Common use of Non-Performance of Affirmative Covenants Clause in Contracts

Non-Performance of Affirmative Covenants. The Company shall default in the due observance or performance of any material covenant set forth in the Note, the Note Purchase Agreement or the Security Agreement, which default shall continue uncured for fifteen (15) days after receipt of written notice to the Company thereof;

Appears in 15 contracts

Samples: Convertible Subordinated Note Purchase Agreement (MobileSmith, Inc.), Convertible Secured Subordinated Note Purchase Agreement (MobileSmith, Inc.), Convertible Secured Subordinated Promissory Notes (MobileSmith, Inc.)

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Non-Performance of Affirmative Covenants. The Company shall default in the due observance or performance of any material covenant set forth in the Note, the Note Purchase Agreement or on the Security Agreement, which default shall continue uncured for fifteen (15) 15 days after receipt of written notice to the Company thereof;

Appears in 2 contracts

Samples: Convertible Note (Smart Online Inc), Note Agreement (Smart Online Inc)

Non-Performance of Affirmative Covenants. The Company shall default in the due observance or performance of any material covenant set forth in the Note, the Note Purchase Agreement or the Security Reimbursement Agreement, which default shall continue uncured for fifteen (15) 15 days after receipt of written notice to the Company thereof;

Appears in 1 contract

Samples: Reimbursement Agreement (Smart Online Inc)

Non-Performance of Affirmative Covenants. The Company shall default in the due observance or performance of any material covenant set forth in the Note, the Note Purchase Agreement or the Security Reimbursement Agreement, which default shall continue uncured for fifteen (15) 15 days after receipt of written notice to the Company thereof;; (c)

Appears in 1 contract

Samples: Reimbursement Agreement

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Non-Performance of Affirmative Covenants. The Company shall default in the due observance or performance of any material covenant set forth in the Note, the Note Purchase Agreement or the Security Agreement, which default shall continue uncured for fifteen thirty (1530) days after receipt of written notice to the Company thereof;

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Oxygen Biotherapeutics, Inc.)

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