default occurs if:
EVENTS OF DEFAULT Events of Default. If any of the following events (“Events of Default”) shall occur:
EVENTS OF DEFAULT Events of Default. An “ Event of Default ” is: (i) a default in payment of any amount due hereunder which default continues for more than two (2) business days after the due date thereof; (ii) a default in the timely issuance of Underlying Shares upon and in accordance with terms hereof, which default continues for two (2) Business Days after the Company has received notice informing the Company that it has failed to issue shares or deliver stock certificates within the second ( 2nd ) day following the Conversion Date; (iii) failure by the Company for two (2) days after notice has been received by the Company to comply with any material provision of the Exchange Agreement (including without limitation the failure to issue the requisite number of shares of Common Stock upon conversion hereof and the failure to redeem Notes upon the Holder’s request following a Change in Control Transaction pursuant to Section 1(c); (iv) any default after any cure period under, or acceleration prior to maturity of, any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by the Company in excess of $50,000 or for money borrowed the repayment of which is guaranteed by the Company in excess of $50,000, whether such indebtedness or guarantee now exists or shall be created hereafter; (v) any failure of the Company to satisfy its “filing” obligations under the rules and guidelines issued by OTC Markets News Service, OTC Xxxxxxx.xxx and their affiliates; (vi) failure of the Company to issue any of the shares of the Company’s Common Stock due the Holder upon conversion of this Note; (vii) failure to have sufficient number of authorized and unreserved, but unissued shares of the Company’s Common Stock available for any said conversion; (viii) any delisting for any reason; (ix) failure of Company’s stock to maintain a bid price in its trading market which occurs for two (2) consecutive days; (x) failure by Company to pay any of its Transfer Agent fees or to maintain a Transfer Agent of record; (xi) failure of the company to remain compliant with DTCC, thus incurring a “Chilled” status with DTCC; (xii) any trading suspension imposed by the Securities and Exchange Commission under Sections 12(j) or 12(k) of the 1934 Act; (xiii) the Company is subject to any Bankruptcy Event; (xiv) any default by the Company on any of its outstanding obligations to the Holder.
EVENTS OF DEFAULT Events of Default. Unsubordinated Notes) to be events upon the happening of which a Holder may declare his Notes to be immediately due and repayable;
EVENTS OF DEFAULT Events of Default. If any one or more of the following conditions orSection 8.01. events occur:
EVENTS OF DEFAULT Events of Default. For so long as this Agreement remainsSection 8.01 outstanding, upon the occurrence and during the continuance of the following events (“Events of Default”): default shall be made in the payment of any principal of any Loan or any(a) Reimbursement Obligations when and as the same shall become due and payable, whether at the due date thereof (including the Term Loan Maturity Date or Revolving Maturity Date) or at a date fixed for mandatory prepayment thereof or by acceleration thereof or otherwise; default shall be made in the payment of any (x) interest on any Loan or (y)(b) any Fee or any other amount (other than an amount referred to in clause (a) above) due under any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied for, in the case of clause (x), a period of three (3) business days or, in the case of clause (y), a period of five (5) Business Days; any representation or warranty made or deemed made by or on behalf of(c) any Group Member in any Loan Document, Borrowing Request, LC Request or any representation, warranty, statement or information contained in any certificate furnished by or on behalf of any Group Member pursuant to any Loan Document, shall prove to have been false or misleading in any material respect when so made or deemed made, and such false or misleading representation, warranty, statement or information, to the extent capable of being cured, shall continue to be false, misleading or otherwise unremedied, or shall not be waived, for a period of thirty (30) days (provided that such 30-day grace period shall not apply to the Specified Representations); 169 US-DOCS\121951479.16133960081.2 default shall be made in the due observance or performance by any Group(d) Member of any covenant, condition or agreement contained in Section 5.02(a) or Section 5.03(a) (only with respect to legal existence in the Borrower’s state of organization), Section 5.08, Section 5.10, Section 5.12, Section 5.15 or in Article VI; default shall be made in the due observance or performance by any Group(e) Member of any covenant, condition or agreement contained in any Loan Document other than those specified in clauses (a), (b) or (d) immediately above or those specified in clause (m) below and such default shall continue unremedied or shall not be waived for a period of thirty (30) days after receipt of written notice thereof from the Administrative Agent to the Borrower; any Credit Party shall fail to (i)...
EVENTS OF DEFAULT Events of Default. An “Event of Default” shall mean the occurrence or existence of one or more of the following events or conditions:
EVENTS OF DEFAULT Events of Default. The occurrence of any of the following shall constitute a default of this Lease by Tenant:
EVENTS OF DEFAULT Events of Default. If any of the following events (any such event, an “Event of Default”) shall occur:
EVENTS OF DEFAULT Events of Default. If any one or more of the following conditions or Section 8.01. events occur: Failure to Make Payments When Due. Failure by the Borrower to pay (i) when (a) due any installment of principal of any Loan, whether at stated maturity, by acceleration, by notice of voluntary prepayment, by mandatory prepayment or otherwise; or (ii) any interest on any Loan or any fee or any other amount due hereunder within five (5) days after the date due; or 95 9482345
