Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay the Outstanding Interest when it comes due or the Outstanding Principal on the Maturity Date and such failure shall continue for a period of thirty (30) days following the date upon which any such payment was due.
Appears in 4 contracts
Samples: Convertible Note Agreement (IIOT-OXYS, Inc.), Convertible Note (IIOT-OXYS, Inc.), Convertible Note (Desert Hawk Gold Corp.)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay the Outstanding when due any installment of Principal or Interest when it comes due or the Outstanding Principal on the Maturity Date hereon in accordance herewith, and such failure shall continue for a period of thirty (30) days following the date upon which any such payment was due.
Appears in 3 contracts
Samples: Oid Note (American Rebel Holdings Inc), Convertible Term Note (Adamas One Corp.), Convertible Term Note (Adamas One Corp.)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay the Outstanding Interest when it comes due any installment of interest in cash or the Outstanding Principal on the Maturity Date in-kind in accordance herewith and such failure shall continue for a period of thirty (30) days following the date upon which any such payment was due.
Appears in 2 contracts
Samples: Promissory Note (X-Factor Communications Holdings, Inc.), Promissory Note (X-Factor Communications Holdings, Inc.)
Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay the Outstanding Principal and any Outstanding Interest when it comes due or the Outstanding Principal on the Maturity Date and such failure shall continue for a period of thirty (30) days following the date upon which any such payment was due.
Appears in 2 contracts
Samples: Convertible Note (Desert Hawk Gold Corp.), Convertible Note (Desert Hawk Gold Corp.)
