Common use of Non-Default Clause in Contracts

Non-Default. Except as disclosed in the Memorandum, neither the Company nor any of its Subsidiaries is in default in the performance or observance of any material obligation, agreement, covenant or condition contained in any indenture, mortgage, deed of trust or other material instrument or agreement to which it is a party or by which it or its property may be bound;

Appears in 6 contracts

Samples: Subscription Agreement (Pegasi Energy Resources Corporation.), Subscription Agreement (Pegasi Energy Resources Corporation.), Subscription Agreement (Pegasi Energy Resources Corporation.)

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Non-Default. Except as disclosed in the Memorandum, neither Neither the Company nor any of its Subsidiaries is in default in the performance or observance of any material obligation, agreement, covenant or condition contained in any indenture, mortgage, deed of trust or other material instrument or agreement to which it is a party or by which it or its property may be bound;

Appears in 4 contracts

Samples: Subscription Agreement (Sino Payments, Inc.), Subscription Agreement (Tonix Pharmaceuticals Holding Corp.), Subscription Agreement (Tonix Pharmaceuticals Holding Corp.)

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Non-Default. Except as disclosed in the MemorandumSEC Reports, neither the Company nor any of its Subsidiaries is in default in the performance or observance of any material obligation, agreement, covenant or condition contained in any indenture, mortgage, deed of trust or other material instrument or agreement to which it is a party or by which it or its property may be bound;

Appears in 1 contract

Samples: Subscription Agreement (Riot Blockchain, Inc.)

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