Common use of No Effective Registration Clause in Contracts

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 12 contracts

Samples: Securities Purchase Agreement (Petrol Oil & Gas Inc), Secured Convertible Term Note (Comc Inc), Secured Convertible Term Note (Conversion Services International Inc)

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No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder none of the Borrower's obligations to the Holder may be converted into Common Stock unless (ai) either (ix) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in connection with satisfaction of such obligations exists, exists or (iiy) an exemption from registration of the Common Stock is available to pursuant to Rule 144 of the Securities Act, Act and (bii) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 11 contracts

Samples: Securities Purchase Agreement (American Water Star Inc), Securities Purchase Agreement (Bio Key International Inc), Securities Purchase Agreement (Bio Key International Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder none of the Borrower’s obligations to the Holder may be converted into Common Stock unless (ai) either (ix) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in connection with satisfaction of such obligations exists, exists or (iiy) an exemption from registration of the Common Stock is available to pursuant to Rule 144 of the Securities Act, Act and (bii) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 8 contracts

Samples: Note (Bio Key International Inc), Note (Bio Key International Inc), Note Agreement (Acceris Communications Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Cci Group Inc), Secured Convertible Term Note (Axtive Corp), Secured Convertible Term Note (Conversion Services International Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into made in shares of Common Stock by the Borrower without the Holder's consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 3 contracts

Samples: Convertible Note (Bravo Foods International Corp), Convertible Note (Bravo Foods International Corp), Convertible Note (Bravo Foods International Corp)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into paid in shares of Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 2 contracts

Samples: Convertible Note (Innovative Food Holdings Inc), Convertible Note (Alpha Solarco Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into made in shares of Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 2 contracts

Samples: Convertible Note (Quest Oil Corp), Secured Convertible Note (Hybrid Fuel Systems Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable outstanding hereunder or under the Purchase Agreement or the other Related Agreements may be converted into Common Stock unless (ai) either (ix) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, exists or (iiy) an exemption from registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, Act and (bii) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 2 contracts

Samples: Secured Convertible Term Note (Elec Communications Corp), Secured Convertible Term Note (Elec Communications Corp)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock by the Borrower without the Holder's consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 2 contracts

Samples: Convertible Note (SiVault Systems, Inc.), Convertible Note Agreement (SiVault Systems, Inc.)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is has been cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 1 contract

Samples: Convertible Note (Goldspring Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Convertible Note (Diametrics Medical Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 1 contract

Samples: Convertible Note (Family Room Entertainment Corp)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into paid in shares of Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Convertible Note Agreement (Ibsg International Inc)

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No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Secured Convertible Term Note (Corgenix Medical Corp/Co)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into made in shares of Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Convertible Note (Trend Mining Co)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock by the Borrower without the Holder’s consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is has been cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Convertible Note (Goldspring Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into paid in shares of Common Stock by the Borrower without the Holder's consent unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 1 contract

Samples: Convertible Note Agreement (Dyneco Corp)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 144(k) of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder Holders in whole or in part at the Holder's Holders’ option.

Appears in 1 contract

Samples: Secured Convertible Term Note (Corgenix Medical Corp/Co)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into or otherwise paid in Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's ’s option.

Appears in 1 contract

Samples: Secured Convertible Term Note (Coach Industries Group Inc)

No Effective Registration. Notwithstanding anything to the contrary herein, no amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from 3 of 13 registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 1 contract

Samples: Secured Convertible Term Note (Trinity Learning Corp)

No Effective Registration. Notwithstanding anything to the contrary herein, no 3 of 14 amount payable hereunder may be converted into Common Stock unless (a) either (i) an effective current Registration Statement (as defined in the Registration Rights Agreement) covering the shares of Common Stock to be issued in satisfaction of such obligations exists, or (ii) an exemption from registration of the Common Stock is available pursuant to Rule 144 of the Securities Act, and (b) no Event of Default hereunder exists and is continuing, unless such Event of Default is cured within any applicable cure period or is otherwise waived in writing by the Holder in whole or in part at the Holder's option.

Appears in 1 contract

Samples: Secured Convertible Term Note (Host America Corp)

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