Common use of Breach of Representations and Warranties by the Company Clause in Contracts

Breach of Representations and Warranties by the Company. The Company agrees that if the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect, and such breach continues for a period of seven (7) days after written notice thereof to the Company from the Buyer, in addition to any other remedies available to the Buyer pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the Note, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) 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 Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Organicell Regenerative Medicine, Inc.)

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Breach of Representations and Warranties by the Company. The Company agrees that if If the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect3, and such which breach continues remains uncured or unwaived for a period of seven ten (710) business days after written following the Company’s receipt of notice thereof to the Company from the Buyerof such breach, then and in addition to any other remedies available to the Buyer Buyers pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the NoteAgreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) 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 Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sti Group Inc)

Breach of Representations and Warranties by the Company. The Company agrees that if the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect, respect and such breach continues for a period of seven (7) days after written notice thereof to the Company from the Buyer, . in addition to any other remedies available to the Buyer pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the Note, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) in cash or in shares of Common Stock Stock, at the option of the Company, until such breach is cured. If the Company elects to pay the Standard Liquidated Damages Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Organicell Regenerative Medicine, Inc.)

Breach of Representations and Warranties by the Company. The Company agrees that if If the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect3, and such which breach continues remains uncured or unwaived for a period of seven ten (710) business days after written following the Company’s receipt of notice thereof to the Company from the Buyerof such breach, then in addition to any other remedies available to the Buyer Buyers pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the NoteAgreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) 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 Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fem One Inc)

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Breach of Representations and Warranties by the Company. The Company agrees that if If the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect3, and such which breach continues remains uncured or unwaived for a period of seven ten (710) business days after written following the Company's receipt of notice thereof to the Company from the Buyerof such breach, then in addition to any other remedies available to the Buyer Buyers pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the NoteAgreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) 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 Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fem One Inc)

Breach of Representations and Warranties by the Company. The Company agrees that if If the Company breaches any of the representations or warranties set forth in this Section 3 in any material respect3, and such which breach continues remains uncured or unwaived for a period of seven ten (710) business days after written following the Company's receipt of notice thereof to the Company from the Buyerof such breach, then and in addition to any other remedies available to the Buyer Buyers pursuant to this Agreement and it being considered an Event of Default under Section 3.5 of the NoteAgreement, the Company shall pay to the Buyer the Standard Liquidated Damages Amount (as hereinafter defined) 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 Amounts in shares of Common Stock, such shares shall be issued at the Conversion Price at the time of payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mt Ultimate Healthcare Corp)

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