Common use of Notice of Event of Default Clause in Contracts

Notice of Event of Default. The Company agrees to notify Subscriber of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not later than ten (10) days after any of the Company’s officers or directors becomes aware of such Event of Default.

Appears in 44 contracts

Samples: Subscription Agreement (New Generation Biofuels Holdings, Inc), Subscription Agreement (Blastgard International Inc), Subscription Agreement (Attitude Drinks Inc.)

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Notice of Event of Default. The Company agrees to notify Subscriber of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not later than ten five (105) business days after any of the Company’s officers or directors becomes aware of such Event of Default.

Appears in 10 contracts

Samples: Subscription Agreement (Southern Usa Resources Inc.), Subscription Agreement (Southern Usa Resources Inc.), Subscription Agreement (BeesFree, Inc.)

Notice of Event of Default. The Company agrees to notify Subscriber of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not later than ten five (105) days after any of the Company’s officers or directors becomes aware of such Event of Default.

Appears in 10 contracts

Samples: Subscription Agreement (Cambridge Heart Inc), Subscription Agreement (Nuvel Holdings, Inc.), Subscription Agreement (Cambridge Heart Inc)

Notice of Event of Default. The Company agrees to shall notify Subscriber in writing the Subscribers of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not no later than ten (10) calendar days after any an officer of the Company’s officers or directors director becomes aware of such Event of Default. The Company shall create or maintain internal controls such that any Event of Default is promptly brought to the officers’ and directors’ attention.

Appears in 2 contracts

Samples: Subscription Agreement (Medlink International, Inc.), Subscription Agreement (Mimvi, Inc.)

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Notice of Event of Default. The Company agrees to notify Subscriber Purchaser of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not later than ten (10) days after any of the Company’s officers or directors becomes aware of such Event of Default.

Appears in 1 contract

Samples: Exchange Agreement (Megawest Energy Corp.)

Notice of Event of Default. The Company agrees to notify Subscriber BLP of the occurrence of an Event of Default (as defined and employed in the Transaction Documents) not later than ten (10) days after any of the Company’s officers or directors becomes aware of such Event of Default.

Appears in 1 contract

Samples: Lka International Inc /De/

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