Failure to Pay Principal, Interest, Etc. The Company fails (1) to pay the principal or the Repurchase Price hereof when due, whether at maturity, upon acceleration or otherwise, as applicable, or (2) to pay any installment of interest hereon when due and, in the case of this clause (2) of this Section 4.1(a) only, such failure continues for a period of five Business Days after the due date thereof; or
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Samples: Convertible Note (Emagin Corp), Amendment Agreement (Emagin Corp)
Failure to Pay Principal, Interest, Etc. The Company fails (1) to pay the principal principal, the Optional Redemption Price or the Repurchase Price hereof when due, whether at maturity, upon acceleration or otherwise, as applicable, or (2) to pay any installment of interest hereon when due and, in the case of this clause (2) of this Section 4.1(a4(a)(1) only, such failure continues for a period of five Business Days after the due date thereof; or
Appears in 1 contract
Samples: Convertible Note (Insmed Inc)
Failure to Pay Principal, Interest, Etc. The Company fails fails
(1) to pay the principal principal, the Optional Redemption Consideration or the Repurchase Price hereof when due, whether at maturity, upon acceleration acceleration, as required by Section 2(d)(2) or otherwise, as applicable, or (2) to pay any installment of interest hereon when due and, in the case of this clause (2) of this Section 4.1(a4(a)(1) only, such failure continues for a period of five Business Days after the due date thereof; or
Appears in 1 contract
