Common use of Failure to Deliver Common Stock or Replacement Note Clause in Contracts

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and Section 9 of the Security Agreement if such failure to timely deliver Common Stock shall not be cured within two (2) business days, or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's failure to deliver a replacement Note is not cured within seven (7) business days.

Appears in 2 contracts

Samples: Inyx Inc, Ventures National Inc

AutoNDA by SimpleDocs

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note and Section 9 of the Security Agreement if such failure to timely deliver Common Stock shall not be cured within two (2) business days, or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's ’s failure to deliver a replacement Note is not cured within seven (7) business days.

Appears in 1 contract

Samples: Secured Revolving Note (Micro Component Technology Inc)

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Securities Purchase Agreement, if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required failure to issue to Holder deliver a replacement Note, and the Borrower's if such failure to deliver a replacement Note is not cured within seven (7) business days.Business Days. DEFAULT RELATED PROVISIONS

Appears in 1 contract

Samples: Ophthalmic Imaging Systems

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Securities Purchase Agreement, or if required, a replacement Note, if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business days.

Appears in 1 contract

Samples: Electric City Corp

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Securities Purchase Agreement, or if required, a replacement Note if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business daysBusiness Days after notice thereof.

Appears in 1 contract

Samples: Equifin Inc

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver cause the delivery of the Common Stock to the Holder pursuant to and in the form required by this Note and Section 9 of the Security Agreement Agreement, if such failure to timely deliver cause such delivery of the Common Stock shall not be cured within two (2) business days, or if required, the . If Borrower is required to issue to Holder a replacement Note, and the Borrower's failure to deliver a replacement Note is not cured to Holder and Borrower shall fail to execute and deliver such replacement Note within seven (7seven7) business daysBusiness Days.

Appears in 1 contract

Samples: Global Digital Solutions Inc

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Securities Purchase Agreement, if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required failure to issue to Holder deliver a replacement Note, and the Borrower's if such failure to deliver a replacement Note is not cured within seven (7) business daysBusiness Days.

Appears in 1 contract

Samples: Ophthalmic Imaging Systems

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note, or if required, a replacement Note and Section 9 of the Security Agreement if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business days.

Appears in 1 contract

Samples: Tidel Technologies Inc

AutoNDA by SimpleDocs

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Purchase Agreement, or if required, a replacement Note if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business daysBusiness Days.

Appears in 1 contract

Samples: Convertible Term Note (Axesstel Inc)

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Securities Purchase Agreement, or if required, a replacement Note if such failure to timely deliver Common Stock shall not be cured within two (2) business days, days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business days.Business Days. DEFAULT RELATED PROVISIONS

Appears in 1 contract

Samples: Convertible Term Note (Electric City Corp)

Failure to Deliver Common Stock or Replacement Note. The Borrower's ’s failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Agreement, or if required, a replacement Note if such failure to timely deliver Common Stock shall not be cured within two (2) business days, Business Days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business daysBusiness Days.

Appears in 1 contract

Samples: Transgenomic Inc

Failure to Deliver Common Stock or Replacement Note. The Borrower's failure to timely deliver Common Stock to the Holder pursuant to and in the form required by this Note Note, and Section 9 of the Security Agreement Agreement, or if required, a replacement Note if such failure to timely deliver Common Stock shall not be cured within two (2) business days, Business Days or if required, the Borrower is required to issue to Holder a replacement Note, and the Borrower's such failure to deliver a replacement Note is not cured within seven (7) business daysBusiness Days.

Appears in 1 contract

Samples: Transgenomic Inc

Time is Money Join Law Insider Premium to draft better contracts faster.