Common use of Failure to Pay Principal, Interest or other Fees Clause in Contracts

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: IIOT-OXYS, Inc., IIOT-OXYS, Inc., Desert Hawk Gold Corp.

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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: Desert Hawk Gold Corp., Desert Hawk Gold 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: X-Factor Communications Holdings, Inc., X-Factor Communications Holdings, Inc.

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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 2 contracts

Samples: Adamas One Corp., Adamas One Corp.

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