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: Convertible Note (Pick Ups Plus Inc), Convertible Note (Rubber Technology International Inc /Nv), Convertible Note (Condor Capital Inc)
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: Convertible Note (Jagnotes Com), Security Purchase Agreement (Tcpi Inc)
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: Convertible Note (Avid Sportswear & Golf Corp), Convertible Note (Nexland Inc)
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
