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

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise.

Appears in 45 contracts

Samples: Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (Growlife, Inc.), Securities Purchase Agreement (Mphase Technologies Inc)

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Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise.;

Appears in 13 contracts

Samples: Secured Subordinated Convertible Promissory Note (Inergetics Inc), Series B Amendment Agreement (Lithium Technology Corp), Series B Amendment Agreement (Lithium Technology Corp)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal Principal Amount hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise, or fails to fully comply with Section 1.10 of this Note.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Clean Energy Technologies, Inc.), Securities Purchase Agreement (RespireRx Pharmaceuticals Inc.), Securities Purchase Agreement (Us Nuclear Corp.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof of this Note or interest thereon hereon when due on this Note, whether at maturity, upon acceleration or otherwisedue.

Appears in 6 contracts

Samples: Promissory Note (Gold Swap Inc), Promissory Note (Gold Swap Inc), Promissory Note (Gold Swap Inc)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturitythe Maturity Date, upon acceleration acceleration, or otherwise.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.), Securities Purchase Agreement (Digital Brands Group, Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration maturity or otherwise.

Appears in 5 contracts

Samples: Funding Agreement (Global Equity International Inc), Funding Agreement (Global Equity International Inc), Funding Agreement (Global Equity International Inc)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal Principal Amount hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Ionix Technology, Inc.), Securities Purchase Agreement (eWELLNESS HEALTHCARE Corp), Securities Purchase Agreement (Quantumsphere, Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on under the terms of this Note, whether at maturity, upon acceleration or otherwise.;

Appears in 2 contracts

Samples: Secured Convertible Note (Sentinel Emergency Response Technology, Inc.), Secured Convertible Note (Sentinel Emergency Response Technology, Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwiseotherwise and the Holder has not agreed to add the interest to the principal amount.

Appears in 2 contracts

Samples: Assignment of Debt Agreement, Assignment of Debt Agreement (Sunvesta, Inc.)

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Failure to Pay Principal or Interest. The Borrower fails to pay the principal Principal Amount hereof or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise. In the event that the Borrower fails to pay the Principal Amount hereof or interest thereon in full on the Maturity Date.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cachet Financial Solutions, Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturitythe Maturity Date, upon acceleration or otherwise.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (TechCare Corp.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this Note, whether at maturitythe Maturity Date, upon acceleration or otherwise.

Appears in 1 contract

Samples: Note Purchase Agreement (RespireRx Pharmaceuticals Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal hereof or interest thereon when due on this NoteDebenture, whether at maturity, upon acceleration or otherwise.;

Appears in 1 contract

Samples: Securities Purchase Agreement (Skybridge Wireless Inc)

Failure to Pay Principal or Interest. The Borrower fails to pay the principal Principal Amount hereof or interest thereon when due on this Note, whether in accordance with Schedule A, at maturity, upon acceleration or otherwise, or fails to fully comply with Section 1.10 of this Note.

Appears in 1 contract

Samples: Securities Purchase Agreement (Touchpoint Group Holdings Inc.)

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