Cures. Upon each of such Event of Default, the Company shall have thirty (30) days to cure such default after receipt of written notice of default from Investor specifying the nature of the Company's default. If the Company is unable to cure its default within such thirty (30) day period, Investor may, at its option, accelerate repayment of the Outstanding Balance in which case the Outstanding Balance shall be due and payable immediately. Upon any default of the Company hereunder, Investor may pursue any remedies that are available to it.
Appears in 9 contracts
Samples: Convertible Promissory Note Purchase Agreement (3pea International, Inc.), Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.), Convertible Promissory Note Purchase Agreement (3pea Technologies Inc.)
