Common use of Remedies Upon Event of Default Clause in Contracts

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereof, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount Principal Amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Provided, however, if the occurrence of any Event of DefaultDefault originally occurs at such time as the Company’s Common Stock is listed on a national securities exchange, the interest rate on this Note Mandatory Default Amount shall accrue at an additional interest rate equal be reduced to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law100%. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default or occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyBxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing five (5) days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. Without limiting the foregoing, during the continuance of an Event of Default, a Holder may convert this Note at a Conversion Price equal to 75% of the lowest VWAP of the Common Stock from the time of the occurrence of an Event of Default until such Event of Default is cured.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any an Event of Default occursarising under Section 8(a)(v) above shall have occurred, then all or any portion of (i) the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, become immediately due and payable in cash at the Mandatory Default Amount. After Amount and (ii) automatically upon the occurrence of an Event of Default, and commencing one (1) day after the occurrence of any Event of Default, regardless of when such Event of Default becomes known to the Holder, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(c), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. In the event of such rescission, interest at the default rate of 18% shall continue to accrue until such time as the Event of Default has been cured or waived, and such default interest has been paid in full.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser smaller of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestDebenture, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at bear an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest rate equal to the lesser of 21.5 % per month (2418% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyXxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestDebenture, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at bear an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursshall have occurred, then all or any portion of at the Holder’s election, (i) the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, become immediately due and payable in cash at the Mandatory Default Amount. After Amount or (ii) commencing 15 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 28% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4payment. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing, then all or any portion of at the Holder’s election, the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, become immediately due and payable in cash at the Mandatory Default Amountpayable. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note and while it is continuing, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% (i) five percent (5%) per month annum in excess of the rate otherwise applicable hereto and (24% per annumii) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Companylaw (with a credit for any “unused” guaranteed interest). In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by the Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After : commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the an interest rate on this Note Debenture shall accrue at an additional interest a rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurshas occurred and is continuing, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s Majority Holders’ election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 calendar days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, interest on the interest rate on this Note Mandatory Default Amount shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable lawDefault Rate. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder Hxxxxx shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of all amounts due to the Mandatory Default AmountHolder following an Event of Default, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurshas occurred and is continuing, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s Majority Holders’ election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 calendar days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, interest on the interest rate on this Note Mandatory Default Amount shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable lawDefault Rate. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing before the Maturity Date, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestliquidated damages, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five (5) Trading Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 215% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable lawlaw or regulation. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 30 days after the occurrence of any Event of Default, the interest rate on this Note shall Debenture shall, while such Event of Default is continuing, accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have xxxx all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default AmountNote, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyXxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have shxxx xxve all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at (the Mandatory “Default Amount”). After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 210% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 220% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by the Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs before the Maturity Date, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestliquidated damages, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five (5) days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 215% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyXxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have xxxx all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Debentures for which the payment full amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2410% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment When this Note shall have been paid in full of the Mandatory Default Amountin accordance herewith, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, any Late Fees and liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s electionelection of Holders of fifty-one percent (51%) of the outstanding aggregate principal amount of Notes, immediately due and payable in cash at the Mandatory Default Amount. After Such amounts shall become immediately due and payable in cash at the Mandatory Default Amount at the election of the Holder. Commencing 5 days after the occurrence of and during the continuance of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest a rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyCorporation. In connection with such acceleration described herein, the Holder need not provide, and the Company Corporation hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the election of Holders of fifty-one percent (51%) of the outstanding aggregate principal amount of Notes. The Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(c), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If Subject to the Beneficial Ownership Limitation as set forth in Section 4(f), if any Event of Default occurs, then all or any portion of the outstanding principal amount Principal Amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable at the Holder’s option, in cash or in shares of Common Stock (subject to the Equity Conditions), at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default AmountAmount in cash or in shares of Common, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kindkind (other than the Holder’s election to declare such acceleration), and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election's election delivered at any time within 30 days of written notice by the Company or public disclosure by the Company of the occurrence of such an Event of Default, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest the rate equal to the lesser of 2% per month (2415% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Debentures for which the payment full Mandatory Prepayment Amount hereunder shall have been made in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing before the Maturity Date, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable lawcash. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. If this Note is placed in the hands of an attorney for collection or enforcement or is collected or enforced through any legal proceeding or the Holder otherwise takes action to collect amounts due under this Note or to enforce the provisions of this Note the Company shall be obligated and pay reasonable attorneys’ fees in connection with such collection, enforcement or action.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at (except with respect to an Event of Default described in Section 8(a)(v), in which case the full principal amount, together with interest and other amounts owing in respect thereof shall automatically become due and payable immediately). The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 Business Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the required payment hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. Section 10.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Promissory Note, plus any accrued but and unpaid interest, liquidated damages interest thereon and all other amounts owing in respect thereof, shall become, at the Holder’s election, become immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Companypayable. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Promissory Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. Without limitation to the foregoing, if the Event of Default shall be a failure of the Company to repay this Promissory Note in full on the scheduled Maturity Date, then following such Event of Default, the Company shall not, without the prior written consent of the Holder, voluntarily surrender any material portion of the FCC wireless licenses it then holds to the FCC.

