Common use of Absence of Events of Default Clause in Contracts

Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (a) its Certificate of Incorporation or bylaws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (b) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 19 contracts

Samples: Securities Purchase Agreement (Brazil Minerals, Inc.), Securities Purchase Agreement (Tauriga Sciences, Inc.), Securities Purchase Agreement (Competitive Technologies Inc)

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Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate of Incorporation or bylaws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 11 contracts

Samples: Note and Warrant Purchase Agreement (Silver Dragon Resources Inc.), Securities Purchase Agreement (Ensurge Inc), Note and Warrant Purchase Agreement (Aethlon Medical Inc)

Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate certificate of Incorporation incorporation or bylaws by-laws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Note and Warrant Purchase Agreement (Helix Wind, Corp.), Note and Warrant Purchase Agreement (Nova Energy, Inc.), Note Purchase Agreement (Helix Wind, Corp.)

Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate certificate of Incorporation incorporation or bylaws Bylaws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Note Purchase Agreement (Helix Wind, Corp.), Note Purchase Agreement (Helix Wind, Corp.), Note Purchase Agreement (Helix Wind, Corp.)

Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate Articles of Incorporation or bylaws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (High Plains Gas, Inc.), Securities Purchase Agreement (Puramed Bioscience Inc.)

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Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate of Incorporation or bylaws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse EffectEffect or any default which will be cured by the application of the proceeds of this Transaction.

Appears in 1 contract

Samples: Securities Purchase Agreement (Silver Falcon Mining, Inc.)

Absence of Events of Default. Neither the Company nor any of its Subsidiaries is in violation of or in default with respect to (ai) its Certificate of Incorporation or bylaws or other organizational documents, each as currently in effect, or or, to the knowledge of the Company, any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or or, (bii) to the knowledge of the Company, any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (MusclePharm Corp)

Absence of Events of Default. Neither the Company Borrower nor any of its Subsidiaries subsidiaries, including, without limitation, Guarantor, is in violation of or in default with respect to (ai) its Certificate certificate of Incorporation incorporation or bylaws by-laws or other organizational documents, each as currently in effect, or any material judgment, order, writ, decree, statute, rule or regulation applicable to such entity; or (bii) any material mortgage, indenture, agreement, instrument or contract to which such entity is a party or by which it or any of its properties or assets are bound (nor is there any waiver in effect which, if not in effect, would result in such a violation or default), except such breach or default which would not have or result in a Material Adverse Effect.

Appears in 1 contract

Samples: Line of Credit Agreement (Helix Wind, Corp.)

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