Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 25 contracts
Sources: Subsidiary Guaranty (Magic Lantern Group Inc), Subsidiary Guaranty (Certified Services Inc), Subsidiary Guaranty (American Water Star Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any property of its property the undersigned is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Lender on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 18 contracts
Sources: Guaranty (Lone Star Value Management LLC), Guaranty (MBC Funding Ii Corp.), Guaranty (MBC Funding Ii Corp.)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of ▇▇▇▇▇▇ on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 13 contracts
Sources: Subsidiary Guaranty (Accentia Biopharmaceuticals Inc), Subsidiary Guaranty (TRUEYOU.COM), Subsidiary Guaranty (Xfone Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Agent for the ratable benefit of Lenders on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 7 contracts
Sources: Guaranty (Newtek Business Services Corp.), Guaranty (Newtek Business Services Corp.), Guaranty (Newtek Business Services Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any property of its property the undersigned is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 7 contracts
Sources: Subsidiary Guaranty (Ventures National Inc), Guaranty (Equifin Inc), Subsidiary Guaranty (Innovative Companies Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of the Agent, for the ratable benefit of the Creditor Parties, on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 6 contracts
Sources: Guaranty (Rapid Link Inc), Subsidiary Guaranty (Pervasip Corp), Guaranty (New Century Energy Corp.)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of L▇▇▇▇▇ on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 6 contracts
Sources: Subsidiary Guaranty (Electric City Corp), Subsidiary Guaranty (Implant Sciences Corp), Subsidiary Guaranty (Electric City Corp)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc), Subsidiary Guaranty (Netfabric Holdings, Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any property of its property the undersigned is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Agent and Lenders on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Sources: Guaranty (Presstek Inc /De/), Guaranty (Presstek Inc /De/), Guaranty (Presstek Inc /De/)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of Lender on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Sources: Subsidiary Guaranty (Digital Angel Corp), Subsidiary Guaranty (Applied Digital Solutions Inc), Guaranty (Applied Digital Solutions Inc)
Violations. The execution, delivery and performance of this ---------- Guaranty will not violate any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Agent for the ratable benefit of Lenders on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Sources: Guaranty (Radnor Holdings Corp), Guaranty (Radnor Holdings Corp), Guaranty (Radnor Holdings Corp)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its property or assets pursuant to the provisions ▇▇▇▇isions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Subsidiary Guaranty (Incentra Solutions, Inc.), Subsidiary Guaranty (Incentra Solutions, Inc.)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any material contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus the Purchasers on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Subsidiary Guaranty (Axeda Systems Inc), Subsidiary Guaranty (Axeda Systems Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Lender on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Subsidiary Guaranty (Sequiam Corp), Subsidiary Guaranty (Trimedia Entertainment Group Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Subsidiary Guaranty (Digital Lifestyles Group Inc), Subsidiary Guaranty (Bp International Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of LV, for the ratable benefit of the Creditor Parties, on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Guaranty (Biovest International Inc), Guaranty (Accentia Biopharmaceuticals Inc)
Violations. The execution, delivery and performance of this ---------- Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.)
Violations. The execution, delivery and performance of this Amended and Restated Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Sources: Guaranty (Creative Vistas Inc), Guaranty (Creative Vistas Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate violate, in any material respect, any requirement of law applicable to it the undersigned or any material contract, agreement or instrument to it which the undersigned is a party or by which it the undersigned or any property of its property the undersigned is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its the property or assets of the undersigned pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its property or assets pursuant to the provisions pr▇▇▇▇▇▇ns of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Subsidiary Guaranty (Windswept Environmental Group Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Noteholders on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Guaranty (Epixtar Corp)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Purchaser Group on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any material contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its property or assets o▇ ▇▇▇ets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of the Purchasers on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Limited Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of LV, for the ratable benefit of the Creditor Parties, on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus the Lenders on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this ---------- Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of ▇▇▇▇▇▇ on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Guaranty (New Century Energy Corp.)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Midsummer on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of Agent on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Guaranty (Biovest International Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of the Purchasers on any of its their property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this ---------- Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Subsidiary Guaranty (Sequiam Corp)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus the Purchasers on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor Guaranty of Laurus on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Sources: Guaranty (Clinical Data Inc)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to in favor of Laurus on any of its ▇▇▇ property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus in favor of XStream on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectmaterial adverse effect.
Appears in 1 contract
Sources: Subsidiary Guaranty (Xstream Beverage Network, Inc.)
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to which it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus the Lender on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Violations. The execution, delivery and performance of this Guaranty will not violate any requirement of law applicable to it or any contract, agreement or instrument to it is a party or by which it or any of its property is bound or result in the creation or imposition of any mortgage, lien or other encumbrance other than to Laurus Multi-Channel on any of its property or assets pursuant to the provisions of any of the foregoing, which, in any of the foregoing cases, could reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.
Appears in 1 contract