Common use of Non-Default Clause in Contracts

Non-Default. The Company is not 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 3 contracts

Samples: Subscription Agreement (Ilink Telecom Inc), Subscription Agreement (Ilink Telecom Inc), Securities Purchase Agreement (American Energy Services Inc)

AutoNDA by SimpleDocs

Non-Default. The Company Company, except as described in the Memorandum, is not 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 2 contracts

Samples: Subscription Agreement (Stratcomm Media LTD), Subscription Agreement (Stratcomm Media LTD)

Non-Default. The Company is not 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 2 contracts

Samples: Subscription Agreement (Internet Commerce Corp), Subscription Agreement (Internet Commerce Corp)

Non-Default. The Company Company, except as described in the Memorandum, is not 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 parry or by which it or its property may be bound;.

Appears in 1 contract

Samples: Subscription Agreement (Stratcomm Media LTD)

AutoNDA by SimpleDocs

Non-Default. The Company Company, except as described in the Memorandum, is not 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 (Stratcomm Media LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!