Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay any installment of principal, interest or other fees hereon or on any other promissory note issued pursuant to the Security Agreement, when due: provided however, that the Borrower shall have a period of three (3) Business Days in which to cure such failure to pay such monetary amounts.
Appears in 4 contracts
Samples: Secured Minimum Borrowing Convertible Note (Digital Angel Corp), Secured Revolving Convertible Note (Digital Angel Corp), Secured Minimum Borrowing Convertible Note (Digital Angel Corp)