Common use of No Events of Default Clause in Contracts

No Events of Default. There shall exist no Event of Default or any event which, with the passage of time or the giving of notice or both, would constitute an Event of Default; and

Appears in 8 contracts

Samples: Loan Agreement (Vasco Data Security International Inc), Loan Agreement (Fonix Corp), Loan Agreement (Security First Technologies Corp)

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No Events of Default. There shall exist no Event of Default or any Default, as defined in Section 11 hereof, and no event which, with the passage upon notice or lapse of time or the giving of notice or both, would constitute such an Event of Default; and.

Appears in 2 contracts

Samples: Convertible Loan Agreement (Roundball LLC), Convertible Loan Agreement (Hickok Inc)

No Events of Default. There shall exist no Event of Default or any event which, with the passage of time or the giving of notice or both, would constitute an Event of Default; and;

Appears in 2 contracts

Samples: Loan Agreement (Evercel Inc), Loan Agreement (Kurzweil Applied Intelligence Inc /De/)

No Events of Default. There shall exist no Event of Default or any Default, as defined in Section 9 hereof, and no event which, with the passage upon notice or lapse of time or the giving of notice or both, would constitute such an Event of Default; and.

Appears in 1 contract

Samples: Loan Agreement (Iron Mining Group, Inc.)

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No Events of Default. There shall exist no default or Event of Default or any event which, with the passage of time or the giving of notice or both, would constitute an Event of Default; and;

Appears in 1 contract

Samples: Loan Agreement (Fischer Imaging Corp)

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