Common use of Reservation Default Clause in Contracts

Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the Note the amount of Common stock as set forth in this Note. [THIS SPACE INTENTIONALLY LEFT BLANK]

Appears in 3 contracts

Samples: Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc), Convertible Note (Venta Global Inc)

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Reservation Default. Failure by the Borrower to have reserved for issuance upon conversion of the this Note the amount of Common stock as set forth in this Note. [THIS SPACE INTENTIONALLY LEFT BLANK];

Appears in 1 contract

Samples: Red Giant Entertainment, Inc.

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Reservation Default. Failure Subject to Section 2.4 hereof , failure by the Borrower to have reserved for issuance upon conversion of the Note the amount of Common stock Stock as set forth in this Note. [THIS SPACE INTENTIONALLY LEFT BLANK].

Appears in 1 contract

Samples: Convertible Note (Omnimmune Holdings, Inc.)

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