Common use of Maintenance of Assets Clause in Contracts

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

Appears in 61 contracts

Samples: Securities Purchase Agreement (Clean Energy Technologies, Inc.), Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (RespireRx Pharmaceuticals Inc.)

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Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are are, in the reasonable judgment of Borrower, necessary to conduct its business (whether now or in the future).

Appears in 7 contracts

Samples: Securities Purchase Agreement (NKGen Biotech, Inc.), Securities Purchase Agreement (NKGen Biotech, Inc.), Securities Purchase Agreement (NKGen Biotech, Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property oil and gas properties, leases, interests or rights, including, without limitation, any such properties, leases, interests or rights covered by the Assignment, or any personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

Appears in 7 contracts

Samples: Loan Agreement (Eos Petro, Inc.), Lowcal Agreements (Cellteck Inc.), Series B Convertible Preferred Stock Purchase Agreement (Cellteck Inc.)

Maintenance of Assets. The failure by Borrower Borrower, during the term of this Note, to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

Appears in 4 contracts

Samples: Securities Purchase Agreement (Vet Online Supply Inc), Securities Purchase Agreement (Carolco Pictures, Inc.), Securities Purchase Agreement (Vet Online Supply Inc)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future)) or any disposition or conveyance of any material asset of the Borrower.

Appears in 3 contracts

Samples: Note Purchase Agreement (RespireRx Pharmaceuticals Inc.), Assignment Agreement (Digerati Technologies, Inc.), Assignment Agreement (Digerati Technologies, Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future), or any disposition or conveyance of any material asset of the Borrower.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Growlife, Inc.), Securities Purchase Agreement (Mphase Technologies Inc), Securities Purchase Agreement (Canbiola, Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future), or any disposition or conveyance of any material asset of the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vet Online Supply Inc), Securities Purchase Agreement (Vet Online Supply Inc)

Maintenance of Assets. The failure by Borrower or any Subsidiary to maintain any material intellectual property rights, personal, real property property, equipment, leases or other assets which are necessary to conduct its business (whether now or in the future)) without receipt of fair value by Borrower or Subsidiary.

Appears in 1 contract

Samples: Subscription Agreement (Megawest Energy Corp.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future), to the extent that such failure would result in a material adverse condition or material adverse change in or affecting the business operations, properties or financial condition of Borrower or any of its subsidiaries (a “Material Adverse Effect”).

Appears in 1 contract

Samples: Securities Purchase Agreement

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Maintenance of Assets. The failure by Borrower to maintain maintain, prosecute, protect or otherwise preserve any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

Appears in 1 contract

Samples: Share Purchase Agreement (VIASPACE Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).. Aires Note 2013

Appears in 1 contract

Samples: Assignment of Debt Agreement (Sunvesta, Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future), to the extent that such failure would result in a material adverse condition or material adverse change in or affecting the business operations, properties or financial condition of Borrower or any of its Subsidiaries (a “Material Adverse Effect”).

Appears in 1 contract

Samples: Debt Exchange Agreement (La Rosa Holdings Corp.)

Maintenance of Assets. The failure by Borrower or any Subsidiary to maintain any material intellectual property rights, personal, real property property, equipment, leases or other assets which are necessary to conduct its business (whether now or in the future).

Appears in 1 contract

Samples: Subscription Agreement (Vicor Technologies, Inc.)

Maintenance of Assets. The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).;

Appears in 1 contract

Samples: Secured Subordinated Convertible Promissory Note (Inergetics Inc)

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