Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and such failure continues for a period of thirty (30) business days.
Appears in 5 contracts
Samples: Subscription Agreement (Wizard World, Inc.), Subscription Agreement (Wizard World, Inc.), Subscription Agreement (Attitude Drinks Inc.)
Reservation Default. Failure The failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, Warrant the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, Agreement and such failure default continues for a period of thirty ten (3010) business daysdays after written notice to the Borrower or after the Borrower has actual knowledge of such deficiency, whichever is sooner.
Appears in 2 contracts
Samples: Subscription Agreement (Options Media Group Holdings, Inc.), Secured Note (Options Media Group Holdings, Inc.)
Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the WarrantsWarrants issued in connection with the Subscription Agreement, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and Warrants which is not cured within 30 business days of such failure continues for a period of thirty (30) business daysbreach.
Appears in 1 contract
Samples: Leakout Agreement (China Yongxin Pharmaceuticals Inc.)
Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, the number of shares amount of Common Stock stock as required set forth in the Subscription Agreement, this Note and the Warrants, Subscription Agreement and such failure continues for a period of thirty ten (3010) business daysdays after the date such failure shall have occurred.
Appears in 1 contract
Samples: Secured Convertible Note (SVC Financial Services Inc)
Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and such failure continues for a period of thirty (30) business days.
Appears in 1 contract
Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the WarrantsWarrants issued in connection with the Subscription Agreement, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and such failure continues for a period of thirty (30) business days.
Appears in 1 contract
Samples: Convertible Debenture Purchase Agreement (AirtimeDSL)
Reservation Default. Failure The failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and such failure which condition continues uncured for a period of thirty (30) 10 business days.
Appears in 1 contract
Samples: Convertible Note (Ever-Glory International Group, Inc.)
Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note or upon exercise of the Warrants, the number of shares of Common Stock as required in the Subscription Agreement, this Note and the Warrants, and such failure continues for a period of thirty ten (3010) business days.
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