Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Samples: Securities Purchase Agreement (American Champion Entertainment Inc), Securities Purchase Agreement (American Champion Entertainment Inc), Securities Purchase Agreement (American Champion Entertainment Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Imaging Diagnostic Systems Inc /Fl/), Securities Purchase Agreement (Imaging Diagnostic Systems Inc /Fl/)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company or its Subsidiary is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 7 contracts
Samples: Securities Purchase Agreement (American Security Resources Corp.), Securities Purchase Agreement (Skystar Bio-Pharmaceutical Co), Securities Purchase Agreement (Omnicomm Systems Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Lj International Inc), Securities Purchase Agreement (Esat Inc), Securities Purchase Agreement (Colormax Technologies Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company or any of its subsidiaries is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Flexxtech Corp), Lock Up Agreement (Flexxtech Corp)
Absence of Events of Default. Except as set forth on Annex II or in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company or its Subsidiary is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (RADIENT PHARMACEUTICALS Corp), Note and Warrant Purchase Agreement (RADIENT PHARMACEUTICALS Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ambient Corp /Ny), Securities Purchase Agreement (TTR Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Stockgroup Com Holdings Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Play Co Toys & Entertainment Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Tanners Restaurant Group Inc)