Remedies Upon Event of Default. If Subject to the Beneficial Ownership Limitation as set forth in Section 4(f), if any Event of Default occurs, then all or any portion of the outstanding principal amount Principal Amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable at the Holder’s option, in cash or in shares of Common Stock (subject to the Equity Conditions), at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default AmountAmount in cash or in shares of Common, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kindkind (other than the Holder’s election to declare such acceleration), and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable lawDefault Rate. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurshas occurred and is continuing, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereof, Mandatory Default Amount shall become, at the Holder’s electionwritten election delivered to the Company, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five (5) Business Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, interest on the interest rate on this Note Mandatory Default Amount shall accrue at an additional interest rate equal to the lesser of 220% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by the Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing Ten (10) Trading Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountdefault amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the any overdue unpaid interest rate on this Note shall accrue interest at an additional interest the rate equal to the lesser of 210.5% per month (24% per annumannum in accordance with Section 2(c) hereof, or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment When this Note shall have been paid in full of the Mandatory Default Amountin accordance herewith, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture while such Event of Default is continuing shall accrue at an additional interest the rate equal to the lesser of 210 % per month (24% per annum) quarter, or the such lower maximum rate amount of interest permitted to be charged under applicable lawlaw or regulation. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyBxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 21.5% per month (2418% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default AmountNote, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have xxxx all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursexists, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s electionelection of the Majority in Interest, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to to, or as directed by the Companyby, Xxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without (but subject to expiration of any grace grace, notice or cure period under Section 8(a) above) enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder with respect to itself only or the Majority in Interest with respect to the Holder and Other Holders at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2410% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment When this Note shall have been paid in full of the Mandatory Default Amountin accordance herewith, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing upon the occurrence of any Event of Default, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 10 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at via wire transfer. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment in full of the Mandatory Default Amount, Amount on this entire Debenture the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five Business Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountthis Debenture, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest rate equal to the lesser of 21.5 % per month (2418% per annum) or the maximum rate permitted under applicable lawlaw (the “Default Rate”). The Default Rate shall be computed from the occurrence of the Event of Default until the date upon which the event of default is cured. Interest calculated at the Default Rate shall be immediately added to the principal due under the Note, without any action on the part of the Holder. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture while such Event of Default is continuing shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall sxxxx have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount; provided that such acceleration shall be automatic, without any notice or other action of the Required Holder required, in respect of an Event of Default occurring pursuant to clause (v) of Section 7(a). After Commencing 5 days after the occurrence and continuance of any Event of Default, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218.0% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing upon the occurrence of any Event of Default, Default the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest rate equal to the lesser of 21.5 % per month (2418% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 220% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountfull. After Commencing five (5) days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountthis Note, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by the Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Impact Note, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 30 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Impact Note, the interest rate on this Impact Note shall accrue at an additional interest rate equal to the lesser of 210% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Impact Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Impact Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4Section. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount Principal Amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such timesucx xxxx, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 216% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyBxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing on the Maturity Date and also five (5) days after the occurrence of any Event of Default, the Default interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 220% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the CompanyXxxxxxxx. In connection with such acceleration described herein, the Holder need not provide, and the Company Borrower hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash; provided, that, in the case of an Event of Default pursuant to Section 8(a)(ix), the cash at payable shall be equal to the Mandatory Default Amount. After Commencing 5 Business Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 211% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountoutstanding principal amount of this Debenture, plus accrued but unpaid interest and other amounts owing in respect thereof through the date of acceleration, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2415% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment in full of the Mandatory Default Amount, Amount on this entire Note the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all haxx xxx rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages Note and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at cash. Subject to the Mandatory Default Amount. After terms of the occurrence Security Agreement, if the Company does not pay the applicable outstanding principal amount within 30 days of any Event of Defaultsuch demand, the Holder may elect to enforce its security interest, being a first-ranking security interest rate on this Note shall accrue at an additional interest rate equal to against the lesser membership interests of 2% per month (24% per annum) or New Rise and New Rise Reno, in the maximum rate permitted under applicable lawSecured Portion specified in the Security Agreement. Upon the payment in full of the Mandatory Default Amountsuch amount(s), the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4Note. