Common use of Other Payment Obligations Clause in Contracts

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Dollars ($500,000); or

Appears in 3 contracts

Samples: Loop Industries, Inc., Loop Industries, Inc., Security Agreement (Fluidigm Corp)

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Other Payment Obligations. Defaults shall exist under any financing agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Dollars ($500,000); orUS$5 million;

Appears in 2 contracts

Samples: Convertible Promissory Note Purchase Agreement (500.com LTD), Convertible Promissory Note Purchase Agreement (500.com LTD)

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Ten Million Dollars ($500,00010,000,000); or

Appears in 2 contracts

Samples: Arista Networks, Inc., Arista Networks, Inc.

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Dollars one hundred thousand dollars ($500,000100,000); or;

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement, Convertible Note Purchase Agreement

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five One Hundred Thousand Dollars ($500,000100,000); or

Appears in 1 contract

Samples: T Stamp Inc

Other Payment Obligations. Defaults shall exist under any agreements (other than the Notes) of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Dollars fifty thousand ($500,000)50,000) dollars; or

Appears in 1 contract

Samples: Warrant Purchase Agreement (Hempacco Co., Inc.)

Other Payment Obligations. Defaults shall exist under any financing agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand Dollars ($500,000); or100,000.00;

Appears in 1 contract

Samples: Loan Agreement (Genesis Financial Inc)

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Other Payment Obligations. Defaults shall exist under (i) any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Hundred Thousand One Million Dollars ($500,000); or1,000,000.00) or (ii) any other Note;

Appears in 1 contract

Samples: Security Agreement (Universal Security Instruments Inc)

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five Two Hundred Fifty Thousand Dollars ($500,000250,000); or

Appears in 1 contract

Samples: Peninsula Acquisition Corp

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right the exercise of rights by such third party or parties, whether or not exercised, parties to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, Company in an aggregate amount in excess of Five Hundred Thousand Dollars ($500,000); or.

Appears in 1 contract

Samples: Restricted Securities Unit Award Agreement (Cardlytics, Inc.)

Other Payment Obligations. Defaults shall exist under any agreements of the Company with any third party or parties which consists of the failure to pay any indebtedness for borrowed money at maturity or which results in a right by such third party or parties, whether or not exercised, to accelerate the maturity of such indebtedness for borrowed money of the Company, in each case, in an aggregate amount in excess of Five One Hundred Thousand Dollars ($500,000100,000); or

Appears in 1 contract

Samples: Miromatrix Medical Inc.

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