Common use of Time is of Essence Clause in Contracts

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 12 contracts

Samples: Registration Rights Agreement (WPCS International Inc), Registration Rights Agreement (WPCS International Inc), Registration Rights Agreement (WPCS International Inc)

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Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders Holder to sell their its Registerable Securities as quickly as possible after such Holders have the Holder has indicated to the Company that they desire their its Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 10 contracts

Samples: Registration Rights Agreement (Digital Power Corp), Registration Rights Agreement (Chron Organization, Inc.), Registration Rights Agreement (Digital Power Corp)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Registrable Securities as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities to be registeredpossible. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 4 contracts

Samples: Intelgenx Technologies Corp. Registration Rights Agreement (IntelGenx Technologies Corp.), Registration Rights Agreement (IntelGenx Technologies Corp.), Registration Rights Agreement (IntelGenx Technologies Corp.)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Registrable Securities as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Registrable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 4 contracts

Samples: Registration Rights Agreement (Magic Lantern Group Inc), Stock Purchase Agreement (Webstakes Com Inc), Registration Rights Agreement (American Champion Entertainment Inc)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities as quickly as possible after such Holders Holder have indicated to the Company that they desire their Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Euroweb International Corp), Registration Rights Agreement (Fleminghouse Investments LTD)

Time is of Essence. The Company agrees that time is of the essence of for each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities Shares as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities Shares to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Elite Pharmaceuticals Inc /De/), Registration Rights Agreement (Intellipharmaceutics LTD)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Registrable Securities as quickly as possible after such Holders Holder have indicated to the Company that they desire their Registerable it desires its Registrable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Financial Intranet Inc/Ny), Registration Rights Agreement (Financial Intranet Inc/Ny)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders Holder to sell their Registerable Securities as quickly as possible after such Holders Holder have indicated to the Company that they desire their Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Molecular Diagnostics Inc), Registration Rights Agreement (Molecular Diagnostics Inc)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to have the ability to sell their Registerable Securities as quickly as possible after such Holders have indicated to the Company that they desire their registration statement covering the Registerable Securities is to be registeredfiled in accordance with the terms of this Agreement. Any delay on the part of the Company not expressly permitted under this AgreementAgreement which exceeds five (5) days, whether otherwise material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Insci Statements Com Corp)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders Holder to sell their Registerable Securities his Shares as quickly as possible after such Holders have Holder has indicated to the Company that they desire their Registerable Securities he desires his Shares to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (He Ro Group LTD)

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Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities Acquisition Shares as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities to be registeredpossible. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Rattlesnake Holding Co Inc)

Time is of Essence. The Company agrees that time is of the essence of for each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Oboisie Corp)

Time is of Essence. The Company agrees that time is of the essence of for each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders a Holder to sell their Registerable Securities the Shares as quickly as possible after such Holders have Holder has indicated to the Company that they desire their Registerable Securities she desires the Shares to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Premier Alliance Group, Inc.)

Time is of Essence. The Company agrees that time is of the essence of for each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities Underlying Shares as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities Underlying Shares to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Hemispherx Biopharma Inc)

Time is of Essence. The Company agrees that time is of the essence of each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their its Registerable Securities as quickly as possible after such Holders have the Holder has indicated to the Company that they desire their it desires its Registerable Securities to be registered. Any delay on the part of the Company not expressly permitted under this Agreement, whether material or not, shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Euroweb International Corp)

Time is of Essence. The Company agrees that time is of the essence of for each of the covenants contained herein and that, in the event of a dispute hereunder, this Agreement is to be interpreted and construed in a manner that will enable the Holders to sell their Registerable Securities Shares as quickly as possible after such Holders have indicated to the Company that they desire their Registerable Securities Shares to be registered. Any material delay on the part of the Company not expressly permitted under this Agreement, whether material or not, Agreement shall be deemed a material breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Si Technologies Inc)

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