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereof, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Upon the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue or at an additional interest rate equal any time thereafter, subject only to the lesser prior receipt by Holder of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountall Obligations (other than contingent indemnification obligations) then outstanding, the Holder shall promptly surrender this Note to or as directed by have all of the Company. In connection with such acceleration rights and remedies described herein, and Holder may exercise any one, more or all of such remedies at its sole discretion. Holder shall have all of the Holder need rights and remedies of a secured party provided by law, as in effect on the date hereof, whether or not provideprovided by applicable law at the time of exercise, and such rights and remedies are incorporated herein and made a part of this Promissory Note and Security Agreement by this reference. In addition, Holder may make any compromise or settlement deemed desirable with respect to the Company hereby waivesCollateral, or extend the time for payment, arrange for payment in installments or otherwise modify the terms of, or release, any presentmentof the Collateral without incurring responsibility to, demandor affecting any liability of, protest or other notice Maker. Upon the occurrence and during the continuance of any kindEvent of Default, Holder is authorized at any time and the from time to time, without notice to or demand upon Maker, to set off and apply any indebtedness owing by Holder may immediately and without expiration of any grace period enforce to Maker against any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Obligations, irrespective of whether or not Holder shall have all rights as a holder of the Note until made any demand for payment and although such timeObligations may be then contingent or unmatured. The Holder agrees to notify Maker after any such setoff and application; provided, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitationhowever, the right failure to convert any portion give such notice shall not affect the validity of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereonsetoff and application.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of all amounts due to the Mandatory Default AmountHolder following an Event of Default, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. Nothing in this Section 6(b) shall prevent the Holder and the Company from mutually agreeing on other remedy in an Event of Default.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs and is continuing before the Maturity Date, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestliquidated damages, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five (5) Trading Days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 215% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b5(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Immediately following an Event of Default, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture while such Event of Default is continuing shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable lawlaw or regulation. Upon All Debentures for which the payment full principal amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b7(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.. Xxxx Xxxx Petroleum Corporation

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence and during the continuance of any Event of Default, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountforegoing amounts, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the this Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interestDebenture, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note Debenture to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note Debenture until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this NoteDebenture, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s 's election, immediately due and payable in cash cash, provided such Event of Default has not been cured at the time of Holder's election. The aggregate amount payable upon an Event xx Xxfault shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Debenture, the interest rate on this Note Debenture shall accrue at an additional the Late Fee rate, or such lower maximum amount of interest rate equal permitted to the lesser of 2% per month (24% per annum) or the maximum rate permitted be charged under applicable law. Upon All Debentures for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall sxxxx have all rights as a Debenture holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occursoccurs prior to the Maturity Date, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages interest and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amountcash. After Commencing five (5) days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amountfull, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b4(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable payable, at the Holders election in cash at the Mandatory Default AmountAmount or in shares of Common Stock at the Mandatory Default Amount at a conversion price equal to 80% of the average of the five (5) VWAPs ending on the Trading Day that is immediately prior to the applicable date the Mandatory Default Amount is demanded or otherwise due. After Commencing ten (10) days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 218% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereof, shall become, at the Holder’s 's election, immediately due and payable in cash at the Mandatory Default Amount. After Amount i) in cash, (ii) by conversion into shares of the occurrence Company’s common stock at the election of any Event the Holder; or (iii) by a combination of Default(i) and (ii), as set forth above at the interest rate on this Note shall accrue at an additional interest rate equal to the lesser election of 2% per month (24% per annum) or the maximum rate permitted under applicable lawHolder. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b6(c), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon. For the absence of doubt, the Company shall not have any right or obligation to prepay or redeem the Note in cash other than at the election of Xxxxxx.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount Principal Amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After Commencing 7 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 212% per month (24% per annum) annum or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b8(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default AmountNote, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Prepayment Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2420% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon All Notes for which the payment full Mandatory Prepayment Amount hereunder shall have been paid in full of the Mandatory Default Amount, the Holder accordance herewith shall promptly surrender this Note be surrendered to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Hxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding full principal amount of this Note, plus accrued but unpaid interest, liquidated damages together with interest and other amounts owing in respect thereof, to the date of acceleration shall become, at the Holder’s election, immediately due and payable in cash at cash. The aggregate amount payable upon an Event of Default shall be equal to the Mandatory Default Amount. After Commencing 5 days after the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue at an additional interest the rate equal to the lesser of 2% per month (2418% per annum) , or the such lower maximum rate amount of interest permitted to be charged under applicable law. Upon the payment in full of the Mandatory Default Amount, Amount on this entire Note the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the The Holder need not provide, provide and the Company hereby waives, waives any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration declaration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a Note holder of the Note until such time, if any, as the Holder receives full payment pursuant to under this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4shall have been received by it. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.

Remedies Upon Event of Default. If any Event of Default occurs, then all or any portion of the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages and other amounts owing in respect thereofthereof through the date of acceleration, shall become, at the Holder’s election, immediately due and payable in cash at the Mandatory Default Amount. After the occurrence of any Event of DefaultDefault that results in the eventual acceleration of this Note, the interest rate on this Note shall accrue interest at an additional interest rate equal to the lesser of 2% per month (24% per annum) or the maximum rate permitted under applicable law. Upon the payment in full of the Mandatory Default Amount, the Holder shall promptly surrender this Note to or as directed by the Company. In connection with such acceleration described herein, the Holder need not provide, and the Company hereby waives, any presentment, demand, protest or other notice of any kind, and the Holder may immediately and without expiration of any grace period enforce any and all of its rights and remedies hereunder and all other remedies available to it under applicable law. Such acceleration may be rescinded and annulled by Holder Xxxxxx at any time prior to payment hereunder and the Holder shall have all rights as a holder of the Note until such time, if any, as the Holder receives full payment pursuant to this Section 6(b), including, without limitation, the right to convert any portion of this Note pursuant to Section 4. No such rescission or annulment shall affect any subsequent Event of Default or impair any right consequent thereon.