Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 28 contracts
Samples: Cryomass Technologies, Inc., Andina Gold Corp., Andina Gold Corp.
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, principal or interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three thirty (330) days following the date upon which any such payment was due.
Appears in 26 contracts
Samples: Term Note (Guardian 8 Holdings), Note (Guardian 8 Holdings), Note (Guardian 8 Holdings)
Failure to Pay Principal, Interest or other Fees. The Any Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewithor on any other promissory note issued pursuant to the Security Agreement, or the any Borrower fails to pay when due any amount due under any other promissory note issued by such Borrower, when due in accordance with the terms of such note, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 7 contracts
Samples: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three five (35) business days following the date upon which any such payment was due.
Appears in 3 contracts
Samples: Clinical Data Inc, Icoria, Inc., Perfisans Holdings Inc
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three five (35) days following the date upon which any such payment was due.
Appears in 3 contracts
Samples: Axtive Corp, Certified Services Inc, Magic Lantern Group Inc
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay within five (5) days of the date when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 3 contracts
Samples: Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment instalment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 3 contracts
Samples: Secured Term Note (Creative Vistas Inc), Creative Vistas Inc, Creative Vistas Inc
Failure to Pay Principal, Interest or other Fees. The Any Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewithor on any other Note issued pursuant to the Security Agreement, or the any Borrower fails to pay when due any amount due under any other promissory note issued by such Borrower, when due in accordance with the terms thereof, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 2 contracts
Samples: Maxim Mortgage Corp/, Thomas Equipment, Inc.
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by BorrowerBorrower which has had, or could reasonably be expected to have, a Material Adverse Effect, and in any such case, such failure shall continue for a period of three five (35) days following the date upon which any such payment was due.
Appears in 2 contracts
Samples: Powercold Corp, Powercold Corp
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by BorrowerBorrower to the Holder in accordance with the terms of such other promissory note, and in any such case, such failure shall continue continues for a period of three (3) days following after the date upon which any such payment was duedue date.
Appears in 2 contracts
Samples: Convertible Term Note (Electric City Corp), Electric City Corp
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by the Borrower, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 2 contracts
Failure to Pay Principal, Interest or other Fees. The Borrower (i) fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or (ii) the Borrower fails to pay when due any amount exceeding $200,000 due under any other promissory note issued by BorrowerBorrower (unless the Borrower shall in good faith contest the validity of such amounts), and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 2 contracts
Samples: Bos Better Online Solutions LTD, Bos Better Online Solutions LTD
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon or on any other Note issued pursuant to the Security Agreement, when due in accordance herewith, or with the Borrower fails to pay when due any amount due under any other promissory note issued by Borrowerterms of such Note, and in any such case, such failure shall continue for a period of three (3) business days following after the date upon which any such payment was duedue date.
Appears in 1 contract
Samples: Global Payment Technologies Inc
Failure to Pay Principal, Interest or other Fees. The Borrower (i) fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or (ii) the Borrower fails to pay when due any amount exceeding $100,000 due under any other promissory note issued by BorrowerBorrower (unless the Borrower shall in good faith contest the validity of such amounts), and in any such case, such failure shall continue for a period of three thirty (330) days following the date upon which any such payment was due.
Appears in 1 contract
Samples: Asset Purchase Agreement (Bos Better Online Solutions LTD)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, Borrower and in any such case, such failure shall continue continues for a period of three (3) days following the date upon which any after such payment was is the due.
Appears in 1 contract
Samples: Time America Inc
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 1 contract
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by BorrowerXxxxxxxx, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was duedue in the case of this Note, or the applicable grace period thereunder, in the case of any other promissory note.
Appears in 1 contract
Samples: Coach Industries Group Inc
Failure to Pay Principal, Interest or other Fees. The Any Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewithhereon, or the any Borrower fails to pay when due any amount due under any other promissory note issued by such Borrower, when due in accordance with the terms of such note, and in any such case, such failure shall continue for a period of three (3) days following the date upon which any such payment was due.
Appears in 1 contract