Failure to Issue Unrestricted Common Stock. As indicated in Article III Section 3.01, a breach by the Company of its obligations under the Registration Rights Agreement shall be deemed an Event of Default, which if not cured within ten (10) days, shall entitle the Holder accelerated full repayment of all debentures outstanding. The Company acknowledges that failure to honor a Notice of Conversion shall cause hardship to the Holder.
Appears in 3 contracts
Samples: Pick Ups Plus Inc, Condor Capital Inc, Rubber Technology International Inc /Nv
Failure to Issue Unrestricted Common Stock. As indicated in Article III Section 3.01, a breach by the Company of its obligations under the Registration Rights Agreement shall be deemed an Event of Default, which if not cured within ten (10) days, shall entitle the Holder Investor(s) accelerated full repayment of all debentures outstanding. The Company acknowledges that failure to honor a Notice of Conversion shall cause hardship to the HolderInvestor(s).
Appears in 2 contracts
Samples: Security Purchase Agreement (Tcpi Inc), Jagnotes Com
Failure to Issue Unrestricted Common Stock. As indicated in Article III Section 3.01, a breach by the Company of its obligations under the Registration Rights Agreement shall be deemed an Event of Default, which if not cured within ten fifteen (1015) days, shall entitle the Holder accelerated full repayment of all debentures outstanding. The Company acknowledges that failure to honor a Notice of Conversion shall cause hardship to the Holder.
Appears in 2 contracts
Samples: Nexland Inc, Avid Sportswear & Golf Corp
Failure to Issue Unrestricted Common Stock. As indicated in Article III Section 3.01above, a breach by the Company of its obligations under obligation to register the Registration Rights Agreement shares underlying the Notes and Warrants shall be deemed an Event of Default, which if not cured within with ten (10) days, shall entitle the Holder accelerated full repayment payment of all debentures outstanding. The Company acknowledges that failure to honor a Notice of Conversion shall cause hardship to the Holder.
Appears in 1 contract
Samples: Subscription Agreement (Xiom Corp)
Failure to Issue Unrestricted Common Stock. As indicated in Article III Section 3.01above, a breach by the Company of under its Registration Rights obligations under the Registration Rights Agreement Section 1.04 shall be deemed an Event of Default, which if not cured within with ten (10) days, shall entitle the Holder accelerated full repayment payment of all debentures outstanding. The Company acknowledges that failure to honor a Notice of Conversion shall cause hardship to the Holder.
Appears in 1 contract
