Common use of Breaches of Covenants Clause in Contracts

Breaches of Covenants. The Company shall (i) fail to observe or perform any covenant, obligation, condition or agreement contained in this Note or the other Transaction Documents (other than those specified in Section 6(a)) and such failure to observe or perform shall not have been cured within ten (10) days of the Company’s receipt of the Majority Holders’ written notice to the Company of such failure to observe or perform or (ii) any of the Transaction Documents shall cease to be, or shall be asserted by the Company, not to be a legal, valid and binding obligation of the Company, enforceable in accordance with its terms; or

Appears in 5 contracts

Samples: Subordination Agreement (Lewis & Clark Ventures I, LP), Subordination Agreement (Gonzalez May Carlos Alfredo), Subordination Agreement (Series Greenlight, a Separate Series of BlueIO Growth LLC)

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