Common use of AMOUNTS IMMEDIATELY DUE Clause in Contracts

AMOUNTS IMMEDIATELY DUE. The Outstanding Balance and other amounts payable pursuant to this Note and remaining unpaid shall, without any notice, demand, presentment or protest of any kind (each of which is knowingly, voluntarily, intentionally and irrevocably waived by the Borrower), automatically become immediately due upon the occurrence of any Event of Default.

Appears in 13 contracts

Samples: Senior Secured Note (Vyteris Holdings (Nevada), Inc.), Senior Secured Note (Vyteris Holdings (Nevada), Inc.), Senior Secured Note (Vyteris Holdings (Nevada), Inc.)

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AMOUNTS IMMEDIATELY DUE. The Outstanding Balance Principal Amount and all Interest and other amounts payable pursuant to this Note and remaining unpaid shall, without any notice, demand, presentment or protest of any kind (each of which is knowingly, voluntarily, intentionally and irrevocably waived by the Borrower), automatically become immediately due upon the occurrence of any Event of Default.

Appears in 1 contract

Samples: Securities Purchase Agreement (Treasure Mountain Holdings Inc)

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