Common use of Failure to Pay Principal and Interest Clause in Contracts

Failure to Pay Principal and Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity or upon acceleration and such breach continues for a period of five (5) days after written notice from the Holder.

Appears in 17 contracts

Samples: Membership Interest Purchase Agreement (Accredited Solutions, Inc.), Legal Services Agreement (Accredited Solutions, Inc.), Securities Purchase Agreement (SinglePoint Inc.)

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Failure to Pay Principal and Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity or maturity, upon acceleration or otherwise and such breach continues for a period of five (5) days after written notice from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Star Foods Corp.)

Failure to Pay Principal and Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity or upon acceleration and such breach continues for a period of five (5) days after written notice from the Holder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gelstat Corp)

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Failure to Pay Principal and Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity or upon acceleration and such breach continues for a period of five (5) days after written notice from the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (NovAccess Global Inc.)

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