Common use of Failure to Deliver Common Stock or Replacement Note Clause in Contracts

Failure to Deliver Common Stock or Replacement Note. The Company’s failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two (2) business days or the Company is required to issue a replacement Note to the Holder and the Company shall fail to deliver such replacement Note within seven (7) business days; or

Appears in 3 contracts

Samples: Biodelivery Sciences International Inc, General Environmental Management, Inc, General Environmental Management, Inc

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Failure to Deliver Common Stock or Replacement Note. The CompanyTxxxxx Equipment’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement andSecurity Agreement, if such failure to timely deliver Common Stock shall not be cured within two (2) business days or the Company days. If any Borrower is required to issue a replacement Note to the Holder and the Company such Borrower shall fail to deliver such replacement Note within seven (7) business days; orBusiness Days.

Appears in 2 contracts

Samples: Maxim Mortgage Corp/, Maxim Mortgage Corp/

Failure to Deliver Common Stock or Replacement Note. The -------------------------------------------------------- Company’s 's failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two (2) business days or the Company is required to issue a replacement Note to the Holder and the Company shall fail to deliver such replacement Note within seven (7) business days; or.

Appears in 1 contract

Samples: New Century Energy Corp.

Failure to Deliver Common Stock or Replacement Note. The Company’s 's ------------------------------------------------------ failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two (2) business days or the Company is required to issue a replacement Note to the Holder and the Company shall fail to deliver such replacement Note within seven (7) business days; or

Appears in 1 contract

Samples: Windswept Environmental Group Inc

Failure to Deliver Common Stock or Replacement Note. The Company’s Patients’ failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two (2) business days or Patients and the Company is are required to issue a replacement Note to the Holder and Patients and the Company shall fail to deliver such replacement Note within seven (7) business days; or.

Appears in 1 contract

Samples: Patients & Physicians, Inc.

Failure to Deliver Common Stock or Replacement Note. The CompanyTxxxxx Equipment’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement andSecurity Agreement, if such failure to timely deliver Common Stock shall not be cured within two (2) business days or the Company days. If any Borrower is required to issue a replacement Note to the Holder and the Company such Borrower shall fail to deliver such replacement Note within seven (7) business days; orBusiness Days. The occurrence of a change in the controlling ownership of the Company.

Appears in 1 contract

Samples: Maxim Mortgage Corp/

Failure to Deliver Common Stock or Replacement Note. The Company’s failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two (2) business days (or up to five (5) business days with respect to no more than two (2) delays in any calendar year, so long as such delay is soley out of the control of the Company) or the Company is required to issue a replacement Note to the Holder and the Company shall fail to deliver such replacement Note within seven (7) business days; or.

Appears in 1 contract

Samples: House of Brussels Chocolates Inc

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Failure to Deliver Common Stock or Replacement Note. The Company’s failure to deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement and, if such failure to deliver Common Stock shall not be cured within two five (25) business days or the Company is required to issue a replacement Note to the Holder and the Company shall fail to deliver such replacement Note within seven (7) business days; or.

Appears in 1 contract

Samples: Securities Purchase Agreement (Standard Management Corp)

Failure to Deliver Common Stock or Replacement Note. The Company’s 's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement andSecurity Agreement, if such failure to timely deliver Common Stock shall not be cured within two three (23) business days or the Company days. If any Borrower is required to issue a replacement Note to the Holder and the Company such Borrower shall fail to deliver such replacement Note within seven fourteen (714) business days; or.

Appears in 1 contract

Samples: Catalyst Lighting Group Inc

Failure to Deliver Common Stock or Replacement Note. The CompanyXxxxxx Equipment’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and the Purchase Agreement andSecurity Agreement, if such failure to timely deliver Common Stock shall not be cured within two (2) business days or the Company days. If any Borrower is required to issue a replacement Note to the Holder and the Company such Borrower shall fail to deliver such replacement Note within seven (7) business days; orBusiness Days. The occurrence of a change in the controlling ownership of the Company.

Appears in 1 contract

Samples: Thomas Equipment, Inc.

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