Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 236 contracts
Samples: Securities Purchase Agreement (Daniels Corporate Advisory Company, Inc.), Securities Purchase Agreement (Clickable Enterprises Inc), Securities Purchase Agreement (Camelot Entertainment Group, Inc.)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the CompanyBuyer, until such breach is cured. If the Company elects Buyers elect to pay be paid the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 56 contracts
Samples: Securities Purchase Agreement (Sun Network Group Inc), Securities Purchase Agreement (Globalnet Corp), Securities Purchase Agreement (Globalnet Corp)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers Buyer pursuant to this Agreement, the Company shall pay to the Buyers Buyer the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the CompanyBuyer, until such breach is cured. If the Company Buyer elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 40 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement (China Logistics Group Inc), Securities Purchase Agreement (Cyclone Power Technologies Inc)
Breach of Covenants. If the Company materially breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Innofone Com Inc), Securities Purchase Agreement (Jackson Rivers Co), Securities Purchase Agreement (Innofone Com Inc)
Breach of Covenants. If the Company breaches any ------------------- of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Med Gen Inc), Securities Purchase Agreement (Med Gen Inc), Securities Purchase Agreement (Med Gen Inc)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to be pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Amnis Systems Inc), Securities Purchase Agreement (Amnis Systems Inc)
Breach of Covenants. If the Company breaches any of the --------------------- covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers Buyer pursuant to this Agreement, the Company shall pay to the Buyers Buyer the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (World Golf League Inc)
Breach of Covenants. If the Company breaches any of the --------------------- covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Pediatric Prosthetics Inc)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of or Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Camelot Entertainment Group, Inc.)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers Buyer pursuant to this Agreement, the Company shall pay to the Buyers Buyer the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to be pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Breach of Covenants. If the Company breaches any of the ------------------- covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the CompanyBuyer, until such breach is cured. If the Company elects Buyers elect to pay be paid the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated DMEAST #9432371 v1 17 Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Avvaa World Health Care Products Inc)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Exercise Price at the time of payment.
Appears in 1 contract
Breach of Covenants. If the Company breaches any of the ------------------- covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Epicus Communications Group Inc)
Breach of Covenants. If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyers Buyer pursuant to this Agreement, the Company shall pay to the Buyers Buyer the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the CompanyBuyer, until such breach breached is cured. If the Company Buyer elects to pay the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Freshwater Technologies Inc.)
Breach of Covenants. If the Company breaches any of the covenants ------------------- set forth in this Section 4, and in addition to any other remedies available to the Buyers pursuant to this Agreement, the Company shall pay to the Buyers the Standard Liquidated Damages Amount, in cash or in shares of Common Stock at the option of the CompanyBuyer, until such breach is cured. If the Company elects Buyers elect to pay be paid the Standard Liquidated Damages Amount in shares, such shares shall be issued at the Conversion Price at the time of payment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Roanoke Technology Corp)
