Common use of Absence of Events of Default Clause in Contracts

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 22 contracts

Sources: Investment Agreement (Pitooey!, Inc.), Standby Equity Distribution Agreement (American Power Corp.), Standby Equity Distribution Agreement (Freeseas Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effectmaterial adverse effect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 6 contracts

Sources: Equity Line of Credit Agreement (Advanced Viral Research Corp), Standby Equity Distribution Agreement (City Network Inc), Line of Credit Agreement (Tcpi Inc)

Absence of Events of Default. Except for matters described in ---------------------------- the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 5 contracts

Sources: Standby Equity Distribution Agreement (Roanoke Technology Corp), Standby Equity Distribution Agreement (Falcon Natural Gas Corp), Standby Equity Distribution Agreement (China World Trade Corp)

Absence of Events of Default. Except for matters described in the SEC Documents Filings and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company’s business, properties, prospects, financial condition or results of operations.

Appears in 3 contracts

Sources: Committed Equity Facility Agreement (Solar Wind Energy Tower, Inc.), Committed Equity Facility Agreement (Solar Wind Energy Tower, Inc.), Committed Equity Facility Agreement (Solar Wind Energy Tower, Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and or is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 3 contracts

Sources: Equity Line of Credit Agreement (Cirtran Corp), Equity Line of Credit Agreement (Cirtran Corp), Equity Line of Credit Agreement (Cirtran Corp)

Absence of Events of Default. Except for matters described ---------------------------- in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 3 contracts

Sources: Equity Line of Credit Agreement (Forefront Inc), Equity Line of Credit Agreement (Forefront Inc), Equity Line of Credit Agreement (Forefront Inc)

Absence of Events of Default. Except for matters described as set forth in the SEC Documents and/or and this Agreement, no Event of Default, as defined in the respective any agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 3 contracts

Sources: Secured Convertible Note Purchase Agreement (Interiors Inc), Secured Convertible Note Purchase Agreement (Interiors Inc), Secured Convertible Debenture Purchase Agreement (American International Petroleum Corp /Nv/)

Absence of Events of Default. Except for matters -------------------------------- described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 3 contracts

Sources: Standby Equity Distribution Agreement (Intrepid Technology & Resource Inc), Standby Equity Distribution Agreement (Zann Corp), Standby Equity Distribution Agreement (Donobi Inc)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement agreements to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 3 contracts

Sources: Standby Equity Purchase Agreement (Tower Semiconductor LTD), Standby Equity Purchase Agreement (Tower Semiconductor LTD), Standby Equity Purchase Agreement (Tower Semiconductor LTD)

Absence of Events of Default. Except for matters described as set forth in the SEC Documents and/or Documents, the Disclosure Schedule and this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effectmaterial adverse effect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 2 contracts

Sources: Line of Credit Agreement (Cyco Net Inc), Line of Credit Agreement (Cyco Net Inc)

Absence of Events of Default. Except for matters described as disclosed in the Company’s SEC Documents and/or this AgreementDocuments, no Event of DefaultDefault (or its equivalent term), as defined in the respective agreement agreement, indenture, mortgage, deed of trust or other instrument to which the Company or any of its subsidiaries is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (or its equivalent term) (as so defineddefined in such document), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Eye Care International Inc), Securities Purchase Agreement (Amacore Group, Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event event of Defaultdefault, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event event of Default default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 2 contracts

Sources: Standby Equity Distribution Agreement (Omagine, Inc.), Standby Equity Distribution Agreement (Omagine, Inc.)

Absence of Events of Default. Except for matters described ---------------------------- in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company Forefront is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 2 contracts

Sources: Equity Line of Credit Agreement (Forefront Inc), Equity Line of Credit Agreement (Forefront Inc)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would reasonably be expected to have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 2 contracts

Sources: Standby Equity Distribution Agreement (Startech Environmental Corp), Standby Equity Distribution Agreement (Startech Environmental Corp)

Absence of Events of Default. Except for matters described ----------------------------- in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Intrepid Technology & Resource Inc)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, to the knowledge of the Company no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company’s business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Hydrogen Engine Center, Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event event of Defaultdefault, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event event of Default default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company’s business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Titan Pharmaceuticals Inc)

Absence of Events of Default. Except for matters described in the ------------------------------ SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Ns8 Corp)

Absence of Events of Default. Except for matters described as set forth in the SEC Documents and/or Reports and this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 1 contract

Sources: Private Equity Line of Credit Agreement (Imaging Diagnostic Systems Inc /Fl/)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company’s business, properties, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Cenuco Inc)

Absence of Events of Default. Except for matters described in the SEC ---------------------------- Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Equity Line of Credit Agreement (Medix Resources Inc)

Absence of Events of Default. Except for matters described as set forth in the SEC Documents and/or and this Agreement, no Event of Default, as defined in the respective any agreement to which the Company Interiors is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 1 contract

Sources: Convertible Note Exchange Agreement (Interiors Inc)

Absence of Events of Default. Except for matters described in the SEC Documents and/or or this Agreement, no Event event of Defaultdefault or similar circumstances, as defined or described in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event event of Default (as so defined)default or similar circumstances, has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Lotus Pharmaceuticals, Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, Default (as such term is defined in the respective any agreement to which the Company is a party), and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.

Appears in 1 contract

Sources: Equity Investment Agreement (Valmie Resources, Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, which would have a Material Adverse Effect.of

Appears in 1 contract

Sources: Standby Equity Distribution Agreement

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event of Default, as defined in the respective any material agreement to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event of Default (as so defined), has occurred and is continuing, in either case which would have a Material Adverse EffectEffect on the Company’s business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (VIASPACE Inc.)

Absence of Events of Default. Except for matters described in the SEC Documents and/or this Agreement, no Event events of Defaultdefault, as defined in the respective agreement agreements to which the Company is a party, and no event which, with the giving of notice or the passage of time or both, would become an Event event of Default default (as so defined), has occurred and is continuing, which would have a Material Adverse EffectEffect on the Company's business, properties, prospects, financial condition or results of operations.

Appears in 1 contract

Sources: Equity Line of Credit Agreement (Smartire Systems Inc)