Common use of Default Under Related Agreements or Other Agreements Clause in Contracts

Default Under Related Agreements or Other Agreements. The occurrence and continuance of any Event of Default (as defined in the Purchase Agreement, any Related Agreement that certain Securities Purchase Agreement, dated as of April 2, 2004, by and between the Holder and the Purchaser (as amended, modified or supplemented from time to time, the 2004 Purchase Agreement) or any Related Agreement (as defined in the 2004 Purchase Agreement)) or any event of default (or similar term) under any agreement or document relating to any indebtedness incurred by the Borrower or any of its Subsidiaries from IIG Capital LLC or any of its affiliates.

Appears in 2 contracts

Sources: Secured Convertible Term Note (Synergy Brands Inc), Secured Convertible Term Note (Synergy Brands Inc)