Common use of Breach of Covenants Clause in Contracts

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 19 contracts

Samples: Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (Canbiola, Inc.), Securities Purchase Agreement (Vet Online Supply Inc)

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Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten twenty (1020) days after written notice thereof to the Borrower from the Holder.

Appears in 14 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Securities Purchase Agreement (Growlife, Inc.), Securities Purchase Agreement (Growlife, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 12 contracts

Samples: Securities Purchase Agreement (Byzen Digital, Inc.), Equity Purchase Agreement (Two Hands Corp), Securities Purchase Agreement (Chron Organization, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.;

Appears in 5 contracts

Samples: Securities Purchase Agreement (Fuelstream INC), Securities Purchase Agreement (TagLikeMe Corp.), Covertible Promissory Note (Pristine Solutions Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note or any other documents entered into between the Borrower and any collateral documents including but not limited the Holder the breach of which has (or with the passage of time will have) a material adverse effect on the rights of the Holder with respect to the Purchase Agreement this Note and such breach continues for a period is not cured within 10 business days of ten (10) days after written notice thereof to the Borrower from the Holderdate of such breach.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten seven (107) days after written notice thereof to the Borrower from the Holder.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Vet Online Supply Inc), Securities Purchase Agreement (Carolco Pictures, Inc.), Securities Purchase Agreement (Vet Online Supply Inc)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten thirty (1030) days after written notice thereof to the Borrower from the Holder.

Appears in 4 contracts

Samples: Funding Agreement (Global Equity International Inc), Funding Agreement (Global Equity International Inc), Funding Agreement (Global Equity International Inc)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Revolving Line of Credit Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 3 contracts

Samples: Extension Agreement (5Barz International, Inc.), Addendum Agreement (CelLynx Group, Inc.), Addendum Agreement (5Barz International, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Exchange Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 3 contracts

Samples: Eventure Interactive, Inc., Eventure Interactive, Inc., Eventure Interactive, Inc.

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Assignment of Debt Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 3 contracts

Samples: Assignment of Debt Agreement, Assignment of Debt Agreement (Sunvesta, Inc.), Assignment of Debt Agreement (Sunvesta, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Assignment Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 2 contracts

Samples: Debt Agreement, Assignment of Debt Agreement (Sunvesta, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to Debenture or the Purchase Agreement (together, the “Collateral Documents”) and such breach has a Material Adverse Effect and continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cybergy Holdings, Inc.), Securities Purchase Agreement (Mount Knowledge Holdings, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the HolderHolder (except that no cure period shall apply for the Borrower’s breach of Section 4.16 of this Note).

Appears in 2 contracts

Samples: Assignment Agreement (Digerati Technologies, Inc.), Assignment Agreement (Digerati Technologies, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained herein in this Note and any collateral documents including but not limited to material respect, or in the Purchase Agreement and such breach continues for a period of ten thirty (1030) days after written notice thereof to the Borrower from the Holder.;

Appears in 1 contract

Samples: Ceelox Inc.

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten five (105) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Growlife, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term term, or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mphase Technologies Inc)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and or in any collateral documents documents, including but not limited to the Purchase Agreement Restructuring Agreement, or in any other agreements, promissory notes, or contracts between the Borrower and any of its Affiliates, on the one hand, and the Holder or any of its Affiliates, on the other hand, and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Stock Redemption Agreement (Ngen Technologies Holdings Corp.)

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Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten twenty (1020) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gelstat Corp)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note or any other documents entered into between the Borrower and any collateral documents including but not limited the Holder the breach of which has (or with the passage of time will have) a material adverse effect on the rights of the Holder with respect to the Purchase Agreement this Note and such breach continues for a period is not cured within 10 business days of ten (10) days after written notice thereof to the Borrower from the Holder.date of such breach. ​

Appears in 1 contract

Samples: Securities Purchase Agreement (Digital Brands Group, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement Debenture, and such breach continues for a period of ten (10) business days after written notice thereof to the Borrower from the Holder.;

Appears in 1 contract

Samples: Securities Purchase Agreement (Skybridge Wireless Inc)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and Warrant and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mass Hysteria Entertainment Company, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.. Borrower _______________ Holder _______________

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (TechCare Corp.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten twenty (1020) days after written notice thereof to the Borrower Maker from the Holder.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Bowmo, Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained herein or in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten thirty (1030) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: First Blush Brands, Inc.

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Elite Data Services, Inc.

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to or the Purchase Agreement and such breach continues for a period of ten (10) twenty days after written notice thereof to the Borrower from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (NovAccess Global Inc.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.Holder with no steps to cure by the Borrower;

Appears in 1 contract

Samples: Securities Purchase Agreement (Titan Iron Ore Corp.)

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in of this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of ten (10) days after written notice thereof to the Borrower from the Holder.;

Appears in 1 contract

Samples: Securities Purchase Agreement (First Corp /Cn/)

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