Common use of By the Lender Clause in Contracts

By the Lender. The failure of the Lender to fund pursuant to Section 203(a) hereof in the event that a proper Officer's Certificate pursuant to Section 1001(a) is received and the Company is in compliance with all covenants of this Agreement and the Note. SECTION 502. Acceleration of Maturity, Rescission and Annulment; Other Remedies.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Micro General Corp), Convertible Note Purchase Agreement (Micro General Corp)

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By the Lender. The failure of the Lender to fund pursuant to Section 203(a) hereof in the event that a proper Officer's Certificate pursuant to Section 1001(a) is received and the Company is in compliance with all covenants of this Agreement and the Note. SECTION 502602. Acceleration of MaturityACCELERATION OF MATURITY, Rescission and AnnulmentRESCISSION AND ANNULMENT; Other RemediesOTHER REMEDIES.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Micro General Corp)

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By the Lender. The failure of the Lender to fund pursuant to Section 203(a) hereof in the event that a proper Officer's Certificate pursuant to Section 1001(a) is received and the Company is in compliance with all covenants of this Agreement and the Note. SECTION 502. Acceleration of MaturityACCELERATION OF MATURITY, Rescission and AnnulmentRESCISSION AND ANNULMENT; Other RemediesOTHER REMEDIES.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Micro General Corp)

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