Common use of Breach of Representations and Warranties by the Company Clause in Contracts

Breach of Representations and Warranties by the Company. If the Company breaches any of the representations or warranties set forth in this Section 3, which breach remains uncured or unwaived for a period of ten (10) business days following the Company’s receipt of notice of such breach, then and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sti Group Inc)

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Breach of Representations and Warranties by the Company. If the Company breaches any of the representations or warranties set forth in this Section 3, which breach remains uncured or unwaived for a period of ten (10) business days following the Company’s receipt of notice of such breach, then and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fem One Inc)

Breach of Representations and Warranties by the Company. If the Company breaches any of the representations or warranties set forth in this Section 3, which breach remains uncured or unwaived for a period of ten (10) business days following the Company’s 's receipt of notice of such breach, then and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fem One Inc)

Breach of Representations and Warranties by the Company. If The Company agrees that if the Company breaches any of the representations or warranties set forth in this Section 33 in any material respect, which and such breach remains uncured or unwaived continues for a period of ten seven (107) business days following after written notice thereof to the Company’s receipt of notice of such breachCompany from the Buyer, then and in addition to any other remedies available to the Buyers Buyer pursuant to this AgreementAgreement and it being considered an Event of Default under Section 3.5 of the Note, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Organicell Regenerative Medicine, Inc.)

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Breach of Representations and Warranties by the Company. If the Company breaches any of the representations or warranties set forth in this Section 3, which breach remains uncured or unwaived for a period of ten (10) business days following the Company’s 's receipt of notice of such breach, then and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mt Ultimate Healthcare Corp)

Breach of Representations and Warranties by the Company. If The Company agrees that if the Company breaches any of the representations or warranties set forth in this Section 3, which 3 in any material respect and such breach remains uncured or unwaived continues for a period of ten seven (107) business days following after written notice thereof to the Company’s receipt of notice of such breach, then and Company from the Buyer. in addition to any other remedies available to the Buyers Buyer pursuant to this AgreementAgreement and it being considered an Event of Default under Section 3.5 of the Note, the Company shall pay to the Buyer the Standard Liquidated Damages Amount in cash or in shares of Common Stock Stock, at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Organicell Regenerative Medicine, Inc.)

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