Common use of General Default Clause in Contracts

General Default. Debtor shall fail to observe or perform any covenant, obligation, term or condition contained in the Securities Purchase Agreement, the Note, or this Agreement.

Appears in 5 contracts

Samples: Security Agreement (Smartserv Online Inc), Security Agreement (Avitar Inc /De/), Security Agreement (Donini Inc)

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General Default. Debtor shall fail to observe or perform any covenant, obligation, term or condition contained in the Securities Purchase Agreement, the Note, Debenture or this Agreement.

Appears in 1 contract

Samples: Security Agreement (PCS Research Technology Inc)

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General Default. Debtor shall fail to observe or perform any covenant, obligation, term or condition contained in the Securities Purchase Agreement, the Note, Note or this Agreement.

Appears in 1 contract

Samples: Security Agreement (Emissions Testing Inc)

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