Common use of Action if Bankruptcy Clause in Contracts

Action if Bankruptcy. If any Event of Default described in clauses (iii)(a) through (d) of Section 5A shall occur, the Principal Amount of this Debenture and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 4 contracts

Samples: Escrow Agreement (Wizard World, Inc.), Wizard World, Inc., Wizard World, Inc.

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Action if Bankruptcy. If any Event of Default described in clauses (iii)(a) through (d) of Section 5A 5.1.2 shall occur, the Principal Amount outstanding principal amount of this Debenture the Notes and all other obligations hereunder Obligations shall automatically be and become immediately due and payablepayable without notice, without notice demand or demandpresentment.

Appears in 2 contracts

Samples: Purchase Agreement (Horizon Offshore Inc), Purchase Agreement (Horizon Offshore Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iii)(a) through (de) of Section 5A 6A shall occur, the Principal Amount of this Debenture Debenture, all accrued but unpaid interest thereon, and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: MamaMancini's Holdings, Inc.

Action if Bankruptcy. If any Event of Default described in clauses (iii)(a) through (d) of Section 5A shall occur, the Principal Amount Loan amount of this Debenture and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Hardwired Interactive, Inc.

Action if Bankruptcy. If any Event of Default described in clauses (iii)(ac)(1) through (d5) of Section 5A 8(i) shall occur, the Principal Amount of this Debenture Note, all accrued but unpaid interest thereon, and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Kannalife Inc

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Action if Bankruptcy. If any Event of Default described in clauses (iii)(aii)(a) through (d) of Section 5A shall occur, the Principal Amount of this Debenture and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Sombrio Capital Corp

Action if Bankruptcy. If any Event of Default described in clauses (iii)(aiv)(a) through (d) of Section 5A 6A shall occur, the Principal Amount of this Debenture and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: BioNeutral Group, Inc

Action if Bankruptcy. If any Event of Default described in clauses (iii)(a) through (de) of Section 5A shall occur, the Principal Amount of this Debenture Debenture, all accrued but unpaid interest thereon, and all other obligations hereunder shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Convertible Debenture (Sports Field Holdings, Inc.)

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