Defaults. The following events shall be "Events of Default": (a) The occurrence of an Event of Default (as defined in the Notes) under the Notes; (b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made; (c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and (d) Any breach of, or default under, the Warrants.
Appears in 72 contracts
Sources: Security Agreement (Itronics Inc), Security Agreement (Modern Technology Corp), Security Agreement (Modern Technology Corp)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 67 contracts
Sources: Intellectual Property Security Agreement (Furia Organization Inc /De/), Intellectual Property Security Agreement (Modern Technology Corp), Intellectual Property Security Agreement (Modern Technology Corp)
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 44 contracts
Sources: Security Agreement (Investview, Inc.), Security Agreement (Investview, Inc.), Security Agreement (Global Investor Services, Inc.)
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 33 contracts
Sources: Intellectual Property Security Agreement (Crystal International Travel Group, Inc.), Intellectual Property Security Agreement (Admiralty Holding Co), Intellectual Property Security Agreement (Wi-Fi Tv Inc)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 22 contracts
Sources: Security Agreement (Seaview Video Technology Inc), Security Agreement (Idial Networks Inc), Security Agreement (Idial Networks Inc)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 16 contracts
Sources: Intellectual Property Security Agreement (Idial Networks Inc), Intellectual Property Security Agreement (Fullcircle Registry Inc), Intellectual Property Security Agreement (Central Wireless Inc)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;; and
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 8 contracts
Sources: Security Agreement (IGIA, Inc.), Security Agreement (IGIA, Inc.), Security Agreement (Conectisys Corp)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;; and
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 5 contracts
Sources: Security Agreement (Dibz International Inc), Security Agreement (Conectisys Corp), Security Agreement (Jackson Rivers Co)
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 3 contracts
Sources: Security Agreement (ID Global Solutions Corp), Security Agreement (Clickable Enterprises Inc), Security Agreement (Lithium Technology Corp)
Defaults. The following events shall be "Events of Default":: -------- -----------------
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 3 contracts
Sources: Security Agreement (Amnis Systems Inc), Security Agreement (Roanoke Technology Corp), Security Agreement (Airtech International Group Inc)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, under the Warrants.
Appears in 2 contracts
Sources: Security Agreement (Collectible Concepts Group Inc), Security Agreement (Sitestar Corp)
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The material failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 2 contracts
Sources: Security Agreement (Innofone Com Inc), Security Agreement (Innofone Com Inc)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement Agreement, if any, shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its material obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any material breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":: -------- -------------------
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the Notes;
Debentures; (b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
; (c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
and (d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants, if any.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (Camelot Entertainment Group, Inc.)
Defaults. The following events shall be "Events of Default":: -------- -----------------
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":: -------- -----------------
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any material breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (Pediatric Prosthetics Inc)
Defaults. The following events shall be "Events of Default":: -------- -------------------
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following following, events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrantsdefault.
Appears in 1 contract
Sources: Security Agreement (Camelot Entertainment Group, Inc.)
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
and (d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Purchase Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Purchase Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any material breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (Pediatric Prosthetics Inc)
Defaults. The following events shall be "Events of -------- Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Security Agreement (Med Gen Inc)
Defaults. The following events shall be "Events of Default":: -------- -----------------
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the Notes;
Debentures; (b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, under the WarrantsWarrant.
Appears in 1 contract
Sources: Security Agreement (Aquatic Cellulose International Corp)
Defaults. The following events shall be "Events of -------- Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (Med Gen Inc)
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Security Agreement (Green Envirotech Holdings Corp.)
Defaults. The following events shall be "Events of Default":
(a) A. The occurrence of an Event of Default (as defined in the NotesDebentures) under the NotesDebentures;
(b) B. Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) C. The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) D. Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":: -------- -------------------
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its material obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any material breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrantsdefault.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
and (d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default"”:
(a) The occurrence of an Event of Default (as defined in the Secured Notes) under the Secured Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Purchase Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Purchase Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "“Events of Default":”: PHL_A #1954340 v1
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Defaults. The following events shall be "Events of Default":: -------- -----------------
(a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;
(b) Any representation or warranty of the Company in this Agreement or in the Intellectual Property Security Agreement shall prove to have been incorrect in any material respect when made;
(c) The failure by the Company to observe or perform any of its obligations hereunder or in the Intellectual Property Security Agreement for ten (10) days after receipt by the Company of notice of such failure from the Secured Party; and
(d) Any breach of, or default under, the Warrants.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (Mt Ultimate Healthcare Corp)