Common use of Leasehold Interests Clause in Contracts

Leasehold Interests. Each lease or agreement to which the Company or Bartxxx, xxspectively, is a party under which it is a lessee of any property, real or personal (a list of all such leases being attached hereto as Schedule 2.9), is a valid and subsisting agreement without any material default of the Company or Bartxxx, xxspectively, thereunder and, to the knowledge of the Company, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company or Bartxxx, xxspectively, under any such lease or agreement or, to the knowledge of the Company, by any other party thereto.

Appears in 4 contracts

Samples: Note and Series a Iii Warrant Purchase Agreement (Intracel Corp), Note and Series a Iii Warrant Purchase Agreement (Intracel Corp), Note and Series a Warrant Purchase Agreement (Intracel Corp)

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Leasehold Interests. Each lease or agreement to which the Company or Bartxxx, xxspectively, is a party under which it is a lessee of any property, real or personal (a list of all such leases being attached hereto as Schedule 2.9), is a valid and subsisting agreement without any material default of the Company or Bartxxx, xxspectively, thereunder and, to the knowledge of the Company, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company or Bartxxx, xxspectively, under any such lease or agreement or, to the knowledge of the Company, by any other party thereto.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Intracel Corp), Preferred Stock Purchase Agreement (Intracel Corp)

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