Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise, and such breach continues for a period of five (5) days.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Chron Organization, Inc.), Securities Purchase Agreement (Vet Online Supply Inc), Securities Purchase Agreement (Vet Online Supply Inc)
Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise, and such breach continues for a period of five (5) daysdays after written notice thereof to the Borrower from the Holder.
Appears in 3 contracts
Samples: Intellectual Property Security Agreement (IDdriven, Inc.), Stock Pledge Agreement (IDdriven, Inc.), Securities Exchange Agreement (IDdriven, Inc.)
Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise, Note as and when required hereunder and such breach continues for a period of five (5) daysdays following notice to the Borrower from the Holder.
Appears in 2 contracts
Samples: Intellectual Property Purchase Agreement (Webstar Technology Group Inc.), Intellectual Property Purchase Agreement (Webstar Technology Group Inc.)
Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration acceleration, or otherwise, and such breach continues failure shall continue without cure for a period of five (5) or more consecutive days.;
Appears in 1 contract
Samples: Ceelox Inc.
