Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal or interest hereon when due and such failure continues for a period of five (5) days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 hereof.
Appears in 14 contracts
Samples: Convertible Note (Ibiz Technology Corp), Convertible Note (Select Media Communications Inc), Convertible Note (Ibiz Technology Corp)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 1.2 hereof.
Appears in 8 contracts
Samples: Secured Convertible Note (Medical Exchange Inc.), Secured Convertible Note (Diamond Entertainment Corp), Secured Convertible Note (Diamond Entertainment Corp)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 3 contracts
Samples: Convertible Note (Family Room Entertainment Corp), Convertible Note (BigString CORP), Convertible Note (BigString CORP)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) business day period described in this Section 3.1 2.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 3 contracts
Samples: Note (Conspiracy Entertainment Holdings Inc), Secured Note (Kingsley Coach Inc), Secured Note (Swiss Medica Inc)
Failure to Pay Principal or Interest. The Borrower fails to pay ------------------------------------ any installment of principal or interest hereon when due and such failure continues for a period of five (5) days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 hereof.
Appears in 2 contracts
Samples: Convertible Note (Kaire Holdings Inc), Convertible Note (Kaire Holdings Inc)
Failure to Pay Principal or Interest. The Borrower fails to pay any ------------------------------------ installment of principal or interest hereon when due and such failure continues for a period of five (5) days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 hereof.
Appears in 1 contract
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) days after the due date. The five (5) day period described in this Section 3.1 2.1 is the same five (5) day period described in Section 1.1 1.2 hereof.
Appears in 1 contract
Samples: Note (IDO Security Inc.)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) business day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 1.2 hereof.
Appears in 1 contract
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal or interest hereon when due and such failure continues for a period of five (5) days after the due date. , The five (5) day period described in this Section 3.1 is the same five (5) day period described in Section 1.1 hereof.
Appears in 1 contract
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 1 contract
Samples: Secured Convertible Note (Lotus Pharmaceuticals, Inc.)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five ten (510) days after the due date. The five (5) day period described in this Section 3.1 is the same five ten (510) day period described in Section 1.1 1.2 hereof.
Appears in 1 contract
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) business day period described in this Section 3.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 1 contract
Samples: Subscription Agreement (5 G Wireless Communications Inc)
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Debenture when due and such failure continues for a period of five (5) business days after the due date. The five (5) business day period described in this Section 3.1 2.1 is the same five (5) business day period described in Section 1.1 1.3 hereof.
Appears in 1 contract
Failure to Pay Principal or Interest. The Borrower fails to pay any installment of principal principal, interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) day period described in this Section 3.1 2.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 1 contract
Samples: Secured Note (Aprecia Inc)
Failure to Pay Principal or Interest. The Borrower fails to pay any ------------------------------------ installment of principal interest or interest hereon other sum due under this Note when due and such failure continues for a period of five (5) business days after the due date. The five (5) day period described in this Section 3.1 is the same five (5) business day period described in Section 1.1 hereof.
Appears in 1 contract
Samples: Convertible Note (BigString CORP)
