Common Stock Default Clause Samples

Common Stock Default. Purchaser fails to deliver shares of its common stock to Seller when due or fails or neglects to maintain a sufficient number of authorized and unissued shares to fulfill all of its obligations to Sellers and Purchaser has failed to cure the default within thirty (30) days after the occurrence thereof. This subsection 6.4(b) shall expire upon the delivery of all shares to which Sellers are entitled;