Common use of Action Clause in Contracts

Action. The Noteholder has taken no action that would impair its ability to transfer the Note.

Appears in 15 contracts

Sources: Exchange Agreement (Minerco Resources, Inc.), Exchange Agreement (Minerco Resources, Inc.), Exchange Agreement (Minerco Resources, Inc.)

Action. The Noteholder has taken no action that would impair its ability to transfer the NoteConvertible Promissory Notes and Accrued Interest.

Appears in 2 contracts

Sources: Exchange Agreement (Monaker Group, Inc.), Exchange Agreement (Monaker Group, Inc.)