Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Sources: Securities Purchase Agreement (American Champion Entertainment Inc), Securities Purchase Agreement (American Champion Entertainment Inc), Securities Purchase Agreement (Computerized Thermal Imaging Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Advanced Viral Research Corp), Securities Purchase Agreement (Natural Health Trends Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company or its Subsidiary 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 defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 7 contracts
Sources: Securities Purchase Agreement (Omnicomm Systems Inc), Securities Purchase Agreement (Omnicomm Systems Inc), Securities Purchase Agreement (American Security Resources Corp.)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Alcohol Sensors International LTD), Securities Purchase Agreement (Citadel Technology Inc), Securities Purchase Agreement (Escalon Medical Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Esat Inc), Securities Purchase Agreement (Colormax Technologies Inc), Securities Purchase Agreement (Satx Inc)
Absence of Events of Default. Except as set forth in Annex V hereto and Section 3(e) hereof), no Event of Default (or its equivalent term)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 (or its equivalent term) (as so defined in such agreementdefined), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Harvest Restaurant Group Inc), Securities Purchase Agreement (All American Food Group Inc), Securities Purchase Agreement (Harvest Restaurant Group Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereofthe Company's SEC Documents, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Zapworld Com), Securities Purchase Agreement (Henley Healthcare Inc), Securities Purchase Agreement (Dynagen Inc)
Absence of Events of Default. Except as set forth on Annex II or in Section 3(e) hereof, no Event of Default (or its equivalent term), as defined in the respective agreement to which the Company or its Subsidiary 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 defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeMaterial Adverse Effect.
Appears in 2 contracts
Sources: Note and Warrant Purchase Agreement (RADIENT PHARMACEUTICALS Corp), Note and Warrant Purchase Agreement (RADIENT PHARMACEUTICALS Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or the financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Sources: Securities Purchase Agreement (TTR Inc), Securities Purchase Agreement (Ambient Corp /Ny)
Absence of Events of Default. Except as set forth in Section 3(e) hereofAnnex V hereto, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 2 contracts
Sources: Securities Purchase Agreement (U S Wireless Data Inc), Securities Purchase Agreement (Wasatech Interactive Learning Corp)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Sources: Securities Purchase Agreement (Tanners Restaurant Group Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or operations, financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Sources: Securities Purchase Agreement (Stockgroup Com Holdings Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereofAnnex V hereto, no ---------------------------- Event of Default (or its equivalent term)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 (or its equivalent term) (as so defined in such agreementdefined), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 1 contract
Sources: Stock Purchase Agreement (Paradigm Technology Inc /De/)
Absence of Events of Default. Except as set forth in Section 3(e) hereofthe Company's SEC Documents, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (operations, financial or otherwise) condition, or results of operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Absence of Events of Default. Except as set forth in Annex V hereto and Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or Company's financial condition (financial or otherwise) or results of operations of the Company and its subsidiaries, taken as a wholeoperations.
Appears in 1 contract
Sources: Securities Purchase Agreement (Preiss Byron Multimedia Co Inc)
Absence of Events of Default. Except as set forth in Section 3(e) hereof, no Event of Default (or its equivalent term), 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 (or its equivalent term) (as so defined in such agreement), has occurred and is continuing, which would have a material adverse effect on the business, operations or condition (financial or otherwise) ), or results of operations of the Company and its subsidiaries, subsidiaries taken as a whole.
Appears in 1 contract
Sources: Securities Purchase Agreement (Play Co Toys & Entertainment Corp)